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Old January 21st 10, 09:51 PM posted to uk.finance
Jeremy Pinwhistle
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Posts: 3
Default Personal Loan Misselling?

The interest rate was almost 12%.
At the present time we have no idea where the money went. She paid all the
installments when they fell due, but because probate is still being sorted
we have not yet had access to her bank statements.
Thanks again,
Steve.


"tim...." wrote in message
...

"Jeremy Pinwhistle" wrote in message
...
Hi,

I am just dealing with the estate of a recently deceased elderly
relative.

Since her death it has emerged that a year ago at the age of 76 she took
out a personal loan from her high street bank of £20k.

We are currently in the process of applying for probate, so as yet we are
not sure as to what the actual loan agreement contains, and whether it
will have to be repaid out of her estate.


All debts have to be paid out of the estate before the estate is
distributed, that how dieing with debts works

tim





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