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Allowed claimed interest on Stat Demand


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Hi Guys, I have satisfied a Stat Demand it in full. The solicitor has now informed me that he wants extra 18 days interest.

 

In the Notes for creditor on the Stat Demand it says (4th bullet point)

 

"In either case the amount claimed must be limited to that which has accrued due at the date of the demand"

 

My question is this.

 

Does anyone know if interest still accrues up until actual payment (on a daily basis) or as suggested in the notes for creditor, does interest stop once a Stat demad is issued.

 

i.e if I've paid the amount of the Stat Demand in full within the time limits and I have discharged the debt including interest in full? is that the end of it and can I tell them to bugger off for the extra interest.

Edited by orange1234
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