I am wondering if anyone has anyone received a Disputes Tribunal Application from any bank for outstanding debt. I did.
The tribunal application against me was substantially falsified by the bank’s collection agent. I was able to prove with evidence that the items contained therein were false. But the Tribunal referee dismissed my counterclaim entirely.
I do have outstanding debt with this bank which I am now paying back, because after 2 years of trying to reach a settlement the bank will not agree to any repayment arrangment. but I am wondering if it is standard business practise for banks here in NZ to submit falsified tribunal applications to try and collect debt, in order to obtain a court backed judgement when no enforceable contract existed before.
I did agree to an amount outstanding at the hearing along with the bank and the tribunal made the order. I though the order would at least mean the debt would not increase but a few weeks later the bank’s collection agent sent me a statement and the debt had increased substantially. I appealed the tribunal decision to the district court but the judge dismissed it.
If anyone has had an experience like this or can advise on the collection practises of the banks would be appreciated.