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 all
I have had a payment arrangment with Ge Money to pay of mortgage arrears the arrangment came to an end last month and I will go back to normal contratual monthly payment at variable rate . Yesterday i received 4 separate default notices from GE stating that I had incurred a legal fees of £677, £88, £15, £247= £1027 . I went to my local debt advice agency , and the adviser rang Ge as I wanted to clarify the total I owed and if I could make an arrangement to pay the charges off and ask if they would consider stopping the interest if I did this . They stated they would not stop the interest and the default charges and interest go into a separate sub account ? which by the way has the same loan reference as my mortage acct , they also came back with a total figure of £2088 they say I owe !! they said I can ring up and pay towards the fees and tell Ge adviser Im paying off the sub acct ...... but if I do this how can I can guarantee the money I pay is going to pay off the charges and interest and not my mortgage as its the same reference. If I had not queried these fees , I would have been none the wiser , they say they are going to send me out a statement of my acct . My adviser also quoted the recent Gmac case , but they didnt seem bothered .
Im thinking of making an offical complaint to Ge money and I realise I will probably have to follow it up with fos complaint . I am worried that they may take further action regarding the default charges. Any advice would be greatly appreciated
Ge Money Default Charges !!!!
arrears the arrangment came to an end last month and I will go back to normal contratual monthly payment at variable rate . Yesterday i received 4 separate default notices from GE stating that I had incurred a legal fees of £677, £88, £15, £247= £1027 . I went to my local debt advice agency , and the adviser rang Ge as I wanted to clarify the total I owed and if I could make an arrangement to pay the charges off and ask if they would consider stopping the interest
but if I do this how can I can guarantee the money I pay is going to pay off the charges and interest and not my mortgage
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