Started the ball rolling!

[michellej]

Morning all,...Thought it was the 8% you added when filing with court,..Will have a look for the thread which explains how to work that daily interest,.Not as complicated as it sounds,..Me myself are justing going to go with the 8%,..Plus the 22p per day thing will change depending on your total amount of claim,...off to find it now,..Mx

[michellej]

Well here is the best explanation which I believe to be correct;

 

The claimant seeks XXchargesXX plus interest at 8% to date of claim= XXtotalXXX plus interest daily at £1.04 pence per day until date of judgment or earlier settlement.

 

 

(The £1.04 - or whatever is calculated on the charges total only.)

You work out an annual figure of 8% on what you are claiming then divide it by 365 to give you a daily rate

 

I don't know what all this .22% is.

The way I have described it is that way I have always done it - never any complaints..

 

However, I suggest that people claim the contractual rate of interest or s.69 in the alternative

__________________

[michellej]

Thanks for clearing that up Karne,M.

[kia]

doesnt it do it automaically in the spreadsheet any way cause i hink mine is doung it as the days go along

[michellej]

Well Folk's its the LBA letter tomorrow,....Recieved a letter off Marc Winder with a how to complain leaflet,..wants another 4 weeks but does not know the outcome!

 

Any suggestions on LBA Letter,..Anyone got a killer I can use,..Thanks all Mx.

[kia]

there is a letter in the bank templates section michelle worded just right for the job hope this helps luvxxKia

[michellej]

Hi Kia,..Will have a look as this will be sent off tomorrow,..How's things going with your claim,..hope all is well Mx.

 

Kia do you have a link to the LBA,..have looked,..Thanks

[fuzzgun19]

Hi Michelle,

 

LBA is here

 

Im sending my LBA tomorrow too, for Nationwide.. Fingers crossed!!

[michellej]

Thanks Fuzzgun,..So you are sending LBA tomorrow aswell ,..hope all goes well for you best of luck M.

[michellej]

Nearly ready to send LBA,..but have one concern,..Will be sending this letter to marc winder but the address on the letter I recieved from him is a PO box(milton keynes)..I'm sure I have read not to send corrospondance to PO boxes!..Am I right in thinking this,..Or will it not matter in the final outcome?...all thoughts on this is welcome thanks Mx.

 

Sent my premlim letter to my local branch,..Is it best to do this or deal straight with mark?

[michellej]

Well never got my LBA letter off,..had to rush to work,..Any thoughts on earlier post,.Were best to send LBA?thanks Mx.

[Glenn UK]

You can write to PO boxes when corresponding with banks/cc companies.

 

Its when filing court claims that i dont think you can use PO boxes.

 

HTH

 

Glenn

[michellej]

Thanks Glenn,..Will mail it straight to Mr Winder then,..Just thought I would make sure,..Best Wishes Mx.

 

one last thing,..on the LBA letter were the banks address goes,..do I put Winders PO address or the local branch I use ,..But address it to Winder?(Will get there in the end)thanks

[kia]

i sent my LBA to Milton keynes michelle but you correct the result would have been the same youll get standard bog off letter then its court aarrgghh!!im at that bit now but funds are stopping m at present will try and get paper work sorted this week to get ball rolling so to speak on pay day of course mind you worth all this aggrevation in the end isnt it eh!!let me know how you get on xxKia

[Glenn UK]

You can do what you like in terms of where you send it, i would use the same address as i used for the prelim, the only thing thats really important is when you file your claim you have to use the right address.

 

Typically registered office or the local branch.

 

HTH

 

Glenn

[michellej]

Glenn sorry to be a pest with all the questions,..Done my LBA ,..I know where to send it now(thanks),..As part of my claim is estimated ,Could you guide me to the section were it states we can amend claim should we recieve the missing statements ,..Thanks Glenn Mx.

[kia]

all i did michelle was write in what you just wrote just slip it into the bit about ive enclosed a copy of spreadsheet it doesnt have to be perfect i dont think but don qoute me on it but i didmine like this hope it helps xxKia

[Glenn UK]

Its simple write a line in that says 'i will amend the claim when all of the neceesary information is supplied by the defendant.'

 

 

Job done.

 

Glenn

[michellej]

Hi Kia,..think I will just add my own words then,..seen a good write up on this but have looked and looked & can not find it again,.So any news with your claim whats the latest?Hope all is well Best Wishes Mx.

[kia]

elementary my dear watson lolxxKIa

[kia]

the latest michelle is ive gotta sort through spreadsheet aarrgghh!!to sort out adding on the interest that i took off the spreadsheet intially but i can do it me lazy brother does it so ill have to nag i think still a little unsure bout that dont know whether its just the 8% and no more or what any ideas cause i think the N1 form is fairly straight forward its just that dratted spreadsheet im gonna have nightmares about them when im finished with this knew i shoulda done a computer course lolxxKia

[michellej]

Well I am just behind you Kia so I have the same stresses to come,..think you just put the 8% think its easiest to do this,..then its done,..That's all I am going to do,..read you need to know your balance on each occassions to work out the overdraft interest,..Or some thing like that,..just as lost as yourself,..just think I have it sussed out then its gone,..Well sure we will get there,..keep a update as I would like to see how you get on,..Talk Soon Mxx.

[kia]

like to see how i mess it up more like lol cause i will you know cause its what i do thanks fo advice about 8% think ill go with that sounds much easier me thinks will try and do form today all i need to do i think is fill it in and copy it twice then get spreadsheet finished then just waiting on dosh coming in will keep you updated michelle xxKia

[michellej]

Kia ,..Sure we will all get it right in the end ,Just stick with the 8% seems alot easier,..Well got my LBA off & just read a thread about changing solicitors,..Very dirty trick,Well I put my thoughts in the thread about that,..All we can do now is sit and wait for the DOSH as you put it,...mmmmmmmmm sound fine to me,..Good luck talk soon Mx.

[michellej]

Well gang back again,...going to be filing my claim within the next few days,...time is up for abbey,..funny enough recieved a monthly statement today and it had 5 refunded charges equalling £175 5x£35,..Never even ask about these charges,..can not understand why their would refund 5 charges,..Well its all good as their have now given me the funds to start my claim,..(excellent)

Will be doing the claim on line any tips or advice would be more than welcome best wishes all M.