Written by John Kruse, one of the leading experts on Bailiff Law, this consumer friendly guide is essential reading for anyone who comes into contact with a bailiff.
The book is easy to understand and clearly explains the rights
a bailiff has, and also what they cannot do when collecting debts and repossessing goods etc.
Hi... Please help I am very confused about 'overdraft charges', these were applied to my account every month as a charge for using the overdraft facility. Can I claim these back?
Also the 2 accounts I had,both were closed in 2004, if I add the 8% interest at the court stage, which I am about to start do I add it to date or to the date the account was closed?
Very
overdraft charges are difficult to calculate. If you have an authorised overdraft, part of the interest they charge you monthly is a legitimate fee for the overdraft.
You can only reclaim the portion of interest that's applied to any charges that take you over your overdraft (e.g, £1K overdraft - charge sends you over by £38 - overdraft interest applied of approx. £20 - you work out how much of the £20 is because of the £308 charge). Of course, if you didn't have an authorised overdraft - it's simple to calculate as you just reclaim the whole amount!!
If you've downloaded one of the correct interest calculation sheets for your schedule of charges - this is worked out for you.
The 8% interest is calculated up to the date you file the claim at court - and accrues at a certain amount per day dependant upon how much you're reclaiming.
Can't find what you're looking for? Please have a look at Michael Browne'sA-Z Guide
A&L Claim.... what can I claim?
charges', these were applied to my account every month as a charge for using the overdraft facility. Can I claim these back?
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