Business account over 19,000 in bank charges.** SETTLED IN FULL ***

[doryphor]

That is reassuring news Tracey! How long after judgment day (ho ho ho) did they send the cheque?

[cadencealex]

Great news that you are pressing on...

I cannot believe they have not replied to a letter demanding over 40 grand!

 

 

lmao

 

nor can I !!!!

 

You'd think that they would have shoved a few other replies to one side to specifically deal with this one!!

 

Surely getting 40k back off the bank would be of huge media interest?

 

Don't sign the confidentiality clauses Dolfos!!!

[fletch101]

Good luck just found your thread. Makes me feel silly worrying over my £9,000 I was suprissed when I clculated it as well

[sarahpp]

Dolfos

 

I think you can also add on your time at £9.25 per hour + postage etc for fastrack/multitrack claims (courtesy of the CAG newsletter- thanks)

[dolfos]

Dolfos

 

I think you can also add on your time at £9.25 per hour + postage etc for fastrack/multitrack claims (courtesy of the CAG newsletter- thanks)

 

How about hours you guys have spent helping me can I add that on too?:grin:

Funny have meeting with supervisor of IVA friday and was goingto say the same thing regarding time I have spent putting this together with all your help.

Just haveto wait to see what postie brings! Included article in daily mail on November 8th ref banks using court system as a delay tactic without intention to go to court.

[sarahpp]

Good stuff - should give them something to chew over at coffee break time!

[Zyyb]

Hi Dolfos,

 

I just read your whole thread, heartbreaking! Just like to say, it's admirable that you stuck by your husband, you may think it's not a big deal, but i'm sure a lot of people would have just given up and left. Anyway..

 

I'm not an expert, but have read up a lot on bank charges (with my massive claim of £584!) and it seems that when you win (which you will) you're entitled to your money anyway you want it. So ask for a cheque and deposit it wherever you want.

 

Also, i'm amazed that you haven't found a no-win, no-fee lawyer out there! you should check MoneySavingExpert.com ad-free, free to use, Consumer Revenge! he's just written an article on bank charges and if you get down to the last step, he gives a link to charities/people who are willing to help "if" you go to court.

 

Good luck, i hope you screw them to the wall!

[Guest Tracey284]

Beware of the "no win no fee" guys as a lot of them take a huge percentage of what you will eventually win or else take the interest element. I am currently helping a friend and he is offering me 10% of what he eventually ends up with. After all, the money and any interest is yours so why give it away? This website is so BRILLIANT you will get all the help an advice you will need and then you can give a donation at the end. Good Luck!

[the_final_straw]

Hi dolfos,

 

I'm right at the start of my claim with HSBC on my business account and wondered if I could pick your brains?

 

Did you include all of the "TOTAL CHARGES" on your claim?

 

Were the bulk of your charges itemised on your statement like, 'Recall DD' or 'stopped chq' ? the bulk of my charges are just lumped under "TOTAL CHARGES" !!!

 

Would'nt some of this "TOTAL CHARGES" be for writing cheques, paying standing orders and DD's, paying money into the account, turnover charges, etc. etc?

 

Are we saying these fees are unlawful? - can anyone clear that question up?

 

My turnover was nowhere near 250k pa but I've got literally thousands and thousands of pounds worth of "TOTAL CHARGES" over the 6 year period. I may be vying with you for the biggest claim! if I can clear up this "TOTAL CHARGES" question

 

My thread is here if anyone would be so good as to take a look LINK

[HSBCrusher]

I have replied in your thread TFS

[noomill060]

Final Straw- I dont want to seem horrible, but please dont hijack andy9012's help line.

 

Best start a thread for your own particular situation.

[the_final_straw]

noomill060,

 

I didnt intend to hijack dolfos' thread. It was merely a question about how the charges are broken down to see if they are similiar to my own.

 

Business account cutomers dont have as many resources to turn to as personal account cutomers.

[dolfos]

noomill060,

 

I didnt intend to hijack dolfos' thread. It was merely a question about how the charges are broken down to see if they are similiar to my own.

 

Business account cutomers dont have as many resources to turn to as personal account cutomers.

 

 

Not a problem at all hope HSBCrusher helped i see he said he answered in your thread. In my husbands case yes i have included the total charges the returned cheques and direct debits etc were listed seperately throughout the monthly statements. I have asked HSBC twice now to send me a full breakdown of their charges and as yet I am still waiting so I included the total charges the same as I included them in my personal account.

Had meeting with Supervisor of IVA today. With regards to Eversheds he has stated we are to write to them and advise them their is a dispute with the account and advise them of situation. The ball is then in their court and they can takeup the matter up with HSBC if they wish which I am sure they will seeing as in theory they have bought a potentially dud claim which HSBC are more than likely to offset against their claim in the IVA for the 22K and the remainder go into the pot.

