Quote:
Originally Posted by DanaC
I'm going to speak up for the creditors here - the laws governing data protection in the financial sector, certainly in the UK and Europe, but I imagine in the US too, are very strict and there are good reasons for that to be so.
It's a pain in the proverbial, and no doubt there could be some streamlining of the processes involved, but those protections are a necessary evil and in some cases hard won against the prevailing attitudes of the financial industries.
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I get all of that, but I'd prefer that creditors put more energy into making it harder to open fraudulent accounts with fake IDs, instead of fighting against closing legit accounts because the owner died.
