CCJ's, Interest Charges & Recovering Charges

Thank you all for your comments, they have been really useful. You have all raised really good points.

This debt is complicated as it comprises of an overdraft that I couldn't repay of approx. £2900 and the rest is the outstanding loan amount that I haven't repaid.

My loan agreement is (I am sure but will check) for a set amount of interest for the amount and term of the loan, and when this was included in the CCJ, the loan amount included an interest charge of in excess of £2k, so I think that as with many other loans, you pay the interest back first then the loan amount.......so I have been paying towards the interest which has left £2k and the outstanding loan amount of £16k.....this was also how it was displayed in the default notice....I will need to check all this though!

As for how long the interest will be frozen for, this has concerned me greatly as the letter only states that it is frozen and does not specifiy a period and I did wonder if they were awaiting a judgement in one of the big bank charge cases before deciding how to proceed. However, they had stated over the phone that it was frozen permanently but I will be chasing this.

As for how I managed it.....I argued that they had failed to be transparent in their information with me, their solicitors had been purposely evasive despite my attempts to gain information about my account & progress with payments on my account, I also threatened to complain about thier conduct to the FSA and about their solicitor's conduct to the Law Society. I argued that their behaviour in current climate would be condemned by a court of law and that they were supposed to be fair and transparent in their dealing to assist me in my repayment. I did complain about all the money that I had already paid in interest but they said I had to complain in writing about that if I wanted to request it back. They have done something wrong though somewhere as it took them all of five minutes to call me back and apologise (yes I said apologise!)...and I am determined to find out what so I can recoup the interest added already.

I will keep you informed....