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  • rags2riches_2
    rags2riches_2 Posts: 119 Forumite
    Would being on a DMP class you as being in financial hardship?

    I'm on a DMP so can I still proceed to reclaim as a way of reducing my overall debt?

    Also can someone confirm whether it is still ok to claim charges from Credit Card companies, like Barclaycard and MBNA, or are they classed as 'banks'

    Also what about banks credit cards like I have a NatWest credit card with loads of charges to reclaim???

    Thanks
  • borgbaiter
    borgbaiter Posts: 600 Forumite
    rags2riches wrote: »
    Would being on a DMP class you as being in financial hardship?

    I'm on a DMP so can I still proceed to reclaim as a way of reducing my overall debt?

    Also can someone confirm whether it is still ok to claim charges from Credit Card companies, like Barclaycard and MBNA, or are they classed as 'banks'

    Thanks

    credit card claims continue and arnt covered by this
    claimed/settled - Natwest £2,535/£2,535, HSBC visa £80/£80, MBNA £1,258/£1,258, capital one £282/£282, tesco visa £515/£515, HSBC visa £140/£140. HSBC £1,450 MCOL Stayed for OFT case. Chelsea Mortgage charges & cashback £5000/£672. complaints with banks pending OFT Halifax £30, A&L £35. TOTALS £11,325/£5482
  • Wiggynut
    Wiggynut Posts: 1,039 Forumite
    500 Posts
    borgbaiter wrote: »
    credit card claims continue and arnt covered by this


    What :eek: really?????
    I have the date for monument credit card - 6th Sept - will this continue then or ??? but will credit cards catch up with the banks in a week or so... I can't believe they have to wait until the banks have this test case.. they will want one too I should think!

    also started mycol for Capital One ont the 13th July.. so hoping I would get a cheque around the 8th August (my birthday on the 11th! :D )

    Does this test case not affect these... can someone write me a guarantee please.. signed.. I will sue you if you are wrong :D:D:D:p
    Light bulb moment April 07: [strike]£3,655 [/strike] Oct 07: [strike]£2,220[/strike] now 0 - 3 years of Uni debt to be added at a later date :o:D
    now at Uni as a Mature student -update: now has a First Class BA!
  • borgbaiter
    borgbaiter Posts: 600 Forumite
    Wiggynut wrote: »
    What :eek: really?????
    I have the date for monument credit card - 6th Sept - will this continue then or ??? but will credit cards catch up with the banks in a week or so... I can't believe they have to wait until the banks have this test case.. they will want one too I should think!

    also started mycol for Capital One ont the 13th July.. so hoping I would get a cheque around the 8th August (my birthday on the 11th! :D )

    Does this test case not affect these... can someone write me a guarantee please.. signed.. I will sue you if you are wrong :D:D:D:p


    credit cards have already been sort of dealt with by office of fair trading but not in this way. they said they would only think a charge of more than £12 is definately unfair. nothing really resolved so your still safe in the court system and wont be put on hold unless something new changes
    claimed/settled - Natwest £2,535/£2,535, HSBC visa £80/£80, MBNA £1,258/£1,258, capital one £282/£282, tesco visa £515/£515, HSBC visa £140/£140. HSBC £1,450 MCOL Stayed for OFT case. Chelsea Mortgage charges & cashback £5000/£672. complaints with banks pending OFT Halifax £30, A&L £35. TOTALS £11,325/£5482
  • bigspender0_11
    bigspender0_11 Posts: 4 Newbie
    I have recently got a company to persue my Alliance & Leicester fees.Is it one of the banks involved or can this case continue?I see that ther name is not on the list. I am a bit concerned now as I have been waiting almost 2 months on statements cming back from them, possibly stall tactics?:confused:
  • Wiggynut
    Wiggynut Posts: 1,039 Forumite
    500 Posts
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    <HR style="COLOR: #660000" SIZE=1><!-- / icon and title --><!-- message -->Well it didn't take long for the 'threats' to begin.
    The OH received a phone call tonight from Cap.1 saying if he didn't accept the (measley) offer made to him then he would get nothing due to this test case going ahead.
    Just aswell we know that it doesn't apply to credit cards and this was obviously just a scare tactic - we informed him to get his facts right! ;)


    I just read this in the Capitol One thread.... so it does look like it is the same for banks and credit cards!

