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terriersaregreat

The Insolvency Service should be made to pursue the on-going claims of a bankrupt

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I have become increasingly concerned by the number of banks and companies using "no locus standi" as a defence. It is becoming obvious that third parties cause the bankruptcy of a Claimant/Defendant allowing the right of action to be vested in the Official Receiver or Trustee. More often than not there is a decision not to pursue the action, cost, success of action etc being the excuse. Surely if the bankrupt was involved in legal action, in particular to obtain recompense, the claim must be pursued in the interests of both creditors and the bankrupt. I have seen evidence that banks etc are using the "no locus standi" argument to prevent evidence of their conduct to be "buried". This is an injustice and needs to be addressed as a matter of urgency.

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