Halifax credit card

bayley84

Hi. Im trying to sort out a plan with a debt management company Halifax have put me in contact with, and last week sent off my second letter to reclaim £1047. If i set something up with the CCCS and then my claim is 'hopefully' accepted, would i receive the money or would they clear the debt (approx £750) and cancel any arrangements i have??

Many thanks!
Dean

natweststaffmember

bayley84 wrote: »

Hi. Im trying to sort out a plan with a debt management company Halifax have put me in contact with, and last week sent off my second letter to reclaim £1047. If i set something up with the CCCS and then my claim is 'hopefully' accepted, would i receive the money or would they clear the debt (approx £750) and cancel any arrangements i have??

Many thanks!
Dean

Any refund of charges would be paid back to the account where they had been taken from.

bayley84

hi, ive just had letter come through from halifax offering £237, where i claimed for £1047. where do i go from here cos im not happy to settle for that amount.. cheers

Orford

bayley84 wrote: »

hi, ive just had letter come through from halifax offering £237, where i claimed for £1047. where do i go from here cos im not happy to settle for that amount.. cheers

This is just an interim payment. the FSA waiver prohibits them from attempting full and final settlements

(16)
if the firm attempts to resolve a relevant charges complaint after 27 July 2007:
(a)
the firm must not seek agreement from the complainant that the resolution is in full and final settlement of the matter;
(b)
in relation to such complaints, if the outcome of the test case produces a result that is more favourable to the complainant, the firm must take all reasonable steps to pay any difference in the amount of compensation actually received by the complainant and that that the complainant would have been entitled if his claim has not been settled by the firm then; and
(c)
the firm must explain the implications of its approach and commitment;