Ds V Barclaycard Litigation In Progress*won*

[Macgirl]

Great DS!

 

Well, I haven't started my claim yet. I have been reading the site for about 3 months now, and I will be starting with the process hopefully in the next couple of weeks. I've been moving house and all my things are in boxes so I have been waiting to unpack to see if i have my old statements and that way I can skip the S.A.R. step. But I will gladly let you know when I have my own thread, I will need all the help I can get.

 

Just out of curiosity, what spreadsheet did you use? Trying to get ready as best as I can here!

[TUTTSI]

I used Vamps spreadsheets from the template library. I just changed the amount of the % accordingly. Be carefull not to change the (SUMS) as everthing just calculates once you put a date and an amount it is all on automatic!!

Good luck with your claim and if you need any help just shout.

DS

[TUTTSI]

I just looked back on this claim and it was started on 1st Jan 2007 and the chq arrived on the 31st May 2007, so it took 6 months and ordinarilly he would not have been paid untill just prior to court date which in this case is scheduled for August 2007.

DS

[Macgirl]

I used Vamps spreadsheets from the template library. I just changed the amount of the % accordingly. Be carefull not to change the (SUMS) as everthing just calculates once you put a date and an amount it is all on automatic!!

Good luck with your claim and if you need any help just shout.

DS

 

 

I'm sorry to bother you with such silly things DS, but as I told you I'm trying to prepare the best I can. I looked at the Vamps spread****s and there were more than one, and I'm quite confuse about which is the right one (not knowing the difference between compound contractual interest and just contractual interest etc.). Out of them, which is the right one?

SIMPLE VERSION - choose to claim all or no bank interest

12 Throughout claim with contractual interest

OR

13 Throughout claim with compounded contractual interest

ADVANCED VERSION - estimate bank interest charged on penalties

15 Throughout claim with contractual interest

OR

16 Throughout claim with compounded contractual interest

[jshtr3]

Hi macgirl, you really need to start a thread now. It will be better in the long run for you and those who want to help you. In anwer to your question, Simple Contractual interest calculates at the rate you eneter from the date you were charged. Compound works like this example

Charge £10

Interest £1

Interest next month paid on £11

It's how the credit cards charge you interest on money you borrow from them i.e. interest on interest!

[TUTTSI]

I'm sorry to bother you with such silly things DS, but as I told you I'm trying to prepare the best I can. I looked at the Vamps spread****s and there were more than one, and I'm quite confuse about which is the right one (not knowing the difference between compound contractual interest and just contractual interest etc.). Out of them, which is the right one?

SIMPLE VERSION - choose to claim all or no bank interest

12 Throughout claim with contractual interest

OR

13 Throughout claim with compounded contractual interest

ADVANCED VERSION - estimate bank interest charged on penalties

15 Throughout claim with contractual interest

OR

16 Throughout claim with compounded contractual interest

 

I think Vamps sheets have been updated since I started doing them, so unless you are very confident with spreadies I would stick to the simple version, but changing the interest to the contractual rate. To do compound I found it was too difficult and I was happy enough with the amount of interest on the contractual rate.

 

I think that when you come to filling in the N1 form (POC) you will have to put a lot more information. I would keep it as simple as you can as the more complex matters are the more a judge may pick up on it and challenge you.

 

It is a good idea if you do start your own thread, but I must say I will always help you where I can.

Regards

ds