Choco V Natwest

[Caz1974]

The test case started today so that lights getting a bit lighter:D

[choco]

thanx for the update babe, is there anywhere I can track the progress of it?

[Caz1974]

I've read this thread and think it might be worth following:) Click here: Oft Test Case News! - The Consumer Forums

[choco]

Ok, wait, big quote of the day: A spokesperson for the OFT claimed today that he "did not realise that the room would only hold this number of people".

LOL, purleaaase!! WOW talk about below the belt moves, they'll try anything wont they!

[choco]

OK I've just read this on the BBC website:

But if the OFT wins, this will not automatically lead to compensation being paid to customers whose claims for refunds are currently stuck in the legal system, or who may belatedly realise they are owed money.

What will happen to my case then if they win, does that mean all of this will be in vain?

[Caz1974]

Hmmmmmmm good question to which I have no idea Hang in there hunny x

[choco]

Well the latest is i had £1.57 in my savings account and they transferred that money to one of the accounts in dispute and now as my savings has no money in it, it's now closed. When I called them and complained the bloke said all my accounts are closed now anyway and they won't be getting re-opened even if i get my money back! OK it's official I have now had enough I cant take no more of this...

[Caz1974]

Awwww choco they're a right bunch of Tw**s! I had this lastyear - don't let them get you down hun:) Remember to write everything down when it happens i.e. the date they took the £1.57 because after your claim is over you can make a big complaint to the FOS because Natwest are breeching certain terms of the banking code with all this retaliatory behaviour when this account is clearly in dispute! ( all these little things will add up and if they find in your favour Natwest may be forced to pay you some compensation for all of this ).

I was in the middle of compiling my complaint when I had to have emergency work done on my house ( all my Natwest folders were put in the attic and now I can't find them:mad: ) I'm going to have a good search at the weekend because I still think they deserve a lovely big complaint from me!

[revolting peasant]

OK I've just read this on the BBC website:

But if the OFT wins, this will not automatically lead to compensation being paid to customers whose claims for refunds are currently stuck in the legal system, or who may belatedly realise they are owed money.

What will happen to my case then if they win, does that mean all of this will be in vain?

 

IF the court finds in favour of the banks then any claim currently outstanding will be dismissed. The problem is that to set legal precedent, the judgement has to be in one of the higher courts (court of appeal or the Lords) so in theory, as I understand it (and I'm happy to be corrected on this if I'm wrong) this case could go two ways.

 

The OFT case is upheld, in which case the banks would almost certainly appeal and the whole thing will drag on for years. In the event of the appeal court upholding the decision in favour of the OFT, it is likely that the court will order the repayment of all charges without claim as they have been proved to be unlawful. This however has been proven impractical, as in mis-sold endowments etc. You will probably still have to claim and will be hounded by the no win no fee merchants.

 

The other way it could go is that the court finds in favour of the banks, in which case all claims, current or percieved are dead in the water so to speak. I really don't think the OFT have got the bottle for an appeal.

[choco]

IF the court finds in favour of the banks then any claim currently outstanding will be dismissed. The problem is that to set legal precedent, the judgement has to be in one of the higher courts (court of appeal or the Lords) so in theory, as I understand it (and I'm happy to be corrected on this if I'm wrong) this case could go two ways.

 

The OFT case is upheld, in which case the banks would almost certainly appeal and the whole thing will drag on for years. In the event of the appeal court upholding the decision in favour of the OFT, it is likely that the court will order the repayment of all charges without claim as they have been proved to be unlawful. This however has been proven impractical, as in mis-sold endowments etc. You will probably still have to claim and will be hounded by the no win no fee merchants.

 

The other way it could go is that the court finds in favour of the banks, in which case all claims, current or percieved are dead in the water so to speak. I really don't think the OFT have got the bottle for an appeal.

 

This sounds crap either way for me

[choco]

Awwww choco they're a right bunch of Tw**s! I had this lastyear - don't let them get you down hun:) Remember to write everything down when it happens i.e. the date they took the £1.57 because after your claim is over you can make a big complaint to the FOS because NatWest are breeching certain terms of the banking code with all this retaliatory behaviour when this account is clearly in dispute! ( all these little things will add up and if they find in your favour Natwest may be forced to pay you some compensation for all of this ).

I was in the middle of compiling my complaint when I had to have emergency work done on my house ( all my Natwest folders were put in the attic and now I can't find them:mad: ) I'm going to have a good search at the weekend because I still think they deserve a lovely big complaint from me!

 

Well this is not going to end for now, so God knows when my claim will be over, the test case is not gonna be a simple hearing and then they come to an agreement, practical thinking dont come into this! I may as well count this as over, I should of took the measley payout, I cant help but say I knew something bad would happen

[choco]

Hi everyone

 

I'm still here - waiting.....

[Caz1974]

Hang in there sweetcheeks

[choco]

Hey guys, who knows what happened the other day when the case was heard at court???

[**Tilly**]

Hiya

 

 

If you look in this link all the update information is in there

 

 

OFT Test Case Updates and Discussion

[choco]

thanks, i keep on losing this link, the one that was posted above says its no longer available too!

[choco]

Hi all, I've just come back form a lovely holiday, I was on St Lucia for almost a month!! I felt so relaxed until I got back and saw my pile of letters waiting for me!!

What's the latest on the stayed cases then?

[choco]

Has everyone else stopped getting their monthly statements then?

[choco]

Hi

I've received a letter from natwest stating that the monthly arrangement I had with them to pay £1 a month towards my ever increasing O/D is coming to an end, now they know I'm claiming back my charges so what do I do????

[choco]

Any Ideas???

[yourbank]

How much are the charges to what you actually owe?

 

 

BTW, nice to see a blast from the past

 

nattie;)

[choco]

Hi hun, I'd like to say it's good to be back but it isnt! I wanted to be back a couple a grand richer! lol

 

Well its for the 2 accounts that are in dispute; one is £1594.45 as at the 30 Oct 2007, the other £1325.20 - same date.....

[choco]

Hi

I've received a letter from NatWest stating that the monthly arrangement I had with them to pay £1 a month towards my ever increasing O/D is coming to an end, now they know I'm claiming back my charges so what do I do????

 

ANY IDEAS PLEASE? I'LL NEED TO WRITE BACK TO THEM SOON!

[WendyB]

try writing back to them with an offr to carry on paying a pound a month and see what happens. Or you could also try to make a case for a payout on hardship under the new waiver terms.

 

Also, go for credit card charges in the meantime, these aren't vcovered under the OFT case so you can still claim them back. Some are easier than others, just depends on what credit cards you've got.

[choco]

try writing back to them with an offr to carry on paying a pound a month and see what happens. Or you could also try to make a case for a payout on hardship under the new waiver terms.

 

Also, go for credit card charges in the meantime, these aren't vcovered under the OFT case so you can still claim them back. Some are easier than others, just depends on what credit cards you've got.

 

Ok I'll do that and see what they say. In the meantime i'm gonna go for this hardshio thing and I'll also start the credit claims rolling as its not included! thanks!