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.
Can someone please help me. I am onto the letter before action part of claiming my money and i am not sure how to work out my interest. Can someone please please tell where and how to work out this information!!
I am just starting to enter my financial data into the very useful spreadsheet I downloaded from here to apply for a refund from First Direct. However, still finding it a little taxing and want to make sure I get this right. Can I just check that this is correct?
1) Enter in charges and amount of interest charged by the bank during that particular month (entering any interest free overdrafts amounts I may have held at the time and on which interest cannot be applied)
2) This calculates the interest that is accounted for just by the unlawful bank charges.
3) From this total amount, either
i) Using their current unlawful borrowing interest rates apply this to this to the total figure and state you are claiming 'contractual interest rates'
OR
ii) Wait to see if the case goes to the county court and then apply an 8% interest from the date the case was brought forward.
Interest Spreadsheet
part of claiming my money and i am not sure how to work out my interest
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