Jump to content
  • Tweets

  • Posts

    • Interesting that analysis seem to show that the eat out to help out * didn't significantly help the industry - although it did help somewhat as a temporary patch which has largely been undone * DID seem to help the spread of covid (less surety on that) * cost the british taxpayer 500 million mainly to the benefit of higher end 'restaurants and wealthier eaters   Imagine if that money had been spent using outlets to feed hungry children ... but of course the benefit wouldn't have gone to the same sort of places - more to high street cafes etc.
    • Indeed.   I was interested in his comment that one Ireland is worth six Japans in terms of exports. It's an awful lot easier to get to.
    • mm - 5x more benefit to Japan than to the UK I couldn't find that much actual real benefit to the UK, and nothing that was effectively and practically better than the existing EU-JP deal we benefited from ... to the British public   .. seems to include the future 'possible' (aka not against the laws of physics) increases in UK 'enhanced financial access (which will certainly only be allowed where Japan benefits more from them)
    • It seems very favourable to Japan.   As for the soy sauce debacle... Who are these people running the Twitter feeds for government departments?
    • Its small beer in the scheme of things HB, and MSM will lap it up.
  • Our picks

    • Hermes lost parcel.. Read more at https://www.consumeractiongroup.co.uk/topic/422615-hermes-lost-parcel/
      • 49 replies
    • Oven repair. https://www.consumeractiongroup.co.uk/topic/427690-oven-repair/&do=findComment&comment=5073391
      • 49 replies
    • I came across this discussion recently and just wanted to give my experience of A Shade Greener that may help others regarding their boiler finance agreement.
       
      We had a 10yr  finance contract for a boiler fitted July 2015.
       
      After a summer of discontent with ASG I discovered that if you have paid HALF the agreement or more you can legally return the boiler to them at no cost to yourself. I've just returned mine the feeling is liberating.
       
      It all started mid summer during lockdown when they refused to service our boiler because we didn't have a loft ladder or flooring installed despite the fact AS installed the boiler. and had previosuly serviced it without issue for 4yrs. After consulting with an independent installer I was informed that if this was the case then ASG had breached building regulations,  this was duly reported to Gas Safe to investigate and even then ASG refused to accept blame and repeatedly said it was my problem. Anyway Gas Safe found them in breach of building regs and a compromise was reached.
       
      A month later and ASG attended to service our boiler but in the process left the boiler unusuable as it kept losing pressure not to mention they had damaged the filling loop in the process which they said was my responsibilty not theres and would charge me to repair, so generous of them! Soon after reporting the fault I got a letter stating it was time we arranged a powerflush on our heating system which they make you do after 5 years even though there's nothing in the contract that states this. Coincidence?
       
      After a few heated exchanges with ASG (pardon the pun) I decided to pull the plug and cancel our agreement.
       
      The boiler was removed and replaced by a reputable installer,  and the old boiler was returned to ASG thus ending our contract with them. What's mad is I saved in excess of £1000 in the long run and got a new boiler with a brand new 12yr warranty. 
       
      You only have to look at TrustPilot to get an idea of what this company is like.
       
        • Thanks
      • 3 replies
    • Dazza a few months ago I discovered a good friend of mine who had ten debts with cards and catalogues which he was slavishly paying off at detriment to his own family quality of life, and I mean hardship, not just absence of second holidays or flat screen TV's.
       
      I wrote to all his creditors asking for supporting documents and not one could provide any material that would allow them to enforce the debt.
       
      As a result he stopped paying and they have been unable to do anything, one even admitted it was unenforceable.
       
      If circumstances have got to the point where you are finding it unmanageable you must ask yourself why you feel the need to pay.  I guarantee you that these companies have built bad debt into their business model and no one over there is losing any sleep over your debt to them!  They will see you as a victim and cash cow and they will be reluctant to discuss final offers, only ways to keep you paying with threats of court action or seizing your assets if you have any.
       
      They are not your friends and you owe them no loyalty or moral duty, that must remain only for yourself and your family.
       
      If it was me I would send them all a CCA request.   I would bet that not one will provide the correct response and you can quite legally stop paying them until such time as they do provide a response.   Even when they do you should check back here as they mostly send dodgy photo copies or generic rubbish that has no connection with your supposed debt.
       
      The money you are paying them should, as far as you are able, be put to a savings account for yourself and as a means of paying of one of these fleecers should they ever manage to get to to the point of a successful court judgement.  After six years they will not be able to start court action and that money will then become yours.
       
      They will of course pursue you for the funds and pass your file around various departments of their business and out to third parties.
       
      Your response is that you should treat it as a hobby.  I have numerous files of correspondence each faithfully organised showing the various letters from different DCA;s , solicitors etc with a mix of threats, inducements and offers.   It is like my stamp collection and I show it to anyone who is interested!
        • Thanks
        • Like

So sorry but need advice if possible


Please note that this topic has not had any new posts for the last 2593 days.

If you are trying to post a different story then you should start your own new thread. Posting on this thread is likely to mean that you won't get the help and advice that you need.

If you are trying to post information which is relevant to the story in this thread then please flag it up to the site team and they will allow you to post.

