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.
I currently have Barclays chasing me for the debt that goes back 2002. I have made sporadic payments over this period but have not kept up with these for various reasons.
Now the original debt started at approx £1500 but with £400 in letter charges and £2500 in interest charges I wondered what my best course of action would be?
I guess my first job will be to try and claim the £22.50 for each letter back; can I do this on a store card? Which is what this is?
Also can I do anything about the disgraceful interest charges that have been applied? I signed up I guess so maybe I have to take this on the chin?
Any help and advice is offered in good faith, based solely on my own knowledge and on experience gathered from this site. I am not qualified to offer legal or financial advice, which you should seek from an expert before making any important decisions. My opinions are therefore offered without liability.
Any help and advice is offered in good faith, based solely on my own knowledge and on experience gathered from this site. I am not qualified to offer legal or financial advice, which you should seek from an expert before making any important decisions. My opinions are therefore offered without liability.
Thank you for your help and advice, I will start the process now.
Can you tell me if people have been successful in getting the interest charges on the accounts being reduced or removed? This debt was £1500 in 2004 and now £4500. I wrote to them and sent a financial commitments letter, but they refused to accept reduced payments, they now say they never had this.
If they don't have a valid Credit Agreement for the a/c, the debt is legally unenforceable so you can repay what you want at a rate you can afford. If you don't want to repay the interest that's been added, you could just repay the capital amount.
If they DO have a valid CA, you can reclaim all penalty charges, and interest on those charges at the contractual rate. This is more complicated than just reclaiming charges and the 8% Statutory Interest, but we'll deal with this later.
Any help and advice is offered in good faith, based solely on my own knowledge and on experience gathered from this site. I am not qualified to offer legal or financial advice, which you should seek from an expert before making any important decisions. My opinions are therefore offered without liability.
I have sent away the letter asking for a copy of the credit agreement to Allied international credit who are now acting for Barclays/clydesdale.
With regards to the prelim letter, I have a statement of the account in hand and I have no late fees or over limit charges, just £22.50 for letters they've sent out. Are these still unlawful? or am I wasting my time?
Any help and advice is offered in good faith, based solely on my own knowledge and on experience gathered from this site. I am not qualified to offer legal or financial advice, which you should seek from an expert before making any important decisions. My opinions are therefore offered without liability.
Barclays partner finance (formerly clydesdale financial service)
chasing me for the debt that goes back 2002. I have made sporadic payments over this period but have not kept up with these for various reasons.
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