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Post OFT case: Strategies for Business claims (discussion thread)


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YOU CANT PUT YOUR FINGER ON IT!

 

There is a good reason why banks such as NatWest are falling over to settle Business claims whilst Lloyds solicitors have withdrawn offers based on decissions pending within the test case.

 

WANT TO KNOW WHAT IT IS ?

 

Me too

 

any Ideas?

'I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around the banks will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered.'

Thomas Jefferson 1802

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I have stayed business claim should i apply to have stay lifted or wait ? Regards Gaz

 

Which bank is it Gaz,how much is the claim worth,and what dates are you claiming from -to ?

Have a happy and prosperous 2013 by avoiiding Payday loans. If you are sent a private message directing you for advice or support with your issues to another website,this is your choice.Before you decide,consider the users here who have already offered help and support.

Advice offered by Martin3030 is not supported by any legal training or qualification.Members are advised to use the services of fully insured legal professionals when needed.

 

 

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YOU CANT PUT YOUR FINGER ON IT!

 

There is a good reason why banks such as NatWest are falling over to settle Business claims whilst Lloyds solicitors have withdrawn offers based on decissions pending within the test case.

 

WANT TO KNOW WHAT IT IS ?

 

Me too

 

any Ideas?

 

Sprouty-can you link to the the claims that NW have settled recently ?

Have a happy and prosperous 2013 by avoiiding Payday loans. If you are sent a private message directing you for advice or support with your issues to another website,this is your choice.Before you decide,consider the users here who have already offered help and support.

Advice offered by Martin3030 is not supported by any legal training or qualification.Members are advised to use the services of fully insured legal professionals when needed.

 

 

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  • 2 weeks later...

Come on people. give us a clue, is it worth claiming or not?

OK I GIVE IN

 

Halifax £3600 charges, won with C/I £6400

 

NatWest S.A.R-05/06/06

Bug**r all recieved 03/11/06

Prelim guesimate sent for £3000 03/11/06

Cr*p one CONNED statements 08/06 ROFLMAO

Cr*p one charges=£976

con int 34.9% £1,003.75 £1,979.75.

 

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  • 3 weeks later...

aa

09/07/09 :)Business Studies BA(Hons) 2:1:)

 

eCar Insurance overpayment - £325

Settled in full - 15/09/08

NatWest Student A/C bank charges - £260

Settled under hardship scheme - 08/06/09

Natwest Business A/C bank charges - £60

Settled in full as GOGW - 20/04/09

Santander Consumer Finance late payment fees - £60

Part settled for £48 - 01/03/08

Peugeot Finance late payment fees - £50

Settled in full before county court hearing - 01/09/09

Peugeot Finance overpayment of £247

Settled in full - 01/12/08

Valley Leisure - complaint about collections agent

£160 part refund of gym membership in compensation - 01/02/09

HFC Bank - complaint about payment deducted from my account on wrong date

GOGW £10 - 01/05/09

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kopper

 

we are working on a new approach but it is not 'ready to go' yet. We want to pilate it with a couple of banks to see their reaction (hopefully their reaction will be to pay up immediateley, but we can't bank on that).

 

It is based on an area of law we have not used before and, although we are quite sure we can bvuild a water-tight case, there are some potential risks.

 

Watch this space though (although I realise it doesn't help you a lot - sorry)

 

 

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  • 3 weeks later...

Just thinking out loud but,,,,,,, If I asked my ex business acc bank for the agreement (how?) and they failed to supply it, or it was unenforcable, could I then claim all the penalties back because they had no valid agreement which would allow them to levy said penalties? thereby getting around the common law problem?

Or is that just wishful thinking?

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  • 2 weeks later...

 

So...

 

If their not penalties for a breach of contract...

And, their not charges for a service....

 

Then that only leaves the option that they must be Liquidated Damages.

 

In which case by such laws, they must not exceed the actual cost or remuneration involved in dealing with such. Which we all contend that they do, and the Banks continued lack of disclosure only adds weight to the likelihood that this is the case.

 

I believe the judge backs up this contention when he then says:

 

"I am unable to accept that either the paid item charges, and guaranteed paid item charges, or the overdraft excess charges, are the price or remuneration, or even a part of the price or remuneration, that the customer pays," he added.PM

 

Has any further thought been given to this? The liquidated damages argument is very attractive to me as I have been charged over £5k for a mistake made on a non trading ltd company HSBC acct.

 

I think they would have a hard time suggesting that being od from one £25 charge cost them that much.

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  • 3 weeks later...
  • 5 months later...

As you can see-no further replies for 6 months.

Try reading the latest postings in the other business threads-in particular Photomans stickie.

 

http://www.consumeractiongroup.co.uk/forum/business-claims-bank-charges/68191-claiming-business-account-lets.html

Have a happy and prosperous 2013 by avoiiding Payday loans. If you are sent a private message directing you for advice or support with your issues to another website,this is your choice.Before you decide,consider the users here who have already offered help and support.

Advice offered by Martin3030 is not supported by any legal training or qualification.Members are advised to use the services of fully insured legal professionals when needed.

 

 

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