Australian Authorities Realize Banks Abuse Legal Process
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As reported, by 'The Guardian' ([link:
https://amp.theguardian.com/australia-news/2018/oct/26/labor-says-banking-inquiry-failed-to-expose-how-legal-system-used-to-crush-customers
|Here]), on Thursday, October 25rh, 2018, Australia's Labors banking royal commission submission says Australians being forced into ruthless court processes.
Labor says banking inquiry failed to expose how legal system used to crush customers.
Does this sound familiar?
As detailed by The Guardian:
Labor has identified one of the biggest blindspots of the banking royal commission as being its lack of interrogation of the way banks are using the legal system to crush customers.
In its submission to the commission, Labor says Australians who have disputes with their banks are being forced into ruthless and lengthy court processes, by corporations with deep pockets, and there is a significant gap in community legal services for small business customers.
The commission's final report is due out in February 2019; but Labor wants more testimonials after learning of "harrowing" instances of families losing farms 10p years old; and cases of attempted suicide.
Reportedly - a culture of greed - has resulted in an abuse of civil rights due process; and 10, 000 complaints where there is an "abuse of law"!