Starting a natwest claim

ajberry

Hi all.

Having been struggling for months and months, I have decided to get my house in order and start to sort everything out. Better late than never eh

So, I am putting in a claim. I am not bothering with interest, and have worked out my claim to be £2901.

Now, my aim is to prove that I am in hardship. I am planning a 2 fold argument. 1 - I have incurred over £500 charges in the last 12 months. 2 - I have 2 debt collection agencies after me(not for great amounts but still...).

I was thinking of including some correspondance from one of the agencies, to try and highlight my hardship. Would this be advisable? Any other thoughts and tips would be very much appreciated.

I will, of course, keep everyone updated as I go along

Oh, and sorry for putting it in the other thread before, thought I was startign a new thread...whoops.

Orford

FH claims are only likely to succeed if your monthly expenditure is greater than your income and you have priority debt arrears such as:
Reduced income/loss of job
Level of priority debt arrears against free income available
Utility arrears such as gas/electricity threat of being cut off
Mortgage arrears
Council Tax arrears
Credit card debts
Repossession
Serious health issues both physically and mentally
Threat of possible suicide
No money for food or rent

Not bothering with claiming interest, doesn't make sense, particularly as you say you are in FH.

ajberry

Orford wrote: »

FH claims are only likely to succeed if your monthly expenditure is greater than your income and you have priority debt arrears such as:
Reduced income/loss of job
Level of priority debt arrears against free income available
Utility arrears such as gas/electricity threat of being cut off
Mortgage arrears
Council Tax arrears
Credit card debts
Repossession
Serious health issues both physically and mentally
Threat of possible suicide
No money for food or rent

Not bothering with claiming interest, doesn't make sense, particularly as you say you are in FH.

With the interest thing, it's a good point. I probably should take the time to go through and calculate the interest on each charge, although maybe it's just my way of thinking that I should have paid something for what is, ultimately, my bad money handling. The amount for the charges would relieve alot of my problems and make the rest manageable. It is something I will look into however.

I have got C/C repayments, and my Electricity bill are currently 1 month in arrears, but plans are in place for repayment. Should I include correspondance from my suppliers regardign the arrears?

Appreciate the comments

Orford

Should I include correspondance from my suppliers regardign the arrears?

Yes include any proof of debts, although from what you've said I'd be surprised if they award a payment under FH

ajberry

Orford wrote: »

Yes include any proof of debts, although from what you've said I'd be surprised if they award a payment under FH

Ok, thanks for the input, lets hope for the best

Although, what about the FSA's statement saying if over £500 of charges has been charged within the last 12 months is classed as hardship. Do the banks not adhere to this point?

Orford

ajberry wrote: »

Although, what about the FSA's statement saying if over £500 of charges has been charged within the last 12 months is classed as hardship. Do the banks not adhere to this point?

In a word, no. All the waiver says is:

2. In making an assessment of financial difficulty the firm will take into account:

vii.
repeatedly exceeding a credit card or overdraft limit without agreement (and, in this regard, where a complainant has incurred over £500 in unauthorised overdraft charges in the previous 12 months, that is to be treated as indicative of financial difficulty).

natweststaffmember

Orford wrote: »

In a word, no. All the waiver says is:

The waiver as orford has quoted is badly worded imho because the £500.00 is merely an indication, it's not necessarily financial hardship.