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  • Debt & Negative Equity

    UKAR repossession signature forgery claims



    Representatives of a government-owned bank are suspected of forging signatures on court documents in repossession cases, the BBC's Victoria Derbyshire programme has been told.

    In the US, such practices - on a very large scale - led to billion-dollar fines and millions in compensation.

    The allegations relate to UK Asset Resolution and loans from Northern Rock, Bradford & Bingley, Mortgage Express, also Lloyds Banking Group.

    The companies strongly deny the claims.

    The signatures, of bank officials and legal representatives, are found on documents such as statements of truth and witness statements submitted to the courts as part of repossession proceedings.

    Full/source article

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