Search for a book to add a reference. We take abuse seriously in our discussion boards. Only flag comments that clearly need our attention. As a general rule we do not censor any content on the site.
The only content we will consider removing is spam, slanderous attacks on other members, or extremely offensive content eg. We will not remove any content for bad language alone, or being critical of a particular book. Welcome back. Forward Trust do not seek any windfall profit as a result of suing to recover the indebtedness under the loan agreement. They do, however, object strongly to being placed at any significant disadvantage.
This, they claim, is exactly what hapens if they can only obtain judgment for the outstanding amount less the statutory rebate. The rebate represents future interest which, if they sued in the High Court, would be replaced by interest on the judgment debt. They are, however, required by section of the Act to sue in the County Court whose judgments do not bear interest, unless and until rules are made under section 74 of the County Courts Act which has not yet occurred.
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