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.
ok the penalty charges are ilegal so why no fines?
Ok I assume there is some legislators somewhere that have the power to fine banks should they breach the law.
So my question is simple, if these penalty charges are illegal or at least illegal the way banks implement them then why is noone fining the banks for keeping them in place.
Since the banks are taking noone to court to defend their case it looks like they are breaking the law but not been punished for it, the people with power to take action to end this tommorow seem to be sitting back and expecting people to take on the banks on a individual basis.
Re: ok the penalty charges are ilegal so why no fines?
This is a matter of contract not criminal law. Therefore the charges are unlawful rather than illegal.
The OFT has said that it will use its statutory powers to take action against credit card companies that make unlawful charges. They have not formally reported on bank overdraft charges etc.
Re: ok the penalty charges are ilegal so why no fines?
ok then the next question.
why only pick on credit card companies and not the banks, seems nit picking to me they both doing equally wrong things, banks probably worse since credit card holders normally have extra protection via credit laws and isnt directly affecting their bank balance.
ok the penalty charges are ilegal so why no fines?
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