He also advised us that if we are succesful with our claim then we can put an offer to our creditors and see where we stand with regards to trying to settle the IVA earlier. There were a lot of ifs and buts. I am however optimistic and believe we will be successful.

He also said the bank would be pretty cheesed off at this claim (no surprise their but then if they hadn't taken these unlawful charges we may have still had a business and our own home, I think they still have less to be anoyed at then we do. At least we are trying to pay as much as we can within the IVA, they on the other hand appear to have no conscience and do not even feel we are worthy of a reply)

Anyway the bank have two weeks and then court here we come.

This isn't about the money so much now as it looks like we will get mone out of this any way it is now a moral thing where every day the more I read about how these banks are bullying the hard working people who try to keep their heads above water the more I think why should they get away with it? Who made them god?

My husband and I have thought hard about it today and we are in for the ride now as we have nothing to lose thanks to good old HSBC but we will feel great satisfaction by doing this this is now almost become an obsession to me and my husband is deffinately thinking the same. Anway let the countdown begin.The supervisor also said that he will be paying the creditors a dividend shortly however as we are pursuing HSBC for an amount more than what they are claiming he will advice them he will be witholding any dividend payment until the matter is resolved( That really will go down like a ton of bricks I am sure!!! can't help but have a little smile on my face though) He advised they will probably raise an objection to this however this is as much as they can do until matter sorted.

Anyone out there with a small business who have been stung by banks I would earge to fight back. All we are doing is complaining all we want is an honest answer why is this so hard?

Will keep updating as we go!

x

[sarahpp]

Great post Dolfos. I am sure we all feel sorry about HSBC's lack of dividend (not!). I wonder whether HSBCs lack of response is just arrogance or maybe they really don't know how to respond given the size of your claim and the implications when you win.

[bottomburp]

Dolfos, I have a suggestion for you with regard to legal representation.

 

Whatever happens do not sign up for a no win no fee solicitor and be very careful indeed if you go to a solicitor - you need someone who specialises in insolvency and there are very few insolvency specialists out there. They may claim they know what they're talking about but our experience is that they don't!

 

There is a wonderful, charitable organisation called the "Bar Pro Bono Unit" which was set up to help people who don't qualify for legal aid and who can't afford legal representation. If you succeed in getting your case approved for assistance the Bar Pro Bono Unit find a barrister who specialises in the necessary area and, if possible, has chambers near you.

 

You may well qualify.

 

I have taken the following from their website.

 

" Who can get help?

You may be able to get help in your case if the following applies:

• You cannot obtain public funding (legal aid)
  
• You cannot afford to pay for the help you need, or get it elsewhere
  
• Your case must usually have legal merit
  
• Any single piece of work for which assistance is requested will not take more than 3 days

The Unit is a charity with limited resources, and can only help in some cases."

 

I realise that I'm not allowed to post the link on here but you should find it easily on Google. I just searched it and it was the first entry on the page.

 

We've been lucky enough to have help from one of these barristers and it's a truly amazing service.

[dolfos]

Dolfos, I have a suggestion for you with regard to legal representation.

 

Whatever happens do not sign up for a no win no fee solicitor and be very careful indeed if you go to a solicitor - you need someone who specialises in insolvency and there are very few insolvency specialists out there. They may claim they know what they're talking about but our experience is that they don't!

 

There is a wonderful, charitable organisation called the "Bar Pro Bono Unit" which was set up to help people who don't qualify for legal aid and who can't afford legal representation. If you succeed in getting your case approved for assistance the Bar Pro Bono Unit find a barrister who specialises in the necessary area and, if possible, has chambers near you.

 

You may well qualify.

 

I have taken the following from their website.

 

" Who can get help?

You may be able to get help in your case if the following applies:

• You cannot obtain public funding (legal aid)
  
• You cannot afford to pay for the help you need, or get it elsewhere
  
• Your case must usually have legal merit
  
• Any single piece of work for which assistance is requested will not take more than 3 days

The Unit is a charity with limited resources, and can only help in some cases."

 

I realise that I'm not allowed to post the link on here but you should find it easily on Google. I just searched it and it was the first entry on the page.

 

We've been lucky enough to have help from one of these barristers and it's a truly amazing service.

 

 

thanks for this is this the one you go through via CAB called the law works? If not this is another possibility which sounds very much the same where cases are taken on pro bono if selected and fit similar criteria as you have mentioned. Will be looking it ll up. thanks again

[dolfos]

Great post Dolfos. I am sure we all feel sorry about HSBC's lack of dividend (not!). I wonder whether HSBCs lack of response is just arrogance or maybe they really don't know how to respond given the size of your claim and the implications when you win.

