halifax and Lloyds tsb trading as separate companies ?

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atbav

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Post by atbav » Sun Apr 05, 2009 5:57 pm
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Can you tell me please if halifax and Lloyds tsb are still trading as separate companies or can they use the right to offset if either is owed money.
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dand

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Post by dand » Sun Apr 05, 2009 6:10 pm
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i believe halifax and lloyds are linked.

This would mean either could have access to the others accounts.

im sure the experts will comment and confirm
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MelanieGiles

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Post by MelanieGiles » Sun Apr 05, 2009 7:46 pm
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They are trading as separate companies, and I don't believe the one has the right to offset against the other, but it might be better to err with caution and open an account with an entirely unlinked bank.
Regards, Melanie Giles, Insolvency Practitioner
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David Mond

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Post by David Mond » Mon Apr 06, 2009 4:52 am
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They do not have right of set off.
Regards, David Mond, Insolvency Practitioner for over 46 years. Personal Insolvency Practitioner of the year 2012, Personal Insolvency Practitioner of the year finalist 2013 & 2014 awarded by Insolvency & Rescue Magazine and 2015 finalist for Personal Insolvency Firm of the Year.
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