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Those that tried to get CC "written off" could face £30k bill

2

Comments

  • ~Brock~
    ~Brock~ Posts: 1,715 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    The claiming industry is in tatters. Not before time. Those of us that have seen through their lies and deceit from the start can get some sense that justice is being served.

    I am only slightly sorry for any 'consumers' that have fallen foul of this mess. Stupidity and naievety may have played some part in any decision to try and worm out of credit commitments, but pure greed would also have been a big factor I'm sure.

    My only hope now is that credit card companies find their own 'legal loophole' to get out of paying the inevitable s75 claims against them for the non delivery of these services. I'm still at a loss as to how these firms get card charging facilities in the first place, let alone banking facilities.
  • immoral_angeluk
    immoral_angeluk Posts: 24,506 Forumite
    10,000 Posts Combo Breaker
    The artilcle mentions £30000 each and 10 claiments. £300,000 total court and legal costs sounds about right I guess.
    Where I did get 500 from? :rotfl::rotfl::rotfl::rotfl:
    Total 'Failed Business' Debt £29,043
    Que sera, sera. <3
  • PNPSUKNET
    PNPSUKNET Posts: 4,265 Forumite
    haha so funny
  • draconian_2
    draconian_2 Posts: 104 Forumite
    This is indeed interesting/amusing.... we must all remember what goes around comes around....
  • Budner
    Budner Posts: 50 Forumite
    Finally leech's being made to pay back what they owe
  • chattychappy
    chattychappy Posts: 7,302 Forumite
    IMHO the real crooks are the Law Society and the Solicitors Regulation Authority. They dropped the ball - again. No wonder people hate this so called "profession".
  • Judge Waksman has now come out with a second judgment, which is yet more bad news for claimants who were trying to get their credit card debts written off.

    This is the judgment

    http://www.bailii.org/cgi-bin/markup.cgi?doc=/ew/cases/EWHC/QB/2010/612.html&query=Teasdale+and+v+and+HSBC&method=boolean

    It is lengthy, and technical, but if this was a game of football, it was Banks 7 Customers 0. If it was a boxing match, the referee would have stepped in at the end of round 2.

    At the end you'll see that 3 of the 7 Claimants named were clients of Cartel/CCLS, who were not represented at the hearing.

    The concern must be- was there 'no-win, no-fee' insurance taken out to cover all these thousands of claimants in the event that their claims lost? And, if so, will this insurance pay out to meet the claims for costs which banks could make against unsuccessful claimants?

    Claimants could be made the subject of personal costs orders at the behest of the banks and finance companies, as their cases are almost all doomed to fail because of the earlier Waksman judgment in Carey.

    This could all be very messy.
  • Typhoon2000
    Typhoon2000 Posts: 1,173 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    I just read the first of the cases and it seems that HSBS offered to waive rights to its court cost if the defendent discontinued the action as it was clear there was no hope of success. Their solicitors agreed there was no hope of wining dicontinued the action but claimed costs till March 09. So HSBC stuck to their guns and the Judge awarded HSBC full costs. How daft!
  • soul619
    soul619 Posts: 562 Forumite
    serves them right really you spend it you pay it back! its your credit card debt not the banks lol
  • bigstevex
    bigstevex Posts: 919 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker
    Lol oh how funny, I remember a few months ago people telling me they were getting their debts written off for a £499 fee! I warned them but wouldn't listen :rotfl:
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