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.
Wish I knew about this cite before I was involved with a claims advisory company who telephoned me promising me they could claim back my PPI. The asked for my bank details as they were to collect 150 pounds as upfront payment. Since I am in so much debt, I did not think about researching more about this. Anyway I gave them all the details needed. My two loans were taken with HSBC. After six months HSBC awarded me refunds with interest. I did not read the small print that said if I won, they will claim back 38.7% of the amount. Since I was still paying the loan, HSBC tookout the money owed both in loan and overdraft. The company sent me two invoices for over £3000 pounds to pay. i told them the bank took the money and what was left was very little. I am planning to pay them monthly until the money is paid. They are threatening to take legal action. Reflecting on this issue, I think I have been treated unfair. First of all the amount they have invoiced me is well beyond I can handle, and it seems as if I will have to shift my monthly payments from HSBC to them. Is there anyway I can complain? I know I signed an agreement, but did not realise the complications.
7. Thinking of a Full & Final Settlement?Read Here
my views are my own...seek legal advice if ness
NEVER EVER - act on a private message asking you to visit another website, make contact 'off list' or by telephone
- alert the siteteam IMMEDIATELY by hitting the black warning triangle on any message - Particularly if this results in a request to pay a fee to help you.
rather than hittting to be my friend - hit the star
I would stop paying these clowns straight away. Get your bank to cancel all payments to them. This is why these companies are being targetted by the authorities as they are unregulated and do not get you a refund as promised. Keep all letters from them they may come in handy later. there are a lot of rogue claims handlers who charge expensive upfront fees and fail to deliver on promises.
The Ministry of Justice has shut down 116 operations since it began regulating claims management companies in 2007, that was the latest figure i had heard. The businesses have been banned for using misleading advertising or for charging excessive fees.
The company was known as Claims Group Direct when I signed with them. Later they wrote saying they have changed their name to Claims Advisory Group . They claim to be regulated by the Ministry of Justice. Apparently the bank upheld my claim and I was awarded some money which was used to pay off my loan. Since there were two loans that I claimed PPI from, the company has sent me two invoices which I have to pay within seven days. Any outstanding amount will be accrue 6% interest per annum. Their claim fees is 37.95% of the money claimed from the bank. I have not yet responded to their two letters demanding payment, but I have to do that before the end of March. My contention is the percentage they claim charged which in my view is too high. Is there somewhere I can complain?
claim charges
. The asked for my bank details as they were to collect 150 pounds as upfront payment. Since I am in so much debt, I did not think about researching more about this. Anyway I gave them all the details needed. My two loans were taken with HSBC
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Originally Posted by ukaviator
