Judgement Is In On Thursday

[Ladidi]

Bank charges ruling due on Thursday | Money | guardian.co.uk

[vortex]

I think a well needed bump on this one is required. Confirmed by the OFT.

[Freethinker]

Get your spreadsheets up to date people

[nicsussex]

Don't get too excited - there will almost inevitably be an appeal regardless of who wins

[srfrench]

Who cares!? WOOOOOHOOOOOOOOOOOOOOOOOO !!!!

[tomterm8]

Well, the rumour mill is saying there might not be an appeal, but who knows?

Next week, we may be richer

[Freethinker]

hmmm wonder if they will pay out on Contractual interest

[nicsussex]

Originally Posted by Freethinker

hmmm wonder if they will pay out on Contractual interest

Think you may need to have a good read of what the test case was actually about!

[breeze1996]

I've got everthing crossed, and we can only hope it's going to go our way.

[Freethinker]

Originally Posted by nicsussex

Think you may need to have a good read of what the test case was actually about!

Nic, I think that you might find that i am fully conversant with the test case and the issues involved

[nicsussex]

Then you will be aware that is not even worth speculating on such things as CI as 1) The case was only to rule as to whether UTCCR legislation applied. 2) This being the case does not necessarily mean that any closure will necessarily be achieved after this stage of the case. 3) There will almost certainly be an appeal. 4) CI at this stage has absolutely nothing to do with it.

[breeze1996]

Everyone I talk to says the same thing about the banks, they want this over and done with.
I have friends who work there and they are scared stiff about the fact the cost still hasn't come out, they want to pay up and move on, Some profit is better than no profit.

[Alphageek]

I was just wondering when we were to hear more on this case.

If I recall correctly, the Judge was going to let the QCs know his ruling a couple of days before he went public, so the banks will know their fate tomorrow I reckon.

If you see For Sale signs going up on the branches, you can guess it's good news for the consumer

[Ladidi]

I wouldn't be surprised if those who Judge said was going to know, already know and are making out they have to wait like the rest of us until Thursday. If this is the case, I must say they are being very cool about the answers they have.
But then again I read somewhere, someone had phoned his bank and asked for an update, only to be told no news as of yet and they reissued their offer £1800 which was turned down last year and he said see you in court!!
When I fins it I will post a copy of what he said..

[Ladidi]

As I peviously stated...This was posted by someone on a different forum on Monday morning and then it was reported by lunch time that same day that decision will be announced on Thursday


Interesting Barclays
Hi all

How interesting, i have a case on stay with Barclays for just over 3k, they offered me £1800 last year and i told them no and filed in court, case got stayed as normal

anyway i have just phoned them to see if there was any news and the guy looked at my case and said they were still waiting on the outcome but as a gesture of good will he would make the same offer again of £1800

I just think it interesting that after all this time they were still willing to make an offer?

[Sparklez30]

That is interesting and gives us a little hope Fingers crossed for Thursday then!

[alex_the_lad]

Don't want to be a wet blanket, but I thopugh that banks had undertaken to honour any offers made before the stay came into force? Did Barclays make the offer before 30th July last year?

[kev2b3]

just a question, if all goes well on thursday, would the judge be able to lift the one sided stay so that we can again start chasing after our money with the banks ,or is this all down to the fas or fos to make that ruling.

[Ladidi]

Banks are bracing themselves for losses


http://news.bbc.co.uk/1/hi/business/7362856.stm

[Colin H]

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