Claiming on a Business account? Lets join forces?

[andrew1]

Photoman, do you think those Limitation Act bits in your above post (section 11 of your POC's) would be appropriate for Ltd Co's too? - it looks good to me - Almost worthy of a rep point ! the principal is surely the same.

[GuidoT]

Section 11 applies to Ltds, sole traders, personal etc.

[andrew1]

Section 11 applies to Ltds, sole traders, personal etc.

 

Cheers GuidoT

[photoman]

Section 11 applies to Ltds, sole traders, personal etc.

 

Just for the sake of clarity here.

 

When Guido refers to section 11, he is refering to section 11 of the POC portion as I posted it, NOT section 11 of the Statute of Limitations act.

 

The section of the Limitations act is section 32 (1) parts b and c, as explained in the earlier post.

 

When/if you slip this into your own POC, it may no longer be section 11.

 

PM

[photoman]

Just noticed that I've recieved 5 clicks all from just today alone (and gained a blob from it)

 

 

PM

[bright3945]

So photoman should we be going for more then 6 years back then.?

[bright3945]

I have a business account and they have been charging £50 to set up an overdraft facility surely this is excessive to??

 

Anyone know if this is illegal

[Muffintop]

Does anyone have t and cs for lloyds tsb buss acc from 1993? or point me somewhere that does. skeggsy

[Muffintop]

I have a business account and they have been charging £50 to set up an overdraft facility surely this is excessive to??

 

Anyone know if this is illegal

this happened to us from lloyds called an arrangement fee and was around 100 a time. I didnt claim it back as had some advice to say they could do it with a business account.skeggsy

[bright3945]

It is excessive tho, and my bank is guess who...Lloyds.

 

Cannot cost this much tho..

[Muffintop]

think the advice came from my business account thread, skeggsy and nailard v lloyds buss account (dont know how to copy a thread0 take a look skeggsy

[photoman]

So photoman should we be going for more then 6 years back then.?

 

 

I originally saw your post on an email, and before logging onsite, in my head, I started to formulate some witty, long winded response...... but then figured it was unneccessary..... short answer will do...

 

 

Yes

[photoman]

The whole original purpose and objective of the Statute of Limitations act was designed to help to protect people from the consequences of "stale" claims.

 

It was meant to protect people from situations such as, someone (either through apathy or deliberation) sitting upon a claim before deciding to claim. Perhaps in a hope to gain more interest for example.

 

It was not designed to protect wrongdoers from "getting away" with an act, just because 6 years had elapsed.

 

This is why section 32 was included.

 

PM

[passivenomore]

Does anyone have t and cs for lloyds tsb buss acc from 1993? or point me somewhere that does. skeggsy

 

skeggsy...

 

These are from Jan 1998 (the earliest business t&c's on site so far)...

 

 

RapidShare: 1-Click Webhosting

 

I opened my account a year or two earlier. I'm not certain if they are exactly the same as my original ones, but the cover is definately the same... I remember, because I only threw them away 18 months ago, because I thought I was being a hoarder!!!!

 

Lesson learnt... I'm back to my hoarding ways again!!! :grin:

[whirlyturtle]

Hi can anyone help. Is there a maximum amount you claim for throught a business account in one go. I am trying to claim for a total of £8,000 which includes interest. Or shall I split it into two claims. Although I have all the data, I have not made claim yet. Coz I was thinking about the final outcome at the court.

So to summarise.

1. IS there a maximum amount you can take throught the small claims for a business account. Is it the same as a personal account i.e. £5,000.

2. The claim is with HSBC and I have not included any overdraft arrangment fees,overdraft interest, or stopped cheque charges.and I know that I wont be including the 8% interest charges at this stage, as I believe this comes within the court claim amount - like the costs & interest must be a maximum of £5,000 with a personal account. Please can someone help am I right here please? I'll donate to site when it comes throught. Thanks

[andrew1]

Hi can anyone help. Is there a maximum amount you claim for throught a business account in one go. I am trying to claim for a total of £8,000 which includes interest. Or shall I split it into two claims. Although I have all the data, I have not made claim yet. Coz I was thinking about the final outcome at the court.

So to summarise.

1. IS there a maximum amount you can take throught the small claims for a business account. Is it the same as a personal account i.e. £5,000.

2. The claim is with HSBC and I have not included any overdraft arrangment fees,overdraft interest, or stopped cheque charges.and I know that I wont be including the 8% interest charges at this stage, as I believe this comes within the court claim amount - like the costs & interest must be a maximum of £5,000 with a personal account. Please can someone help am I right here please? I'll donate to site when it comes throught. Thanks

 

 

Why no stopped cheque charges or overdraft interest? Are you using the calculation spreadsheets? Fees for arrangements or anything related to a service are non claimable. An arrangement fee I do not believe to be something one can class as a penalty despite the fact they seem inexcusably high at times.

