£5000 limit and interest question

[barcingmad]

Just a quick one that I couldn't find a clear answer to in the FAQs... Please feel free to shoot me if I've missed it.

I have one claim that I am about to pursue that tallies around £4,500 before 8% allowable interest is added. After the 8% is tapped on (if it got to Court filing stage) this would carry me over the £5k threshold.

Is the £5k limit for Small Claims considered before or after the 8% interest and/or costs are added?

*hides behind flame retardant blanket*

	Are you letting your bank keep your money Are you giving away thousands of pounds?? Many people aren't claiming all of the money they are entitled to when they make their bank charges claims. You have been forced to pay unfair bank charges. Have you forgotten that your bank has charged you inteest on those charges? If you are overdrawn and the bank owes you charges - then your overdraft is made up of charges - money which you bank owes you. Yet you are paying interest to the bank - on your own money!!! Follow this link to see the discussions on this. You might even double th size of your claim.

[monkey_uk]

Your claim would include the interest and [if you're feeling lucky] the interest on the charges and the court fee, so the answer is yes, it would take you over hte 5k limit.

Consider instead, of filing for, say, the overlimit charges, and then a seperate one for, say, DD failure charges, do ya get my drift?

	Are you letting your bank keep your money Are you giving away thousands of pounds?? Many people aren't claiming all of the money they are entitled to when they make their bank charges claims. You have been forced to pay unfair bank charges. Have you forgotten that your bank has charged you inteest on those charges? If you are overdrawn and the bank owes you charges - then your overdraft is made up of charges - money which you bank owes you. Yet you are paying interest to the bank - on your own money!!! Follow this link to see the discussions on this. You might even double th size of your claim.

[BankFodder]

barcingmad

Read the forum material. It has been asked and answered many times.

[monkey_uk]

Hey BF, I'm learning mate, I'm learning!

[barcingmad]

Thought for a moment it was all going to be too easy, when I spoke to a Customer Service rep at the start of March about something else, and then asked for a complete list of charges from the last six years.

She said she'd fax the request to the relevant department while I waited, then came back on the line and asked if I wanted the refund paid into my account or by personal cheque...

Of course, no such luck, and in spite of their assurances that someone would get back to me within 48 hours, the silence has been deafening. My claim will (I believe) be well into the thousands.

Further call this afternoon quoting my ref no - which it turns out is for complaints (but I haven't complained yet?!? ) - and they tell me it is still ongoing, and that they hadn't actually got anything on record about me requesting a detailed list of charges. Hmmm, we'll see about that.

Ah well. Data Protection Act letter in the post this afternoon.

It could have been so much simpler.

[barcingmad]

Well, there's a thing. Called Customer Relations again and referred them to my request for a list of charges. Got a letter in the post saying that they were refunding some of the charges (ie. several months' worth of monthly fee) for my Additions account which I have recently cancelled.

Not what I was after, but a bonus anyway. It'll help as an advance for the impending court costs.

Data Protection Act letter sent with cheque for £10 27/03/06.

[barcingmad]

Data Protection Act letter was signed for 1st or 3rd April, and 8 April a complete set of statements arrived with my returned Data Protection Act cheque. Apparently, according to a handwritten compliments slip included with the standard letter, 'there is no charge for this service'.

Have now calculated charges - total 2,315 squids ex interest, mainly accrued during three bad two-month periods in the last four years.

Letter requesting payment going out Mon 10 April.

	Are you letting your bank keep your money Are you giving away thousands of pounds?? Many people aren't claiming all of the money they are entitled to when they make their bank charges claims. You have been forced to pay unfair bank charges. Have you forgotten that your bank has charged you inteest on those charges? If you are overdrawn and the bank owes you charges - then your overdraft is made up of charges - money which you bank owes you. Yet you are paying interest to the bank - on your own money!!! Follow this link to see the discussions on this. You might even double th size of your claim.

[barcingmad]

Finally got around to sending out my prelim letter 18 April. To date have only received the 'looking into it and will get back to you by 17 May' letter.

Now sending out LBA letter 04/05/06. Only fourteen more days to go! I feel a fight coming on.

	Small Claims kit by Lawpack Sue your bank as many times as you like with just one Small Claims kit by Lawpack. Follow this link to read the review. The kit contains everything you need: instruction manual, templates, examples, forms and a comprehensive CDRom. Applies to England and Wales

Good Luck!

Lou xx

[Ombler]

Yes Good luck indeed let us know how you got on i'm getting ever closer with my barclays deadline and not a whisper.

[barcingmad]

Well, there's a big note in my diary for today saying that it's time to file the claim...

Apart from the usual 'we are looking into your complaint' blah, with a rolling 'you will receive a reply by' date, have not heard a sausage from them.

Been briefing my other half to prepare herself - she's a legal eagle who has recently been focusing on contract case law and the unfair terms bits and pieces, as well as CCA 74 and 06. Which is kinda handy.

So. Will inform BF of claim details later on today, and will keep posting as and when I hear anything...

[barcingmad]

Got a letter in the post today, offering me 980 squids as a full and final. Shame I filed for 2,700 squids earlier this week.

That'll be a no then.

Out of interest, with the claim lodged through MCOL is there anything I should do - ie do I reject the whoole thing out of hand, or can I accept the 980 as part payment - but if I do, how will this affect my claim through the courts?

