Victory settled in Full

[e17tintin]

Gary,that was just my thoughts on my next move for my thread,the template letter i sent them was the "Rejection letter,but i will accept your offer as part payment...."...if you look at the LBA template that should clarify it.

Another useful thing that I added to the template was at the bottom of the letter I Cc:Financial Times Cc: Which Magazine. I hadnt contacted these people but it let them know i meant buisness.Goodluck!

 

Thanks to all who said "well done"....

[MARTIN3030]

I am also in correspondance with Tommy McLean and I was wondering if you could clarify something on your timeline

 

Sent rejection letter have untill 12th Sep before i launch Moneyclaim.

 

Can you tell me the wording you should use in the letter just the sentence after refusing their offer of settlement and they have until 12 days time before you launch moneyclaim. Should you say before before I launch a small claims procedure against the bank. I am just confused by the phrase launch moneyclaim.

 

Gary

 

Gary the letter to reject the offer is in the bank temps folder (see link in this post )

[MARTIN3030]

CONGRATULATIONS on your win !!

 

please take take some time to fill out the survey results (can be found at top of home page)

 

I will move this to the settled claims too !!

[e17tintin]

THANKS fella will do!

[e17tintin]

ok thanks Martin,funds are in my account on the 31st.....i plan to make a donation then ..Thankyou so much,and keep up the very imformative work! x

[e17tintin]

as you will see from my listings at the bottom of the page,i did win and they did settle in full BUT,they put it straight into my account after asking for a cheque,the amount cleared what was over my overdraft limit and it covered the 500 agreed limit.All fine and dandy but,they then sent me a letter saying that they could reclaim my overdraft back at any point which they intended to do....which they duly did..leaving me nothing from the win.Thay paid me then took it straight back the sods! Just be careful guys and goodluck!

[Giveitback]

Which is why you might want to demand a cheque.

 

Also, consider that an overdraft is probably the highest rate of interest you'll pay and getting it cleared coud be a great thing to do. (Unless you need the cash)

[mar10funster]

But you have got rid of your overdraft? So you did get something from the win. You got to clear that debt. And its better the money being used to clear a debt than possibly using it for other things instead of clearing the debt. Although I can understand if you were wishing to use it to clear another debt, say a credit card or something. But to be honest if we are going to be using the rules to our advantage to claim our cash back then the banks are going to do likewise. And an overdraft is effictively a hassle free loan that we can dip in and ouit of as and when required with the condition that the bank can ask for it back at any time. Everyone should be aware that ANY overdraft can be demanded back at ANY time. And if we don't have the cash to pay it back when required we are in trouble. That is the rules of an overdraft. I think if your asking the bank to pay you back money that they owe you (Through the unlawful charges), then it is only fair that they did likewise to you?

[breadline]

The banks have a right to pay your charges into your main account. You could insist some of it is ear marked for other things but you would have to prove thier worthiness im sure and you could present to the court an application for a cheque.

 

I have requested that it be paid over onto my mortgage as inline with any money I owe and own, my mortagage would have to be concidered before any other debit, and it also allows the money to stay with the bank group. Luckly its the exact amount that needs to be paid into my Mortgage.

 

Im hoping its a carrot to a Donkey but I will have to wait and see.

[Bookworm]

10 threads merged!