[PeterAnderson]

skeggsy

To find the T&C's go to the sticky for new poc's pick your bank and scroll down they are all there

[photoman]

Hi can anyone help. Is there a maximum amount you claim for throught a business account in one go. I am trying to claim for a total of £8,000 which includes interest. Or shall I split it into two claims. Although I have all the data, I have not made claim yet. Coz I was thinking about the final outcome at the court. There is no maximum level per se to claim on Business account, however, there is a possability your claim could get allocated to a higher track. You can request in your allocation questionaire that it is heard in SCT, and there is a good chance the court would grant it. Splitting claims is strictly NOT advisable. The courts do not look favourably upon people who do this in order to steer allocation into another track.

If you did get allocated into a higher track, although in theory there is a chance that if you lost you could face costs, as an LIP, it is unlikely the court would enforce it. But, then.... your not going to lose anyhow !!

The advantage on the other hand of a higher track, is that the defendant bank is obliged to provide disclosure.... which is something they really don't want, and have done all they can to avoid so far. If allocated to such a track, it is likely you would then quickly get an out of court settlement.

So to summarise.

1. IS there a maximum amount you can take throught the small claims for a business account. Is it the same as a personal account i.e. £5,000.

2. The claim is with HSBC and I have not included any overdraft arrangment fees,overdraft interest, or stopped cheque charges.and I know that I wont be including the 8% interest charges at this stage, as I believe this comes within the court claim amount - like the costs & interest must be a maximum of £5,000 with a personal account. Please can someone help am I right here please? I'll donate to site when it comes throught. Thanks

 

Andrews comments are corect with regards what you can and can't claim.

 

PM

[Celicaman]

Why no stopped cheque charges or overdraft interest? Are you using the calculation spreadsheets? Fees for arrangements or anything related to a service are non claimable. An arrangement fee I do not believe to be something one can class as a penalty despite the fact they seem inexcusably high at times.

 

Depends if it is the official arrangement fee for setting up or upping OD limit where you do actually ask to arrange it, however HSBC now seem to use the term 'arrangement fee' for allowing you to go over your limit and not returning item, then you get a nice little letter saying we are pleased to confirm your application for an informal overdraft.......... must stop those pixies filling in those application forms, costing me a fortune LOL

You can claim these ones back.

 

Anybody else notice HSBC are still charging £25 a pop for these and other penalties, completely ignoring OFT report that they would only investigate complaints for charges over £12,,,,,,,, Just shows total disregard for what they say

 

Celicaman

[beetlejuice]

Yep still charging me whilst I'm waiting for there offer cheque to clear!! I had to ask them to increase there full offer to the new amount which they did bar £2. So just put the money in the account and stop charging me the £25.00 a pop. I will claim all further charges until they get the message.

 

BJ

 

:lol:

[Celicaman]

You and i wil be old and grey before they get the message

[andrew1]

The £12 was only on Credit Cards not bank accounts though, and in my opinion even that is still unlawful until they show what their true liquidated loss is.

[scott150663]

Hi can anyone help. Is there a maximum amount you claim for throught a business account in one go. I am trying to claim for a total of £8,000 which includes interest. Or shall I split it into two claims. Although I have all the data, I have not made claim yet. Coz I was thinking about the final outcome at the court.

So to summarise.

1. IS there a maximum amount you can take throught the small claims for a business account. Is it the same as a personal account i.e. £5,000.

2. The claim is with HSBC and I have not included any overdraft arrangment fees,overdraft interest, or stopped cheque charges.and I know that I wont be including the 8% interest charges at this stage, as I believe this comes within the court claim amount - like the costs & interest must be a maximum of £5,000 with a personal account. Please can someone help am I right here please? I'll donate to site when it comes throught. Thanks

 

 

Hi i reclaimed £36,000 successfully from nat west this year..........so if anything u will probably be put on the fast track court system which is a benefit 2 u...........

 

My claim was 1 claim and not split in any way........the downside is if you loose the case you are liable to the defendants costs very unlikely u will lose...........if you follow the cag way

 

Scott

[bright3945]

ok will do...best get going on this then.

[jezzyjet]

hi all i got charged around £450.00 for my overdraught! daylight robbery it cant cost any more to process an overdraught of say 10k or one of 40k they only hit a few buttons,is this a case of unjust enrichment? all advice appreciated jezzy