Capital One

Bulla79

Letter recieved over the weekend offering full settlement of £1,800. This despite me accidently claiming back 7 years!!!

Followed all of Martin's advice and issued my MCOL proceedings on 20th June. Cheque should arrive within next 14 days.

Good luck all.

Ashelee

princesskez26 wrote: »

Anyone of you lovely people know.................... ? :j

Kez

Hi Kez

My Mcol was acknowledged 06/07 and i still havent heard anything about whether they will or wont pay up!

Have they acknowledged yours yet?

Ash

LEE69_2

Guys all the info is in this thread,it's 21 days after it is served.

PI_Guy

yes you can. claim away

princesskez26

Ashelee wrote: »

Hi Kez

My Mcol was acknowledged 06/07 and i still havent heard anything about whether they will or wont pay up!

Have they acknowledged yours yet?

Ash

No not acknowledged mine

Kez

LozBingley

Bulla79 wrote: »

Letter recieved over the weekend offering full settlement of £1,800. This despite me accidently claiming back 7 years!!!

Well done! Did you have as much trouble as we are?

Degs45

I wrote to you on 20/06/07, making the original request for a payment in settlement of my claim. As I have not received a satisfactory response, I am writing to inform you I intend to claim the full amount claimed together with interest up to the date of judgment and court fees in the proceedings through the county court. wont this do ?
regards degs[/quote]


Posted last week ... just waiting for the reply....:T

Bulla79

LozBingley wrote: »

Well done! Did you have as much trouble as we are?

It was a doddle compared to the 6 month battle with Lloyds TSB.

Originally they offered me a third of the amount, I refused and launched my MCOL. Around 20 days later they agree to pay up!

Maybe just got lucky this time!

advent

Hi, Sorry this is a bit long but could do with some advice.

I had an a/c with Crap 1 from 2001. In 2004 they sold the debt to a debt firm who then sold it on to NCO. I had an arrangement and kept up payments as best I could. (I split from my husband in August 2003 so finances were not easy but I had written to Cap One to keep them informed) NCO sent letters every now and then offering to settle for lesser figures but I couldn't afford to up my payments. Then I got a letter offering a deal where I paid only 50% of the outstanding balance IN FULL & FINAL SETTLEMENT. By this time I had a partner who said it was too good to miss and lent me the money to pay it. I never got a final letter from NCO but the check cleared and I think I confirmed a/c was closed on the phone to NCO.

I have been chasing Capital One for bank charges and sent off for statements which arrived a week later. Calculated charges at £174 and interest and sent off letter reclaiming £240. Got letter today apologising for the inconvenience caused and saying they have refunded £66 (difference between what they charged and £12) to my a/c to reduce the outstanding balance! I rang them and told them the above story. They agreed that they were not chasing me for the balance and that the a/c was closed as far as they were concerned and that the £66 had indeed been deducted from the balance outstanding. explained there wasn't a balance as I'd paid NCO in Full and Final Settlement. They said no-It was in f&f to NCO but there was still a balance (although they weren't chasing me and the a/c is closed) therefore credit agencies such as Equifax would have it down as a partial settlement. Is it worth chasing this one any more? If I get all I asked for back it would still be £200 short of the balance they say is on the a/c and therefore will still show ona credit rating as "partial settlement". (Personally I thought these things were either settled or not settled-never heard of partial settlement)
Any thoughts would be welcomed.

chrissieo

Spoke to Capital 1 this morning and the balance of £217 has been cleared from my account and they are sending me a cheque for the balance of £322 this means I have received the full amount claimed £731 (inc interest & court costs).

Only one last little hurdle to over come my standing order to Capquest for July crossed over with the settlement so they have informed me they will returned this to me by cheque within 4 weeks and for me to call them if I don't receive it.

My first victory, so I am well chuffed. MCOL against MBNA to be submitted next.

Thanks all of you for your help

Chrissie