Dunfermline Building Society goes BUST !! another 1 bites the dust - HotUKDeals
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Dunfermline Building Society goes BUST !! another 1 bites the dust

£0.00 @
And NO Govt bailout...it's going to the wall: http://news.bbc.co.uk/2/hi/uk_news/scotland/7969882.stm
big-boy Avatar
7y, 11m agoPosted 7 years, 11 months ago
And NO Govt bailout...it's going to the wall:

http://news.bbc.co.uk/2/hi/uk_news/scotland/7969882.stm
big-boy Avatar
7y, 11m agoPosted 7 years, 11 months ago
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#1
http://news.bbc.co.uk/2/hi/uk_news/scotland/7969882.stm

It was hoped the Dunfermline could continue with a government bailout of between £60m to £100m.

However, the regulators have decided it is no longer viable, with a £26m loss expected to be announced next week.
#2
Scarey This, Anyone Know What Happens To Monies Owed (mortguage)when A Bank/building Society Goes Under?
banned#3
raptorcigs
Scarey This, Anyone Know What Happens To Monies Owed (mortguage)when A Bank/building Society Goes Under?


Yeh. The debt gets wiped out as you have no one to pay it back to.
















If only!!!!
#4
raptorcigs
Scarey This, Anyone Know What Happens To Monies Owed (mortguage)when A Bank/building Society Goes Under?


the adminstrator will sell thew debt on to another lender, the terms won't change so you'll just pay someone else

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