I Won, I Won-----cant Quite Believe It!!!!!!!

[jonni2bad]

They will both go to the same address... however, this may be more specific

 

Capital One Bank

Legal Department

4th Floor

Loxley House

Station Street

Nottingham

NG2 3HX

[jonni2bad]

So now do I proceed with the next stage?

 

Absolutely!

[jonni2bad]

Provided that you have passed the 14 day deadline for this letter, your next stage is to take court action to recover these charges.

 

However, since you are still unsure about what you need to do, I would suggest holding off for a couple of days, and spending that time reading EVERYTHING in the FAQ section.

 

You are now on the verge of taking a large financial institution to court - one that has virtually unlimited funds and it's own legal team. Do not do so lightly, or without being fully aware of the implications of this next step, and certainly not unless you know the proceedure inside-out.

 

I cannot stress strongly enough the need to do this.

 

This reply is NOT intended to put you off - there is nothing wrong with taking legal action, and we would certainly not promote the idea of doing so if we didn't think it was the right action to take. But you must start to take control of this and not simply be directed to the next step by other users.

 

Once you are happy that you have done the above, you will know exactly how to make the next move - please post back when this is the case, and we can take things from there

 

John

[jonni2bad]

Certainly can

[jonni2bad]

2 types of interest are involved once you reach court.

 

8% on each and every charge, from the date incurred. Search for the spreadsheet - you enter the amount and date, it works it out for you.

 

8% on the overall amount, on a daily equivalent, until they pay you.

There is also a calculation for doing this in the FAQs.

[jonni2bad]

It's in the TEMPLATES LIBRARY called Open Office - Spreadsheet for interest

 

However, there is also an online version if you like.

 

With regards payment, I would suggest that since you are claiming for a substantial amount, you write to them and let them know that you consider the amount owed to be 'in dispute' and that you are currently commencing legal action to recover the funds. You are not prepared to make further payments until a court has decided the outcome.

 

So there.

[jonni2bad]

Yes, sit tight.

 

They will either submit a defence and there may be need to fill in an Allocation Questionnaire, or they will offer to settle, or finally they will do nothing and you win by default.

[jonni2bad]

What date does the claim show as being served on the bank?

 

They have 14 days from then to Acknowledge...

[jonni2bad]

Congratulations Gilly