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.
Ive received the statements from the bank and calculated around £2000 in charges. Compiled a spreadsheet, but do I add interest to it before I send it to the bank asking them to pay??
make sure you keep reading through the FAQ section and the section that explains all the steps - for the preliminary letter you do not add the 8% just list the dates and types of charges. Then on the letter before action you mention the interest will be requested when you go to court-but dont actually state the amount. the letters are in the libary section. Make sure you keep to the timetable even if you get early replies to the letters- I did get replies- some people dont.Send all letters recorded or registered and keep all the post office receipts.
My best advice is keep reading and find your way round the site so you are well prepared - read other bank threads as well.
I have just done LBA and I am about to send claim.Hope this helps - as i am still learning myself
If you are going after CCI (Compound Contractural Interest) then I think this has to be stated from the first letter (lba). Do a spreadsheet projection for interest at 8% and one at the A&L unauthorised overdraft rate 29.8%, you will be amazed at the difference!
interest charges
to it before I send it to the bank asking them to pay??
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Re: interest charges