	Bank Charges You should have started your claim for your bank charges by now. Don't wait. You should send your bank a Subject Acess Request asking for all personal data they hold on you - not just statements. You should calculate all of your bank charges and related interest as far back as 1995. You should send your bank a demand for a refund giving them 7 days. You should commence your legal action adding 8% statutory interest. If you wait for the outcome of the test case, you may not be able to claim like this. you may not be able to claim interest. You may only be offered the difference between the charge and the OFT "fair charge". The repayment scheme will try to limit you to refinds from 2001 only. A repayment scheme will not deal with any bank charges related defaults on the credit register whereas in a court action you can ask for these to be removed and to be compensated for the damage caused to you and your family by them. You should also write to the bank and to the CRA and put all charges related credit entries in disupte and warn them that you will want them removed from the Register when the test case is over. Warn them also that you are likely to be seeking compensation for these wrongful data entries. Full and final settlement Have you previously accepted a partial repayment of your bank charges in full settlement? You will still be able to claim the rest of your money back after the Test case is decided. Get all your information back to 1995 and put in your claim now.

	Are you letting your bank keep your money Are you giving away thousands of pounds?? Many people aren't claiming all of the money they are entitled to when they make their bank charges claims. You have been forced to pay unfair bank charges. Have you forgotten that your bank has charged you inteest on those charges? If you are overdrawn and the bank owes you charges - then your overdraft is made up of charges - money which you bank owes you. Yet you are paying interest to the bank - on your own money!!! Follow this link to see the discussions on this. You might even double th size of your claim.

[Rooster-UK]

If it says "in full and final settlement" you can either accept the offer with the proviso that you WILL pursue the balance in court as per your timetable, the outcome of which will be the withdrawal of the offer, or just continue your action.

Good luck.

	Bank Charges You should have started your claim for your bank charges by now. Don't wait. You should send your bank a Subject Acess Request asking for all personal data they hold on you - not just statements. You should calculate all of your bank charges and related interest as far back as 1995. You should send your bank a demand for a refund giving them 7 days. You should commence your legal action adding 8% statutory interest. If you wait for the outcome of the test case, you may not be able to claim like this. you may not be able to claim interest. You may only be offered the difference between the charge and the OFT "fair charge". The repayment scheme will try to limit you to refinds from 2001 only. A repayment scheme will not deal with any bank charges related defaults on the credit register whereas in a court action you can ask for these to be removed and to be compensated for the damage caused to you and your family by them. You should also write to the bank and to the CRA and put all charges related credit entries in disupte and warn them that you will want them removed from the Register when the test case is over. Warn them also that you are likely to be seeking compensation for these wrongful data entries. Full and final settlement Have you previously accepted a partial repayment of your bank charges in full settlement? You will still be able to claim the rest of your money back after the Test case is decided. Get all your information back to 1995 and put in your claim now.

[barcingmad]

Just been talking with my other half about my case, as the acknowledgement and intend to defend has come back from Barclays. She tells me that you can object to the defendant's request to an extension to 28 days to prepare a defence - not least, in this case, because it is evident the bank has already compiled a defence.

Is it worth pushing the point to get the 28-day limit revoked, and make them stick to the 14-day timetable? Any one else tried this?

[barcingmad]

Well, our trainee solicitor at Barclays is getting very busy - and they have acknowledged the claim and intend to defend.

They've also requested the full 28 days, although I'm currently considering, on the advice of the other half, putting in an objection with the Court to get it back to 14 days.

Have politely declined the full and final part of their offer. I don't believe they will agree to it as part payment

	Bank Charges You should have started your claim for your bank charges by now. Don't wait. You should send your bank a Subject Acess Request asking for all personal data they hold on you - not just statements. You should calculate all of your bank charges and related interest as far back as 1995. You should send your bank a demand for a refund giving them 7 days. You should commence your legal action adding 8% statutory interest. If you wait for the outcome of the test case, you may not be able to claim like this. you may not be able to claim interest. You may only be offered the difference between the charge and the OFT "fair charge". The repayment scheme will try to limit you to refinds from 2001 only. A repayment scheme will not deal with any bank charges related defaults on the credit register whereas in a court action you can ask for these to be removed and to be compensated for the damage caused to you and your family by them. You should also write to the bank and to the CRA and put all charges related credit entries in disupte and warn them that you will want them removed from the Register when the test case is over. Warn them also that you are likely to be seeking compensation for these wrongful data entries. Full and final settlement Have you previously accepted a partial repayment of your bank charges in full settlement? You will still be able to claim the rest of your money back after the Test case is decided. Get all your information back to 1995 and put in your claim now.

[barracad]

bump

[natalie]

Sorry I havent heard this before, not really sure it wouldbe worth the hassle though,

Natalie

[alanfromderby]

CPR 15.5 seems very clear that any extension requires the agreement of both parties. In a case such as this I cannot see any justification for the bank being allowed extra time to prepare their defence. The case is not complicated, and the issues are clear cut.

I would give the court a ring and ask if they require you to send a letter refusing to grant them the extra time. If they do then I would base your reason on the above points.

Keep us posted.

[CrispDust]

My understanding is that 28 days from serving of notice to submission of defense is usual and automatic.
Court might possibly look unfavourably if you push to shorten time lapsed.

[alanfromderby]

The normal time for a defence to be submiitted is 28 days from date of issue of the claim. However, the defendant can ask for an extension of up to 28 days with the agreement of the claimant.