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.
Just recieved an offer of Full and final settlement to the tune of £3552 which is fantastic news. (and alot easier than I though it would be)
They are going to pay it into my account which is fine but does anyone know if they will cancel my overdraft with them? I wanted to use the money to pay off a credit card my wife has which is subject to massive interest rates so I could do with this clarifying.
Also a quick not to everyone who has helped me - Thanks a million I couldn't have done it without you.
And I will be donating to this site once my settlement comes through.
Nathal, be careful in what you advise: If a claimant hasn't specified in their POC HOW they wanted the money refunded, and there is an outstanding debt (which is what an overdraft is, let's not forget), the bank has every right the refund against the debt. The only exception I can think of is in case of a bankrupt, where it should go in the communal pot to be shared amongst creditors. ("should" beign the operative word here )
Apologies to people who I was in the process of helping, I may be gone some time.
Recieved offer of full settlement - what next?
settlement to the tune of £3552 which is fantastic news. (and alot easier than I though it would be)
with them? I wanted to use the money to pay off a credit card my wife has which is subject to massive interest rates so I could do with this clarifying.
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Re: Recieved offer of full settlement - what next?
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