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    • Okay so potentially it may not even get sold on? Just the default left for 6 years then gone? but if it is sold on ill get a letter from the DCA which is the notice of assignment? Sorry what is the different between a default notice and a default cal marker? yes, i may try and work arrangements out with the OCs after the breathing space but I'll see my circumstances then thank you again for all your help and patience, I really appreciate it and apologies If i am too fast or repeating myself.
    • receiving a default NOTICE (forget simple default cal markers) does not mean it will get sold on... OC's very very rarely do court themselves.  if it does you would receive a Notice of Assignment from the debt buyer/DCA.  as for reduced payment if it remains with the OC and they issue a DN, no harm in trying but lets get all your ducks inline first. dx  
    • okay thanks do you know how long it will take for it to get to the DCA or could the OC try and issue a CCJ? even though it's unlikely also for example would the OC agree to a reduction and a small payment over a super lengthy period of time if agreed? Rather than go through chasing apologies again for all the questions, just trying to understand all the possible scenarios.  
    • Currently - "the maximum daily price at 100p / kWh for electricity and 30p / kWh for gas – keep in mind that's a lot higher than the Ofgem Energy Price Cap, so if you can't afford prices to increase further, you're probably better off sticking with a protected tariff such as Flexible Octopus." Octopus Tracker is a product of our labs, available now to customers through our beta programme. Octopus Tracker is a beta product. Some things may not work the first time, and installations and processes may take longer than we'd like. Third party tech like In-home Displays won't always work, and on occasion data issues with smart meters can take significant time to fix or prevent things from working at all.   Copied straight from octopus   Feel free to shove it somewhere else    
    • depends what the fees are, typically nothing can be added once judgement is passed bar litigation costs. on document retention time limits etc at least 6yrs previous must be held though many hold complete info. as for acronyms and abbreviations ideally yes they should     
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Sambuca V RBS


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Hi everyone,

 

Ive been putting this off for ages but finally decided to get myself in gear and start going through the process of getting my claim in.

 

I have got my statements and spent many hours yesterday getting all my charges entered into both the simple and complex spread sheets, together with all the other details.

 

I have been looking around the site and got the next letter to send in. A couple of questions im hoping someone can answer. Id bet my left leg the answers are on here somewhere. I have limited time i can spend on the net though and have not found them yet.

 

Initially do you only send in the letter stating only the total charges or do you go straight in with one of the spread sheets including all interest along with letter 2?

 

What is the difference with the simple and complex spread sheets, ie does it matter which you send in first?

 

If you use the complex sheet what figures do you extract to get your total. Is it the charges with interest, plus overdaft interest, plus interest on overdraft interest?

 

Im sorry if some of these seem stupid questions, if anyone can answer or even just post a link to the correct section of this site i would be very greatful.

 

Well here we go and fingers crossed

 

Thanks in advance

 

Sambuca

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Hiya Sambuca. :)

 

The simple spread sheet is fine to use. You don't include the interest until you file at court.

 

So send the prelim letter with your SOC, wait 14 days, then send the lba with your SOC, then file at court with the added interest.

 

If you have any questions along the way, just ask. There is always some one around to help you. ;)

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Please don't forget this site is run on DONATIONS If this site has helped in any way, then please give a little back. ;-)

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No problem. :D

HOW TO...DUMMIES GUIDE TO CAG...Read here

STEP BY STEP GUIDE...Read here

F&Q's... Read here

EVERYTHING YOU NEED THE A~Z GUIDE...Read here

 

Go to our Cag Toolbar Download page here

 

Please don't forget this site is run on DONATIONS If this site has helped in any way, then please give a little back. ;-)

Any opinions are without prejudice & without liability. All I know has come from this site. If you are unsure, please seek professional advice. .

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  • 3 weeks later...

Hello again.

 

I have had a letter back from RBS and need some advice. The letter states that the bank is involved in the test case with the OFT and the FSA has agreed to suspend the normal timetable for dealing with complaints. They say as part of this agreement with the FSA they are obliged to review my account to see if i am experiencing finantial difficulty. They have sent me a "Customer Finantial Statement Form".

 

I believe i have to return this so they can decide if my case is a hardship case?

 

They say if it is a hardship case then they will take the case forward. But this may involve measures such as, opening a new account, cancelling non essential DDs, returning and cancellation of my cards and cheque books, income diverted to new account and a mutually agreed standing order set up from new account to old account to clear any debt on the existing account.

 

The financial statement asks me to provide details about my property, other assets, employment including employer, income details, expenditure details and all other debts and credit outstanding else where.

 

Is this normal to recieve this. Do i fill this in and return it or do i now just send my LBA?

 

Has anyone else had one of these and returned it, if so what happened?

 

Thanks everyone, im hoping i get some advice soon

 

 

Sambuca

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  • 2 weeks later...
  • 1 year later...

Hi all,

 

I followed the process through intitially and then due to various reasons and lack of time i didnt get to filing with the court. So RBS kept my case on hold and have now wrote to me to say sorry mate but you lost.

 

They have stated that if i dont respond withing 8 weeks then they consider the matter closed. I have a few weeks left and want to put a letter together to say i dont accept that it is closed as the matter is still ongoing.

 

Because i didnt originally file under reg 6, does that mean i can go straight in with reg 5.

 

Also.... is there any argument against the charges... which they have admitted fund free banking, when you have a type of account that you are paying for. ie royalties gold account. Your charges ae being used to fund free banking yet you dont even use free banking.

 

The banks always stated that the charges coved the admin fees. Now they admit that they make a profit and justify it by saying it keps banking free. So if for many years like myself you have paid for a gold account, then a royalties gold account you are not using the service that they say you have been paying for.

 

So in my case... and many others we were made to accept the charges thinking that they were justified by costs. Now we are told effectively that they now are justified by the admin cost and to fund free banking. Yet i can show that i have been paying for my banking service for many years. In fact, the whole time i was accumalating the charges in my claim.

 

Any thoughts or direction on this would be appreciated.

 

 

Thanks

 

 

Sambuca

 

Posted here initially

 

http://www.consumeractiongroup.co.uk/forum/royal-bank-scotland/250046-can-you-file-directly.html#post2804187

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We can help you but you will need to hunt around and get correspondence or T&Cs or court documents such as defences in which they claim that theri charges are fair, reasonable, transparent, or that they reflect their admin expenses etc.

 

If you can get any of that, please let us know and we can go forward.

 

By the way, if it helps, I am certain that this stuff exists. It needs to be for the period during which you held your account.

Read my articles on the CAG front page

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