Update to previous question of same title:(posted 8701 days ago)We now have concrete evidence that all endowement policies assigned to Abbey National in connection with our reposession, were surrendered by Abbey, but they still deny receiving the proceeds of any of these policies.
Because of other information that we have in our posession we know that none of the proceeds were used to reduce our alledged liability for the shortfall.
We have told DLA that we have the evidence, and they have requested copies which we are not going to send at this time, make the beggers sweat!
We have also found out that a surrender cheque for one particular endowement policy was sent to Abbey made payable to myself and my wife.
Does anyone out there know anything about banking procedures i.e. how could Abbey possibly cash this cheque when it is not made payable to them. Also, if they couldn't bank it, would it be considered theft if the cheque was not passed on to us.
ps Thank you for taking the time and trouble to read this message.