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7 or 14 Days?


oblong21
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Can anyone advise on whether 7 days warning in an initial letter is ok?

 

I know it is suggested 14 but want to clarify this - ie if i send 7 days notice and follow it up on the day with a lodged claim, could this be percieved by a court as being overly aggressive and not allowing adequate response time for a bank?

 

Many thanks!

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Possibly - in most banks T&C's they state that to forclose an OD they would give 14 days notice.

 

I suppose it's only fair to do the same.

 

 

Only fair, hmmm, has anyone actually gone ahead with 7 days? - i want to get the ball rolling quickly and was going to stick in a 7 day letter but would you advise against this?

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I would have gone ahead with the 7 day threat - if they hadn't returned the cash to me on the 4th day!

 

 

still not clear - i have recieved all of my statements and will be draughting up my letter tonight - would you recommend a 14 day notice or is 7 sufficient ?

 

Cheers Dave.

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14 days seems more reasonable.

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  • 13 years later...

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