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UPS Lost Family's Inheritance
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<blockquote data-quote="newfie" data-source="post: 3258601" data-attributes="member: 58700"><p>why is UPS getting the bad press , should be TD----------------</p><p></p><p>"But two days later, the bank said they would only get their money if they signed an indemnity agreement. Essentially, the bank wanted to hold Lorette — the executor of her father's estate — liable for life if the draft was cashed illegally.</p><p></p><p>"It also said that if something happened to me, for example, my children and my heirs and my spouse and my executor would have to pay this debt," she said. "Well, I didn't really want to sign this."</p><p></p><p>But with no other option, she did.</p><p></p><p>'We are unfortunately not perfect.' — UPS spokeswoman Nirali Raval</p><p>Then, she says, TD Canada Trust ignored the agreement.</p><p></p><p>"They never paid anyone a dime," she said.</p><p></p><p>In fact the bank came back with even more demands. It wanted to put a lien on the Taylors' home or force the family to buy GICs in the full amount of the bank draft. The lien or GICs would have to be in place for at least three years. </p><p></p><p>The Taylors say all of the onus to protect the bank would have been put on them; 40-year customers of the bank.</p></blockquote><p></p>
[QUOTE="newfie, post: 3258601, member: 58700"] why is UPS getting the bad press , should be TD---------------- "But two days later, the bank said they would only get their money if they signed an indemnity agreement. Essentially, the bank wanted to hold Lorette — the executor of her father's estate — liable for life if the draft was cashed illegally. "It also said that if something happened to me, for example, my children and my heirs and my spouse and my executor would have to pay this debt," she said. "Well, I didn't really want to sign this." But with no other option, she did. 'We are unfortunately not perfect.' — UPS spokeswoman Nirali Raval Then, she says, TD Canada Trust ignored the agreement. "They never paid anyone a dime," she said. In fact the bank came back with even more demands. It wanted to put a lien on the Taylors' home or force the family to buy GICs in the full amount of the bank draft. The lien or GICs would have to be in place for at least three years. The Taylors say all of the onus to protect the bank would have been put on them; 40-year customers of the bank. [/QUOTE]
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