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've had a letter in response to my S.A.R. offering £600 as a goodwill payment against approx £1500. I spoke to them on the phone and said that we would accept as partial settlement and could they work out the compound interest for me. Was told to put it in writing and request compound interest calculation so adapted prelim going off today. However I wanted to work out the compount interest my self so that I have figures in my brain. I used Vampires No. 13 sheet (for compound interest with no balance) and thought I had figured it out ok but (this may sound like I am really thick to someone who knows about spreadsheets) I got down to the end of the page (line 54 I think) and had more charges to input, but I couldnt get a sheet 2 to come up in the same formula. Any help please would be greatly appreciated as I really would like a final figure. Also what is contractual interest and do you add this before or after compound interest. I'm afraid its getting me very confused!
GE MONEY - DEBENHAMS CARD
Settled in full after prelim
MBNA
Settled after LBA
however mistake made by me on contractual interest so going after the rest now
SETTLED IN FULL JAN 2007
MINT
Offer after prelim rejected
Settled in full after LBA
to go:
Barclays Bus Ac - to mcol
Barclays CC - to mcol
Nat West (over 6 years) no action taken yet
Creation Financial - awaiting statements since Dec
Goldfish - offer after prelim rejected
and some more
There are only 54 lines on this particular spreadsheet
GE MONEY - DEBENHAMS CARD
Settled in full after prelim
MBNA
Settled after LBA
however mistake made by me on contractual interest so going after the rest now
SETTLED IN FULL JAN 2007
MINT
Offer after prelim rejected
Settled in full after LBA
to go:
Barclays Bus Ac - to mcol
Barclays CC - to mcol
Nat West (over 6 years) no action taken yet
Creation Financial - awaiting statements since Dec
Goldfish - offer after prelim rejected
and some more
a bit confused
against approx £1500. I spoke to them on the phone and said that we would accept as partial settlement and could they work out the compound interest
for me. Was told to put it in writing and request compound interest calculation so adapted prelim going off today. However I wanted to work out the compount interest my self so that I have figures in my brain. I used Vampires No. 13 sheet (for compound interest with no balance) and thought I had figured it out ok but (this may sound like I am really thick to someone who knows about spreadsheets) I got down to the end of the page (line 54 I think) and had more charges to input, but I couldnt get a sheet 2 to come up in the same formula. Any help please would be greatly appreciated as I really would like a final figure. Also what is contractual interest and do you add this before or after compound interest. I'm afraid its getting me very confused!
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