50% Offer

[enigma]

Hi

Barclays(The Woolwich) Have offered me 50% of what they owe me, of course I wiil not except this.

Could Anyone please advice if the following letter is ok to send at this stage.

Many Thanks


--------------------------------------------------------------------------------------

LETTER BEFORE ACTION

Dear ---------------

ACCOUNT NUMBER: xxxxxxxxx

I refer to your letter dated 8th March.
I have noted your offer and I am not prepared to except it as the full indebtedness is £XXXX.
I would draw your attention to the terms of the contract which you agreed to at the time that I opened my account. It is an implied term of that contract that you would conduct yourselves lawfully and in a manner which complies with UK law.

I am frankly shocked that you have operated my account in this way as I had always reposed confidence in your integrity and expertise as my fiduciary.

I calculate that you have taken £XXXXX plus £XXX which you have charged me in overdraft interest for the sum which you have taken. Total £XXXXX

I require repayment in full of this money. If you do not comply fully within 14 days then I shall begin a claim against you for the full amount plus interest plus my costs and without further notice.

Yours faithfully,

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	Are you letting your bank keep your money Are you giving away thousands of pounds?? Many people aren't claiming all of the money they are entitled to when they make their bank charges claims. You have been forced to pay unfair bank charges. Have you forgotten that your bank has charged you inteest on those charges? If you are overdrawn and the bank owes you charges - then your overdraft is made up of charges - money which you bank owes you. Yet you are paying interest to the bank - on your own money!!! Follow this link to see the discussions on this. You might even double th size of your claim.

[kaznelson]

Seems that Barclays are taking the route of offering 50% back.

Your letter seems OK to me.

[richardc]

I'd take 50% but tell them that you will claim the remained in the County Court

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I like that, however you find that they will probably get you to sign a compromise agreement.
Therefore, you could not carry on with your claim

[katchambers]

Hi enigma,

Your letter is great just one little pernickety thing:

Can you change except to 'accept' as that is the correct english.

Good luck with your case!

Kat x