Serious Debt Problem, Help Please.

[Seahorse]

I concur with Taff's post. The Scottish system does leave us a bit disadvantaged, but as long as you accept that the most you are likely to get back is your charges going back 5 years, you'll be fine. Ditto if your amount keeps you out of Ordinary Cause. (Although it sounds to me like you may well be over that limit.)

 

I'm the guy Taff mentions, but the chances of the 30K are now hopelessly lost, so I'm happy to take the chages as mentioned. (Just had an offer of £2.2K on one account). Reason being, I'd added on contractual interest going back nearly 10 years, and can't find a solicitor who is prepared to argue the merits of this in court. I've moved this up to the Financial ombudsman, but barring a miracle, I think they will also agree that I was chancing my arm too much.

 

Having said that, I still have one more account to be settled as part of my claim, so I am still waiting to see what the FOS say.

 

I'd recommend approaching the FOS 8 weeks after your prelim, and before taking court action if your claim IS over £1500. However, at the 4 week point, I'd start badgering whoever is dealing with your claim by email. I think you'll be surprised. RBS appear to be making offers to Scottish claimants at, or fairly close to the 5 year charges amount as a matter of course now. It might take them a while, but it is happening. Encouraging news perhaps if like me, you were dreading having to get a solicitor to fight your corner in court.

[Seahorse]

That's encouraging news. I know it seems very daunting to take the first step, but as I'm sure you've realised as you've read more about the way everyone else has been tackling their claims, there really isn't anything too hard about it. And I'm sure your feelings of guilt that cropped up as you thought you shouldn't really be doing it because it was all your fault, have rapidly given way to thoughts of How Dare They!!!

 

Not everyone likes to keep a thread going on their progress, but I think that the whole purpose of this forum is to let everyone know your experiences, so that they are better armed for the fight, and it also gives folks opportunity to offer their own advice and encouragement when things seem a little bit like you're on your own.

 

So we'd love for you to keep us all up to date on your progress. Taff especially seems to have become a bit of an RBS agony aunt, so I'd encourage you to check out his threads and posts where you can, and certainly listen to his sage advice.