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Bank Charges
NickToye
Posts: 330 Forumite
Hi,
My parents are looking to claim back a load of charges that were incurred during a period when they were running a business. The charges were the sole reason why they went out of business.
They actually went into an IVA which they have completed. They have sent out the first letter 3 weeks ago without any response. So they are looking at the 2nd stage, but are a bit worried that because they have been IVA and in a business, that they won't be able to claim back any charges, and don't want to waste £50 claiming.
What should they do?
My parents are looking to claim back a load of charges that were incurred during a period when they were running a business. The charges were the sole reason why they went out of business.
They actually went into an IVA which they have completed. They have sent out the first letter 3 weeks ago without any response. So they are looking at the 2nd stage, but are a bit worried that because they have been IVA and in a business, that they won't be able to claim back any charges, and don't want to waste £50 claiming.
What should they do?
0
Comments
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course they can claim if they are within the 6 year period
:beer: Well aint funny how its the little things in life that mean the most? Not where you live, the car you drive or the price tag on your clothes.
Theres no dollar sign on piece of mind
This Ive come to know...
So if you agree have a drink with me, raise your glasses for a toast :beer:0 -
So do you think they have a chance? £50 is bit of a risk, especially if you don't really have it.0
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Why £50? As I understand it you pay £10 per bank (not even a/c) I claimed my CC and C/A with the same bank with one £10 cheque
Have I missed something? Sorry if so!
Anyway check out The Consumer Action group for more detail but I would say Yes. As long as its within 6 years, any charges on any account can be claimed back.
Good luck!!DFW Nerd #1310 -
i'll nip over there, but £50 is what my folks say. Also if you go through the claim online thing, which is the 2nd part, it costs between £30 and £150. According to Martin Lewis anyway.0
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If they're claiming wtc or a similar income boosting benefit they can fill out a form to be exempt from paying the fees.This year I'm getting organised once and for all, and going to buy a house with my wonderful other half. And that' s final!
Current Pay Off Target : £1500 :mad:0 -
The £10 is for the list of charges uder DPA, the £50 is for the small claims action.
Have they sent a "letter before action" yet? That's the second stage. Also I gather that the bank has 40 days to respond, or am I wrong?[strike]-£20,000[/strike] 0!0 -
The second stage is the small claims action, isn't it?
Well its step 4 on the article in this site.
Step1 - the letter
Step2 - the spreadsheet (which both get sent first)
Step3 - wait for a response (there has been no response)
Step4 - Small Claims Action0 -
no theres a prelim asking
then a second letter asking
then the court fees.
When suing anyone you will risk the fees - but I dont know anyone on CAG thats not got thier money back yet
:beer: Well aint funny how its the little things in life that mean the most? Not where you live, the car you drive or the price tag on your clothes.
Theres no dollar sign on piece of mind
This Ive come to know...
So if you agree have a drink with me, raise your glasses for a toast :beer:0 -
Why doesn't it say about the 2nd letter here?
http://www.moneysavingexpert.com/cgi-bin/viewnews.cgi?newsid1141050760,24632,0 -
Anyone know why it doesn't say about the 2nd letter in the article?0
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