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 found this sight, its absolutely great and everyone seems so helpful.
I'm thinking about going after my charges which will probably be somewhere between 2-3K. A couple of things that worry me though are the possibilties of having my accounts closed so i was looking for a bit of feedback.
If i claim against my current account which has a 2000 overdraft on it, is it likely they will close my account and demand back the 2000 to be paid back straight away?
i also have a visa card with them that i wouldnt claim against but i owe about 2000 on that too. Are they likely to close this and demand the money back on this account as well as my current account even though im not claiming on the visa account?
lastly, my mortgage is also with the BOS. i wouldnt be claiming any charges back on this either, but is it possible they could close this and demand the money back/sell house/have to remortgage with someone else etc?
I'm not in a position to pay back either my vias card, or to remortgage even if i do get a full pay out on the charges on my current account, so i would be reluctant to chase for charges if its possible they would close all accounts i have with them. closing the current account and paying off my overdraft with the payout would make it worthwhile, but not if i need to pay back visa and have hassles with the mortgage too.
As far as i am aware, they very well could withdraw the o/d, i very much doubt they will close the account tho, they didnt when i claimed and they didnt reduce/cancel my o/d with them.
As for the mortgage it is my understanding that this cannot be touched (if you are not not claiiming off it) as it is a completely different agreement to your bank account.
the CC dilema i have no idea, but i`m sure someone will come along to answer
RBS have recently sent me a letter demanding repayment of my o/d but have not closed my account. Although my circumstances are diffewrent to yours.........slightly complicated (see thread).
Just make sure u open a new account just in case
make the most of today because tomorrow you can't go back
I can't see how they can touch your CC or Mtg because they aren't related. As for the current account. It seems likely they will expect you to pay off your overdraft. They could potentially close your account. Problem is who can say? None of us know really.
You can request throughout your claim that you charges are refunded by cheque but that could well encourage them to close your account.
Just remember that have an account closed will affect your chances of opening another account so (in your case) I would ensure you have one open before going any further.
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BOS - a couple of queries
on it, is it likely they will close my account and demand back the 2000 to be paid back straight away?
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Originally Posted by Gram1
