Kingmils Vs Morgan and Stanley

[kingmils]

Hello Everyone,

 

Just to let you know it seems that i have another easy success story.

 

However i have not received the official letter yet. Read on!!!

 

15.01.07 sent SAR

18.01.07 received letter from Karla Kenny looking into it bla bla bla.

30.01.07 called them to ask for update spoke to Paul Mulholland and said that they are dealing with complaint.

14.01.07 received letter from Colin Kelly with copies of statements and offer of difference between £20 and £12.

20.01.07 called Colin Kelly told happy to accept but will pursue remainder. He asked if I have worked out my figures and if so to give them to him for him to speak to his manager Carla Kenny. I gave him full amount of charges plus 8% plus the Contractual % Rate. He said that She will respond with outcome within 2 weeks.

Deadline 06/03/07.

6.03.07, no response so I called colin Kelly on 0800 028 8990 spoke to Trever he said letter went out on 27 feb 07, ( not received ) so I ask if he would read the letter to me and it says they now offer the full amount of charges and 8% in full final settlement. Ask for a copy to be sent to me.

 

I now wonder if i can calim C.I. as Redsonja?

 

I shall keep you informed.

 

 

Many Thanks.

 

[noomill060]

I dont think you can claim CI after you have accepted an amount in full settlement.

 

Yes you will be offered charges+8%.

 

They will regard this as a bit of a result as you will be letting them keep all the interest you paid on their unlawful charges.

 

Karla and her friends will be smirking at each other, humming "Money for Nothing" for the rest of the day.

[noomill060]

If you want them to return all the money they've unlawfully deprived you of, you need to let them know you are serious and start legal action for the full amount + court costs+ all other costs+ court interest.

 

Full amount= charges+ contractual interest.

[noomill060]

Actually, the Small Claims court guide states that 8% court interest should ONLY be claimed if there is no other rate stated in the contract.

 

In our case, this rate will be Morgan Stanley's contractual rate.

[kingmils]

hi noomill,

 

i havent actually accepted there offer. i have ask them to resend the letter as i have not received it yet.

 

In regards to the interest that i can calim wht is the daily rate theat i should be charging?

 

Please let me know!

[noomill060]

You need to work out the total amount they owe you for each individual charge from the day each individual charge was made and add up the daily rate that each charge is costing you.

 

You can do this using vamp's spreadsheets, but I used this-

 

Compound interest calculator

[kingmils]

Hello to everone,

 

Good news regarding Morgan.

 

Finally received that missing offer letter today.

 

They now agree to refund all the charges plus 8%.

 

I spoke to the same gentleman who resent the letter as I wanted the amendments to their terms of acceptance change. See Thread Redsonja.

He went away to confirm the amendments with his superviser and returned a couple of minutes later saying my amendments were all fine apart from requesting that the cheque be sent in seven days. They said no to that as they cant rely on the postal service however he said he will call me to confirm the cheque has been sent once they receive the amended terms of acceptacnce.

 

So posting off today and waiting for cheque!

 

Will keep you informed.

[noomill060]

MS will be singing:

 

"Get your money for nothing and your chicks for free"

 

for the rest of the day!

[redsonja]

Fab news Kings, well done! Go and spend it all at once!