    </TD></TR></TBODY></TABLE>
    Light bulb moment April 07: [strike]£3,655 [/strike] Oct 07: [strike]£2,220[/strike] now 0 - 3 years of Uni debt to be added at a later date :o:D
    now at Uni as a Mature student -update: now has a First Class BA!
  • techspec
    techspec Posts: 4,464 Forumite
    Re credit cards - I just hope the courts know the difference, and don't just see a banks name and suspend the court action.
  • borgbaiter
    borgbaiter Posts: 600 Forumite
    they will try anything to save money it doesnt affect credit card claims as yet
    claimed/settled - Natwest £2,535/£2,535, HSBC visa £80/£80, MBNA £1,258/£1,258, capital one £282/£282, tesco visa £515/£515, HSBC visa £140/£140. HSBC £1,450 MCOL Stayed for OFT case. Chelsea Mortgage charges & cashback £5000/£672. complaints with banks pending OFT Halifax £30, A&L £35. TOTALS £11,325/£5482
  • 9altars
    9altars Posts: 1 Newbie
    Part of the Furniture Combo Breaker
    basser wrote: »
    A big thank you to Martin for all his help on this site:money:

    im very confused at the moment.........
    i have taken the alliance and leicester through the small claims procedure...
    they did not acknowledge or defend the claim....
    on the 23july 07 judgement was entered against the bank and i was able if i wanted to, to issue a summons for baliffs to collect the money on my behalf(if i paid another £55).
    Im not sure of my posistion at the moment ...i rang the mcol and the lady said to carry on with the process...will my case be one that will be frozen???


    I'm in a very similar sitution basser.

    I went down the MCOL route to reclaim £1200 from Lloyds TSB. They did acknowledge my claim but didn't defend it so I asked for judgment by default. This was issued on 18/07/07. I, too, was in a position to involve baliffs but was worried that if I pushed too hard too soon then LLoyds solicitors may ask for the judgment to be "set aside". I rang MCOL last week and they said Lloyds had been sent a letter telling them to pay me within 1 month and that Lloyds would have to show very strong grounds to have the judgment set aside (they couldn't just claim they had not had enough time).

    With this info I thought I may as well just hold on for the 1 month to pass.... and then I heard the news this morning about the OFT case.

    I rang MCOL this afternoon and the lady there said that as judgment had already been made in my favour then todays news won't effect me and if I wanted I could still issue a warrant for baliffs to be involved.

    Right now I am unsure what to do. If MCOL are right and it is just a case of holding on then there seems little point in involving baliffs (and a £55 charge!). On the other hand there is so much speculation about how the OFT case is going to effect everybody I am tempted to issue the warrant and hope to get my money while there is all the confusion.

    If anybody has any advice I'd love to hear it.

    Thanks for all the support so far guys!:money:
  • Wiggynut
    Wiggynut Posts: 1,039 Forumite
    500 Posts
    :D
    borgbaiter wrote: »
    credit cards have already been sort of dealt with by office of fair trading but not in this way. they said they would only think a charge of more than £12 is definately unfair. nothing really resolved so your still safe in the court system and wont be put on hold unless something new changes

    Hope so!

    Can you add your official signature please incase you are wrong :p

    Do you think that they will re-offer the £12 difference if there is a decision made that £12 is fair. I've partial accepted any offers - cap one take their ofer back even if you goto court though... I would rather have that than nothing after all this... better than a slap 'round the chops :D
    Light bulb moment April 07: [strike]£3,655 [/strike] Oct 07: [strike]£2,220[/strike] now 0 - 3 years of Uni debt to be added at a later date :o:D
    now at Uni as a Mature student -update: now has a First Class BA!
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