How do I proceed??

[skintboy69]

Greetings Dudes. I wonder if some kind and knowledgable soul can give me some advise.

I started a claim against Cap One mid 2007, sent all the usual letters and received the usual pitiful 'gesture of goodwill'. This I declined and sent my LBA to which I received no reply. Unfortunately, at the time I was unable to find the necessary cash to meet the court costs and that's where it has been left since about October '07.

The question is (or rather the questions are):

Do I start again from scratch or just send a new LBA?

Do I re-calculate my Schedule of Charges up to the present?

Should I settle for 8% or go for the throat?

I no longer owe them anything at all. Does that make a difference?

They filed a default against me some years ago and I would like to have it removed. Should I do that at the same time as my claim or is it better to deal with it as a seperate issue?

Keep the faith.

T.

[steven4064]

Hi T

Repliesv in red

Originally Posted by skintboy69

Greetings Dudes. I wonder if some kind and knowledgable soul can give me some advise.

I started a claim against Cap One mid 2007, sent all the usual letters and received the usual pitiful 'gesture of goodwill'. This I declined and sent my LBA to which I received no reply. Unfortunately, at the time I was unable to find the necessary cash to meet the court costs and that's where it has been left since about October '07.

The question is (or rather the questions are):

Do I start again from scratch or just send a new LBA? Just file in court - they have had plenty of warning

Do I re-calculate my Schedule of Charges up to the present? Yes

Should I settle for 8% or go for the throat? Up to you - just make sure you understand the issues (see my INterest Tutorial if you have any doubts)

I no longer owe them anything at all. Does that make a difference? No

They filed a default against me some years ago and I would like to have it removed. Should I do that at the same time as my claim or is it better to deal with it as a seperate issue? You must do it at the same timne to stand any chance of success

Keep the faith.

T.

[skintboy69]

Hi Steven. Thanks for the advise. I'll drag out the old paperwork and wind up the pocket calculator again.

Just one more question: is the 8% simple or compound??

Apologies for being thick as s*#t

Keep the faith.
T.

[steven4064]

SB

THe 8% is simple interest (section 69 of the county Courts Act 1984)

[kibby]

Hi Skintboy

I was in the same position as you. I filed all the papers last year LBA etc and only got round to lodging my claim against capital one in October this year.

I'll keep u posted how it goes.

[skintboy69]

Thanks for the encouragement Kibby. Keep me posted.

I think Barclaycard are going to foot the bill for this one.

Keep the faith.
T.