Bank Charges Financial Hardship Disussion

Brian7_2

Hi, I have with NatWest a £2000 loan and £400 overdraft, and I had agreed to pay them £200 per month. This covered my loan at £65/m and arrears by overdraft reduction over 6 months, but I could only afford this because I live with parents. £200 is actually most of my income from incapacity benefit, and I only agreed to the above terms to avoid going bankrupt.

I recently decided however to spend all of my income on improving my health, and so I asked NatWest to go ahead and file a default. I've since received demands for either payment of the overdraft by the 8th of October or a CCJ, and either payment of £200 loan arrears by the 19th or a default.

I've calculated that at least £400 of my debt is the result of bank charges, and tbh I expect my health won't improve in the foreseeable future. I think therefore I qualify for financial hardship, but my concern is whether NatWest will still file the default and ccj while my hardship claim is in progress. Will sending a claim letter prevent either of these actions?

stevewharf

i have sent a cheque for the ten pounds for my list of charges on the 13/08/09 and have had no reply from the alliance and leicester as yet what do i do now. they have not processed the cheque yet so do i just re send the letter or call them please help im stuck
thanks steve

natweststaffmember

stevewharf wrote: »

i have sent a cheque for the ten pounds for my list of charges on the 13/08/09 and have had no reply from the alliance and leicester as yet what do i do now. they have not processed the cheque yet so do i just re send the letter or call them please help im stuck
thanks steve

Steve, where was the cheque sent and was it recorded delivery?

natweststaffmember

natwestarggh wrote: »

Hi i have recevied the usual financial statements response from natwest having filled it in i am -690 quid a month down.:eek:
Having left work to become a fulltime student is getting tough financially as well with mortgage and kids and what not,im asking for £1,900 back bank charges i dont have an overdraft and these charges are unpaid direct debits have mortgage arrears as well.
Has anyone had any joy out of natwest, i have just filled out the ombudsman form as well today,along with my response to natwest and may just chuck a copy of the ombudsmans form in as well as i dont htink ill get anywhere and may prove im serious with this claim

any ideas or further help

Tom

What stage are you at? Is it the first letter you are sending asking for the funds back? Why have you not got the student account(interest free overdraft)?

natweststaffmember

Brian7 wrote: »

Hi, I have with NatWest a £2000 loan and £400 overdraft, and I had agreed to pay them £200 per month. This covered my loan at £65/m and arrears by overdraft reduction over 6 months, but I could only afford this because I live with parents. £200 is actually most of my income from incapacity benefit, and I only agreed to the above terms to avoid going bankrupt.

I recently decided however to spend all of my income on improving my health, and so I asked NatWest to go ahead and file a default. I've since received demands for either payment of the overdraft by the 8th of October or a CCJ, and either payment of £200 loan arrears by the 19th or a default.

I've calculated that at least £400 of my debt is the result of bank charges, and tbh I expect my health won't improve in the foreseeable future. I think therefore I qualify for financial hardship, but my concern is whether NatWest will still file the default and ccj while my hardship claim is in progress. Will sending a claim letter prevent either of these actions?

Brian, I think your case is 50/50 since the debts you have are non priority ones, i.e.. the worst case scenario is a CCJ. I am assuming your income goes into a non RBS Group account so that they do not offset it.

langfor

Guys,

i was made bankrupt in April 2006 and have been discharged in April this year.

From what date can i reclaim my bank charges? April 2006 or April 2009?

Thanks

danielleybelly

I received a letter from Natwest offering me £2,258 as a result of financial hardship that was back in May i signed the form and sent it back but have not heard a thing - can anyone tell me if there is a next step to follow to enable me to get the money now

Sappoo21

Can I use my online internet statement to Claim hardship. then when I get the full list of charges from my data protection request claim for the other 4 and a bit years years.
help much appreciated.

stevewharf

natweststaffmember wrote: »

Steve, where was the cheque sent and was it recorded delivery?

i sent it to the bank head office and no it was not recorded delivery which thinking of it now i should of done

crinkle_2

HAILFAX

Amount hoped for around £1800, offered £455

I phoned Halifax about two weeks ago after reading all the info here and after 2 mins on the phone they said they would send through forms etc. I recieved nothing through the post until a letter dopped on my doorstep with an offer of £455. I called straight away to find out why they had come to this amount without even asking any questions and they said that the amount is the charges paid since the account was with the "collections department" or someting and would not budge. I was very angry they had decided this without any investigation into my financial hardship case.

Priority arrears: Mortgage = £7900 // Council Tax= £1015 // Elec/Gas= £600

Non Priority = £27000

Im due in court on 21st October for a repossesion hearing, Council Tax is with the Bailiffs and im getting threating letters from Scottish Power.

After pleading with several people on the phone to "hear my case" I thought I was making headway when they asked me to fax over the court papers, bailiff letters and budget planner. This took me a great deal of time to sort out and fax only for them to turn around and say they didnt feel my hardship case was bad enough to increase their offer but.....if after the court hearing things got worse i should contact them!!!! Get any worse!!! Are they taking the urine. If they paid that money back now I could at least show to the judge that I was making inroads on my mortgage payments but Halifax would not budge.

My overdraft is £1200 and I even said if they paid back the charges I wouldnt mind if they then cancelled my overdraft but nothing, nada, finito.

I just dont know what to do