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I wouldn't actually do either of these, I am just curious on the law around it..
If you have a debt with a bank that is SB, but you for some crazy reason open an account with them after it became SB, can they still use RoSo to try and settle it?
Also, if you have a personal debt (in general, not SB) with a bank, but you open a new business account with them, can they use RoSo in this case to recoup their losses?
Thanks
If you have a debt with a bank that is SB, but you for some crazy reason open an account with them after it became SB, can they still use RoSo to try and settle it?
Also, if you have a personal debt (in general, not SB) with a bank, but you open a new business account with them, can they use RoSo in this case to recoup their losses?
Thanks