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Investigation leads to shutdown of ‘asset recovery’ company that recovered no assets READ MORE HERE: https://www.gov.uk/government/news/investigation-leads-to-shutdown-of-asset-recovery-company-that-recovered-no-assets
Shoes to seamines - 20,000 items recovered preparing for carriers’ new home READ MORE HERE: https://www.gov.uk/government/news/shoes-to-seamines-20000-items-recovered-preparing-for-carriers-new-home
Trace Lost, Dormant & Forgotten Accounts for free Up to £645m in forgotten funds in bank accounts has been returned over the past five years through a free tracing service run by the financial industry. Around 315,000 people have used My Lost Account since the scheme was launched in 2008, its operators said. And 580,000 search applications have been made, they added. Users can find lost cash sitting in dormant accounts in banks, building societies and National Savings and Investments. NS&I alone has reunited customers with more than £445m through its tracing service and My Lost Account, which is run by NS&I, British Bankers' Association and the Building Societies Association. "Even small amounts of money can help with the costs of day-to-day living, so it's important people keep a track of their savings," said NS&I's retail customer director John Prout. The BBA and BSA both had pre-existing schemes but still received 400,000 applications between them, returning £200m to customers. The BSA's head of savings Brian Morris said: "During these tough economic times every penny counts and as such, we fully understand the importance of the scheme and will do all we can to ensure as many people as possible become aware of this free and easy to use service." Unused cash in bank accounts that had been dormant for more than 15 years can be used to fund social investment under the the Dormant Bank and Building Society Accounts Act from 2011. http://www.bbc.co.uk/news/business-21553883 For bank and building society accounts, National Savings and Investments products as well as the old Post Office Savings Bank accounts and missing Premium Bonds. See mylostaccount here For missing occupational or personal pension schemes See the government's Pension Service
Just a quick thread to pass on a successful claim I have made against BSkyB, which may be of use to others in a similar position as I was. I finished my contract with BSkyB as the prices kept increasing without any explanation. Having ceased my contract I received a final payment charge, which I didn't agree with and so wrote to them saying such. Despite a number of letters, I send letters to keep a record of the paper trail, I often found I did not even receive a single reply. Then without warning I received a demand from Wescot Credit Services regarding the debt. I wrote to Wescot explaining that the debt was in dispute and give them their due they cancelled their involvement. I again wrote to BskyB who once again failed to reply but forwarded the debt to Pastdue Credit Solutions. PCS were a pain the the backside repeatedly writing demanding payment with warnings of debt collectors, Court hearings and bad credit ratings. They even asked for a copy of all the letters I had sent BSkyB. To settle this dispute I submitted a Small Claims Court claim against BskyB in which I claimed the disputed amount (just over £30), costs for unnecessary letters I was having to write both to BSkyB and the debt collectors, and the cost of the claim. I was more than willing to sit in the Court and explain my disputed charge and the reason for my costs. Just prior to the deadline date I received a telephone call from BSkyB that they would accept liability and pay the amount paid as well as cancel all debt. A cheque soon followed for just over £130. I claimed the amount they said that I owed as I was quite happy to use that part of the claim to settle the charge although this was unnecessary as they wrote the debt off. So if you think your action is fair and justified submit your own costs to the S.C. Court and invite the other party to dispute your claim.