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
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OK - got my statements, worked out the contractual interest at the unauthorised borrowing rate - which has wacked up the total claimed - and am sending off my repayment request letter today.
OK - here's an update. Didn't receive a response in time so sent an lba of earlier this week. On the same day, (after I sent the LBA) I received a letter from Andy Sinden giving all the usual rubbish about being committed to transparency and satisfied that they comply with all laws and regulations.
As the account is with a collection agency, they offered to reduce the debt by about a quater of my total claim - which is more than the total debt due to contractual interest. I guess I should accept this but only as a down payment to a Full and final settlement of the fully claimed amount....?
Just been looking at the N1 form filling section in the FAQs. In the particulars, it refers to the 8% interest rate being added, but if you are claiming contractual interest, is there any tried and tested text that can be used in place of this???? - just planning ahead for when the lba deadline expires.
Probably - don't really know as I didn't claim it. I would think that a detailed poster would have it worded in their thread. Searching for "contractual" in the RBS successes forum might be a good start. Might also give you some good reading for what you should expect from your claim.
If my post has been useful, tip my scales and let me know
OK, received another letter from Mr Sinden, repeating the banks offer (which is just over what the total charges are) but saying the bank will not pay interest no matter how it has been worked out (significance of that?).
So, I'm intending to go to court claim, but am concerned about having to justify the request for interest in the particulars of the claim. Found some interesting threads in the RBoS won section, which should be a great help, but wonder if anyone has actually got to court and successfully argued a contractual compounded interest claim...? These were settled first.
Currently doing my POCs - I've been looking at a number of posted examples of these, and used Justwon's comprehensive posted POCs in detail from the RBS successes forum. Does anyone know if there is an advantage to including such a large amount of detail, specifically listing the info generally required at evidence stage for the aq, at POC stage? For example, can it speed up the chances of getting a settlement earlier as you effectively argue the bulk of the facts of the case at this relatively early stage?
Any examples of this that any one can qoute - other than Justwon, of course?
Monty vs. RBoS
at the unauthorised borrowing rate - which has wacked up the total claimed - and am sending off my repayment request letter today.
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