My late father,who worked as a labourer on a building site,for the 50 years that he was in this country, told me from an early age,Money in the Bank,is Security,and he lived by this doctrine, so much by it,that when he died he left an obscene amount of money....by working class standards that is,but it was in excess of £100,000,this was shared between myself my mother and my brother and sister,then when she died,she tooleft in excess of the same amount,
When I deposited my share in the bank,They advised me to see a financial adviser,..I did,and he said he would invest my money wisely,....I,m just glad i did,nt let him invest it all,...suffice to say,when things went pear shaped I lost all of this wisely invested money,and more,...un be known to me,...I had went overdrawn,on my account to the tune £1.02,...by the time I discovered it,the debt had risen to £641.02,...£5+ per day bank charges, when I queried this with the bank,they told me it was bank policy,when I asked them why did,nt they notify me,about this £1.02 debt,they said they had,on 4 occasions, and that the letters had been returned as Not Known at this address,when I asked them what address they,d sent the letters too, they showed me my late parents address,I then asked them why did,nt they check my bank details that were on their PC,they could,nt give me a satisfactory explanation,Then I said to them,"you lost thousands of £s of my money with your unwise investments then you charge me £640 for a £1.02 debt,...One has nothing to with the other ,i was told,....
I now have No bank account,any money i get,I put it where i know it will be safe,..I still have that outstanding debt with the bank, and the debt has been passed to a Debt Collection Agency,who,have told me,"quote-we have instructed one of our "field operatives to pay you a visit, but to avoid this,please phone us now,with a repayment plan,..I phoned them and told them, in no uncertain manner,"If you send a field operative to my door,..please advise him to bring an Ambulance with him,..because he,or I might need one very quickly,..their responce was,..we do not take threats kindly,..neither do I, I said, and hung up,
I got in touch with CAB,who have been very good,..and just two weeks ago I got a letter from said Debt Agency,offering me a reduced debt of £400,...I declined this offer,
I,ll let you know how i get on,
Wullie