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.
After my boyfriend successfully claimed back almost £3000 from A&L, I thought I'd have a crack at it myself. I am going after the A&L for £1860.58, not including 8% interest .
I have read the FAQ's and feel I have a full grasp of what I am about to set out doing, just have a couple of questions that I couldn't find the answers to in the FAQ or in any recent posts from other people.
It says that you should only claim for the 8% interest when you take your claim to court. Can anyone tell me why you should wait till then? I visit Martins Money Expert site a lot and recently he has expressed the opinion that if you want to include the 8% interest in your initial letters to your bank, that you should do so. Is there a legal reason why you cannot request the 8% interest from your bank before you go to court?
Also, along the same lines, I have read that some people are claiming interest based on their banks own interest charges i.e 15.9% etc. Is there any precedent for this? Is there anyone you know of who has successfully claimed over 8% interest, either before or after taking the claim to court?
I am guessing that the answers to these questions will be mostly peoples personal opinions of how to go about things, but I would be interested to know what the general consensus is.
Thanks in advance for your answers and I'll try to keep this thread up-to-date on my progress.
Best wishes
Delfi xx
P.S If these questions have been asked before on another thread, I apologise, I did look. If you could point me towards those threads I would be grateful.
I visit Martins Money Expert site a lot and recently he has expressed the opinion that if you want to include the 8% interest in your initial letters to your bank, that you should do so.
This is a little bit of mis-information. The 8% interest which is claimed under S.69 is granted at the Judge's discretion and is not a right. So you should not add it until the county court stage.
The claims for higher interest rates are something fairly new and I don't think it's cut and dried but If you do a site search for contractual interest, you'll find some threads devoted to the subject.
Good luck with your claim.
Regards, Rooster.
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Delfi Vs Alliance & Leicester
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