Thank you

Recommended Posts

Yes the tribunal said 8% interest from day to day on sum awarded for the time the award remains unpaid even part of the award, if it is so then i have a favourite son, i have been working it out as best as i can, ive done up to 35days so far, i realise that my son will have to pay tax on this but i just needed to be certain that i read everything correctly, guess it is off to the court tomorrow, thank you all so much for this info, im so pleased to have joined here x

Link to post
Share on other sites
Sorry thought she'd said 8% per day. It is rather more than I've ever heard but wouldn't that be nice!

 

It would be lovely, but the award would double every 2 weeks! :)

 

The other thing is interest only starts to accrue after 42 days, so you have a 104 day calculation rather than 156 days.

Link to post
Share on other sites

i did it from the 42 days had lapsed, really double? that would save me alot of time on this calculator, thank you all once again for all your help, x

Edited by Maz1234
Link to post
Share on other sites

This calculator will help, I've already put the details in for you

 

[ATTACH]39632[/ATTACH]

 

the current end date is set as "today" (as opposed to an actual date like 26/11/2012) so it will amend each day until you input a physical date.

 

So compound interest to today the 26/11/2012 is £213.56 tomorrow will be £215.04 and so on

Edited by rdm2006
  • Haha 1

HTH (Hope This Helps) RDM2006

 

THE FORCE (OF CAG) IS WITH YOU

;)

 

We've Helped You To Claim - Now Help Us Remain

A live Site - Make a Donation

 

All advice and opinions given by people on this site are personal, and are not endorsed by Consumer Action Group or Bank Action Group. Your decisions and actions are your own, and should you be in any doubt, please seek qualified professional legal Help.

 

However, if you have found any advice you have been given helpful.

Why not show your gratitude And

Click the * on the post you found helpful.

Link to post
Share on other sites
  • 9 months later...

Hello everyone, im so lost, i thought i could work this on going thing out but im having a terrible problem now working out the interest of what to add onto the award, the time lapse is because my sons old boss has tried everything to slow things down, im unable to get the calculator up for some reason i feel so useless, and i do hope your maths is better than mine, i shall post all details here in hope someone is able to help me please,

sons awarded £6,884.00 on the 16th may 2012, i need to add interest of 8% daily to this till the full amount is paid, so now i have to add 16 months and 5 days of interest on this award, please could someone please help me to try and get the total amount so i can enforce this tomorrow please, im so sorry to ask this of you all as you have been so wonderful to me with your help, but im at my wits ends trying to work this out, thank you so much maz x

Link to post
Share on other sites

If you were owed £1,000:

  • the annual statutory interest on this would be £80 (1,000 x 0.080 = £80)
  • divide £80 by 365 to get the daily interest: 21.9p a day (80 / 365 = 0.21.9)
  • after 50 days this would be £11.50 (50 x 0.21.9 = 10.95)

So

 

6884 + 8% = 7434 - 6884 = 550

550 / 365 = 1.50

1.50 * 480 days = 720.00

 

I would like someone to check that for me though please before you submit it.

Edited by Conniff
Amended to use proper days.
Link to post
Share on other sites

Hi maz1234,

 

If you were granted interest this would normally be from the date on which your son should have been paid, not from the date of the judgment (the judgment date would usually be a bit later). Just to check, are you sure the interest runs from 16 May or might it actually run from an earlier date?

 

And is the date 16 May 2012 or 2013?

PLEASE HELP US TO KEEP THIS SITE RUNNING

EVERY POUND DONATED WILL HELP US TO KEEP HELPING OTHERS

 

Link to post
Share on other sites

The judgement date was the 16th may 2012 he was made unemployed on the 4th november 2011, the order just said award made on my sons behalf to the sum of £6, 884.00 and interest to be added @8% daily for all and some of award if unpaid till full payment is received. the judge at the time awarded my son redunacy pay and holiday pay and his wages etc that was owed to him, and thats how he came to the figure of £6,884.00. so it may be from the 4th november 2011 i did not realise this at all, x

Edited by Maz1234
Link to post
Share on other sites

Do you have the exact wording of the order to hand? Would be good if there is a basis for saying interest should run from 4 November 2011 rather than 16 May 2012.

PLEASE HELP US TO KEEP THIS SITE RUNNING

EVERY POUND DONATED WILL HELP US TO KEEP HELPING OTHERS

 

Link to post
Share on other sites

that interest of 8% daily is chargeable on the award all the time it remains unpaid,

Together with any further interest becoming due to any payment outstanding if only part of the award is paid.

The award was for unpaid wages inc overtime to my son, Holidays due, Redunancy he is entitled to, and the week in leiu he did, so i gather it would be from the 4th november 2011 till today? maz x

Edited by Maz1234
Link to post
Share on other sites

So sorry could someone confirm that with interest at the daily 8% the total amount for this award from the 4th november 2011 till todays date would be on the £6,884.00 a total of £7,904.76p? i do hope ive calculated this correct, thank you all so much maz x

Edited by Maz1234
Link to post
Share on other sites
  • Recently Browsing   0 Caggers

    No registered users viewing this page.


  • Have we helped you ...?


×
×
  • Create New...