 

I know I can feel the sadness all around!

I am intrigued how they will handle this and also what Eversheds opinion will be with regards to HSBC passing on the debt knowing full well what was coming.

Will send a letter to them Monday to advice of situation I'm guessing HSBC won't like that either. Somehow I don't think the 'worlds bank' will be our bank ever again!

Will post letter on here when I have written one to Eversheds. Any advice welcome as always.

[bottomburp]

thanks for this is this the one you go through via CAB called the law works? If not this is another possibility which sounds very much the same where cases are taken on pro bono if selected and fit similar criteria as you have mentioned. Will be looking it ll up. thanks again

 

No, it's nothing to do with the CAB. This takes you direct to a barrister, no solicitors are involved - and I can't tell you what a relief that is! You have to compile your dossier yourself and send it to the Bar Pro Bono Unit. The case workers then asses it and if they feel there is merit to the case they pass it to the panel who decide whether they can help you or not. Your case is very interesting and could be setting legal precedent and that is why I think that the BPBU (please excuse abreviation) would find it interesting and would support you.

 

If you decide to have a go please feel free to PM me and I'll do everything I can to help you - tell you what we sent etc.

 

I really think it is an avenue worth exploring. The barrister we have been "allocated" has been totally amazing and we wouldn't have been able to afford him or anyone of his calibre in a million years.

[dolfos]

No, it's nothing to do with the CAB. This takes you direct to a barrister, no solicitors are involved - and I can't tell you what a relief that is! You have to compile your dossier yourself and send it to the Bar Pro Bono Unit. The case workers then asses it and if they feel there is merit to the case they pass it to the panel who decide whether they can help you or not. Your case is very interesting and could be setting legal precedent and that is why I think that the BPBU (please excuse abreviation) would find it interesting and would support you.

 

If you decide to have a go please feel free to PM me and I'll do everything I can to help you - tell you what we sent etc.

 

I really think it is an avenue worth exploring. The barrister we have been "allocated" has been totally amazing and we wouldn't have been able to afford him or anyone of his calibre in a million years.

 

have had a look at website and seen the application form sounds good deffinately look into tomorrow as my head needs to digest everything thanks again

[jax1964]

Goodluck Delfos. I am claiming on my Natwest Business Account, however it is a limited company so slightly different, so far their responce has been 'terms & conditions on a business account are different from a personal account'

I can't see what difference it makes as I am not disputing the terms & conditions only the level of their penalty charges.

[dolfos]

Goodluck Delfos. I am claiming on my NatWest Business Account, however it is a limited company so slightly different, so far their responce has been 'terms & conditions on a business account are different from a personal account'

I can't see what difference it makes as I am not disputing the terms & conditions only the level of their penalty charges.

 

good for you. Your right and sounds like they have probably given you an automated letter. It apears HSBC do not feel our letters are even worth that. Still no responce from them. Have been a bit quiet on this thread i know but wanted to ensure ample time given prior to legal action. Will be getting claim put together within the next week to ensure it is filed prior to xmas!

[eerose5]

Don't forget to lodge a claim with the omnibus man. They don't belive that banks are charging so much because too few people complain. I am takinging NatWest to small claim court over our personal account and my husband is going over his business account. This web site told me that the proceedure is the same. The only problem for you is the costs as your claim is outside the scope of small claims. I am sure if you search long enough you will find the answer on this site. Also, the legal guide books sold on this site are brilliant, well worth buying as your claim is so large.

I am getting better reply's to my claim than my husband is. He was told on 3rd november to do nothing until the bank wrote to him, which they said would be withing a few days and he is still waiting!

[Tigs33]

Good god!!! I have really read it all now £25k worth of charges and interest????? They really do make me sick!!!!

 

Dolfos, it looks as if you are doing a great job, not sure whereabouts you are in the UK, but if you want ANY help with your case (it will have to be after January due to work commitments) just give me a shout and I would be happy to help, even if you need some presence in Court.

 

Good luck!!!

[swayze]

Good Luck !! Watching with intrest while i get my claim together 15k LTSB:)

 

If you manage to get a barrister from the pro bono unit you may be surprised at what you could claim for considering you have lost your home due to these sharks.

[Matheos95]

Goodluck Delfos. I am claiming on my NatWest Business Account, however it is a limited company so slightly different, so far their responce has been 'terms & conditions on a business account are different from a personal account'

I can't see what difference it makes as I am not disputing the terms & conditions only the level of their penalty charges.

 

Hi just to let you know I claimed against HSBC on a business account alot less though £2k and they paid out no problem so good luck to you both.