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


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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,

[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

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