Independent Banking Advisory Service
Established in 1992
Bank Mortgage, Personal Guarantee Problem or Dispute?
Business Banking mortgage dispute? Director's Personal Guarantee/guarantee/indemnity issue/problem? Need to resolve urgent personal guarantee debt or business banking dispute? Worried about your bank's threatening behavior? Bank demanding payment of your director's personal guarantee or threatening legal action? Bank requesting you complete 'personal financial/assets and liabilities' following a personal guarantee (PG) debt claim?
Independent Banking Advisory Service (IBAS) - IBAS launched in 1992 as a specialist unincorporated business banking membership organization assisting bank customers with UK business banking account/loan account/mortgage account and security disputes and business banking debt disputes. Our bank analysis and investigation of business bank loans, bank accounts, banking contracts, business banking account facilities and banking debt recovery information has been instrumental in our member's success.
IBAS is now in it's 25th year helping/guiding those with UK Business Banking disputes and Director's Personal Guarantee business debt claims - IBAS is the only UK non profit organization which provides business banking customers with specialist business banking assistance and specialist business banking guidance and also IBAS specialist business banking investigations.
IBAS acts as a conﬁdential business partner and advisor for your business by providing reliable data and expert advice and will be a valuable addition to your management team. The additional attentiveness in your business ‘banking relationship’ and quality of information IBAS provides also allows your management team to concentrate on all other areas of your business, whilst making certain that your business banking account charges are correct and that bank interest charging is not (and has not been) inﬂated or excessive.
Commercial Property Mortgages - IBAS has seen commercial property mortgages during the last year where the bank has incorrectly charged interest and also incorrect margins as far back as 2005 up to date. That can also mean the bank has involved their 'Specialist' bank department who have inflicted Excess and Penalty interest on Commercial Property Mortgages where they should not have done so - reducing company profits and opportunity. This is not just one bank. The amounts are considerable. The results of such bank conduct if left unchecked or unidentified where the company trading is already reduced or is under pressure will inevitably create a default. That in the circumstances outlined would represent a 'False default' which is 'created' by the bank. That creates an insolvency situation where the bank's conduct can go entirely unnoticed despite property and assets being devalued and then 'lost' by the business. At that stage, Director's personal guarantees to the bank will also be 'called upon'.
Contact IBAS now with your details to make certain that your position and also your company position is properly protected and properly documented.
'I found IBAS to be Impressive & professional with no nonsense. I followed IBAS strategy totally and the result was spectacular. Thanks for putting my life back on track and saving me a bucket load of money - I cannot thank you enough. I would now start with IBAS and ignore all the others who are 'selling' an imitation of these guys but without IBAS knowledge! - AT November 2016
Premier Motorauctions Ltd & Anor v Pricewaterhousecoopers LLP & Anor  EWHC 2610 (Ch) (24 October 2016) - HIGH COURT DENIES SECURITY FOR COSTS APPLICATION BECAUSE CLAIMANT HELD ADEQUATE ATE INSURANCE - Snowden J handed down judgment on PricewaterhouseCoopers’ application for security for costs in Premier Motor Auctions Limited v PricewaterhouseCoopers (2016) EWHC (Ch). Snowden J suggested that the independent and professional nature of insolvency practitioners, combined with their personal liability, indicates that ATE insurance arranged by them (as in importance of ATE insurance market and acknowledged that there "is a public interest in permitting ATE insurance on appropriate terms to provide access to justice for insolvent companies under the control of responsible insolvency office-holders".
Bank threats for successful SMEs and their owners/proprietors as identified in Hansard see: Hansard debate on Premier Motor Auctions at 11am . This is an 'ongoing' case for an IBAS member which has now reached the courts with a claim against both Lloyds and also PwC.
See Austin Mitchell's address from column 212WH to column 219WH which provides Keith Elliott's MP's concerns on conflicts of interest and Austin Mitchell MP also quotes IBAS opinion on our member's case.
Elliott v Lloyds TSB Bank Plc & Anor  EW Misc 7 (CC) (24 April 2012) This Claim arises out of data subject access requests (“SAR”) made by Mr Elliott to the Defendants, Lloyds TSB Bank plc (“Lloyds TSB”) and Lloyds Development Capital Ltd (“LDC”), on 2 August 2010 pursuant to s.7(1) of the Data Protection Act 1998 (“the 1998 Act”). Mr Elliott alleges that the Defendants had failed to comply with his SARs and originally sought an order from the Court that they comply pursuant to s.7 (9) of the 1998 Act
‘We were very grateful for your assistance at a very difficult time for us. You provided good and timely advice and it was useful to have an independent perspective on the case. You also acted as a buffer between ourselves and the bank which perhaps moderated their dealings with us and bought us some time in which to organise our settlement. You were also good value. We still believe that the bank behaved badly but unfortunately that seems to be the way of the world today. Thank you for your help.’ From SAC January 2013
I understand that so many cases are lost before they start because under threats from the bank the customer provides an offer of payment - without understanding there may be a defence to the bank's claim. Having been induced to make that offer, the bank then goes for the jugular. Apparently I am one of a very small band of successful litigants, which I wouldn’t have been without IBAS behind me. - DeeJay
IBAS is totally independent and our experience is gained from numerous business banking investigations across all UK industries from our ‘case work.’ IBAS research on Bank overdrafts and business banking account charging allows IBAS to challenge banks hard on their actions and performance and provides a strong banking negotiating position. IBAS provides unique specialist and confidential, professional business banking advice and direct assistance without any conflict of interest.
to challenge banks hard on their actions and performance and provides a strong banking negotiating position. IBAS provides unique specialist and confidential, professional business banking advice and direct assistance without any conflict of interest.
unique specialist and confidential, professional business banking advice and direct assistance without any conflict of interest.
Bank Complaints, Defaults, Payment demanded or Demand for payment, Debt Judgment, Interim Charging Order, Charging Order absolute, Order for Sale threatened - each part of the banking process in chasing payment on a secured debt adds considerable additional cost and interest. Those extra costs are added to the original debt being claimed.
Just received a 'letter of concern'? If you have the 'Letter of Concern' is a direct threat to you and your business. If the 'Letter of Concern' is not dealt with properly it can start a spiral of business decline/ destruction. It may also mean that your Personal Guarantees and/or personal assets (home) are at greater risk. IBAS provides specialist assistance for businesses in such matters.