Anyone had experience of a company/solicitor doing the work of reclaiming? (merged)

starsinmycrown

does anybody know about this bank reclaiming service? they were on the british insolvency website and i've sent off for a claims form. advantage claims say they only charge 10% and i'm happy to pay this. Does anybody have any experience of this?

i know my bank owe me thousands and thousands, but i have an outstanding o/d of 200 with lloyds and my account is in debt collections. i have a parachute account, but am on dodgy ground financially so would prefer to reclaim through a third party, as my situation is not straighforward as the cc and o/d charges i'm trying to reclaim still have big debts on the account and if they get funny, i'd prefer a third party to deal with them, but i'm tired of struggling to repay a grand of debt when i'm owed 1000s in charges.

if not claims financial has anybody claimed through a third party before?

melorablack

starsinmycrown wrote: »

does anybody know about this bank reclaiming service? they were on the british insolvency website and i've sent off for a claims form. advantage claims say they only charge 10% and i'm happy to pay this. Does anybody have any experience of this?

i know my bank owe me thousands and thousands, but i have an outstanding o/d of 200 with lloyds and my account is in debt collections. i have a parachute account, but am on dodgy ground financially so would prefer to reclaim through a third party, as my situation is not straighforward as the cc and o/d charges i'm trying to reclaim still have big debts on the account and if they get funny, i'd prefer a third party to deal with them, but i'm tired of struggling to repay a grand of debt when i'm owed 1000s in charges.

if not claims financial has anybody claimed through a third party before?

I would never use a third party to claim. They will take most of your refund if you get one as a fee and you could cliam yourself. The banks do not care if it is a third party complaint or not when considering a claim.

esmerellda

Are advantage claims part of claims financial? Have you checked they are registered ? Check them out http://www.claimsregulation.gov.uk/search.aspx

also do you have the web address of this british insolvency website?

To deal with your situation you would be much better off handling it yourself.

A CMC will not deal with your debt or stop Lloyds hassling your for your overdraft or anyone else for that matter. It sounds as though you may have a hardship claim for the current account claim but this is difficult to tell without an idea of your debts/arrears/income etc.

Credit Card charges are relatively easy to reclaim and would be a matter of a couple of letters.

Claims Financial are 25% plus VAT....they dont have their T&Cs online so can't check if they nab the interest off you as well.

I don't know Advantage Claims at all so if you have a web addy that would be helpful.

If you want to deal with it yourself and stay in control then we will help you all the way.

esmerellda

Is it this one ? http://www.bankcharges.biz/about.html


They take 10% of the charges plus all the interest. If your claim is 1000's going back to 2001 then this could well be a good few hundred. Some of their other companies (why do they have so many?) take 25% + VAT (same as claims financial)

[FONT=Georgia,serif]Regulated by the Ministry of Justice in respect of claims management activities. Authorisation number CMR2506. This can be viewed at www.claimsregulation.gov.uk[/FONT]

[FONT=Georgia,serif]Advantage is a trading name of i-Sm@rt Consumer Services Limited.


[/FONT]usiness Name:i-Sm@rt Consumer Services LtdAddress:The Old House
Town/City:
County:
Postcode:NN10 8BPTrading Names:Advantage Claims
BankCompensation.co.uk
i-Sm@rt Distribution Services
ppicomplaints.co.uk
Real Life Services
Simple Bank Claims
The Claims Factory
UKBankClaims
Sector:Financial products/services,
Authorisation Number:CRM2506

Past trading names: Date of change Previous Name 11/12/2004 TRAILER TRACKING LIMITED 03/01/2007 ENDOWMENT CLAIMS BUREAU LIMITED


also read http://forums.moneysavingexpert.com/showthread.html?t=1335635
The 10% is PLUS all interest claimed PLUS VAT @ 17.5%


Personally, I would do it yourself
[FONT=Georgia,serif]
[/FONT]

madware

I have had a call from a company saying they will get all my business and personal account charges back for 49.99 each account and i dont have to do a thing apart from give some information to them.

Would anyone advise this??

ty

AverageJoe_4

nope - they cannot do anything for you on this subject matter than you cannot do yourself.

dont waste your money mate.

esmerellda

Nope Do it yourself. Personal account charges are on hold anywayso you wouldnt see a return for a long time and its only a matter of a couple letters.

Which company is it? Also I suspect theres a lot more charges to come on top of the upfront fee.

Orford

esmerellda wrote: »

Also I suspect theres a lot more charges to come on top of the upfront fee.

Either that or you will merely receive a 'claims pack', which consists of a few template letters identical to the ones on .......er....here!!

di3004

Hi there

I agree with all the other posters here.

I would not pay out for this, not when you can try for yourself by using free templates and getting help from these helpful lot on here.;)

If you want any help with this, please just ask, we will do our best to get you through this to the end.

Just think for a price of a few stamps.;)

Doshamento

madware wrote: »

I have had a call from a company saying they will get all my business and personal account charges back for 49.99 each account and i dont have to do a thing apart from give some information to them.

Would anyone advise this??

ty

As all the other posters have implied....DO NOT TOUCH THEM WITH A BARGE POLE

...when you can do it for yourself for free, and ensure the same results as they maybe guarantee for a fee of £49.99