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According to citizens advice bureaux, there are cases of the same person having three or four debts totalling more than £20,000 at the same bank. It is wrong for banks to allow people to have several debts with them.The banks seem to target existing debtors.
In most cases, the pursuer will arrange for the occupier to collect any possessions at a later date, but there is no legal obligation on them to do so.
All that happened was that the shareholders sold some of their debt to the banks as part of the refinancing. So we owe our shareholders less money but we owe our banks more money.
In other words, is there a legal constraint on the money towards the bank loan? As both we and the bank are obviously concerned about the situation, the bank has set up a serviced account on which it has explicit rights to transfer sums from the account at its own request.
Not only do those owners not want people on their water, but they actively discourage people from walking along the banks of the Spey. That wraps up this evidence-taking session.
There seemed to be a general feeling that public holidays in Scotland at this time of year are not necessarily the best idea, particularly for golfers such as Mr McLetchie and others who would, presumably, prefer better weather.
I am told that the Cabinet met here because Lloyd George was on holiday in Gairloch, which is a fantastic advert for the Scottish Tourist Board and holidaying in Scotland.
The main weakness was that, during the year, the corporate body did not perform the necessary periodic reconciliations between its bank accounts and its accounting ledger.