Stop Press - View On Oft/bank Announcement

catoxley

Hiya could someone please explain whats going on as i am so confused with all this. I put in claim with MCOL its now at the aknowledge stage ans says the bank have 28 days so what does all this mean ??????

kellys30

DotingDad wrote: »

Given the underhand way this has been announced I wonder whether Martin or other superior beings would consider it worthwhile setting up a petition on the Downing Street website.

Something along the lines that it is unfair for banks and the FOS to arbitarially suspend claims in progress forthwith until such time as a verdict is reached in court if the banks continue to apply the very charges under dispute.

Hopefully the media would pick up on this in the way they did with the road pricing petition and the negative publicity for the banks and government may expedite a decision.

Anyone else agree? I'd do it myself but as the lowest of the low it would attract no publicity. It needs somebody with a "public profile" like Martin to do it in my opinion.

Good idea if you ask me, i'm sure everyone on this site would sign it

annalisa

Stokey125 wrote: »

Which Court was this and did they say who gave the instruction. I will make enquiries of my sources to see what I can find out.

Salford county court and they said they had recieved the info about the test case but didn't really go into deets about it other than the test case starts on Friday.

Re:

Annalisa.

stripe_2

I have two normal accounts with HSBC

I sent off the normal letter to reclaim the charges and recieved an offer letter for the full amount.

I signed both and sent them on 7/7/07

I have recieved the charges for one account and not for the other one (both totalling £400.00)

I rang up on Thursday after they sent me a chaser letter saying I hadnt sent the offer letter back. I sent a letter recorded delivery saying I had

I've rung them 5 times since them and the operatives have stated they have emailled the rel people but nothing has been done. I've asked to speak to their manager and had not luck

HELP !!

blodwyn

On 29/07/07 Nationwide defended my claim.

I am rather worried as I have noticed a typo on my court papers (which aparently is my fault - it is how it was typed by myself). Even though my boyfriend and myself both checked what had been typed, we both managed to miss my typo on the section which explains why interest was added. Typed was 1894 and not 1984 for the year of the law regarding interest. I intend to defend my claim, but am really worried that this error will impact my whole claim. Any advice?

ChrisMadge

Hi martin, just got to day 28 on the moneyclaim site and guess what ? Barclays put up a defense ! "You are unable to take any further action online on this claim. The Defendant disputes the whole amount you have claimed. Your claim cannot proceed online and will be transferred to the appropriate court for continuation. You will receive confirmation to where the claim has been transferred to shortly." Was the message i recieved. In light of the current affairs with cases being put on hold, what is going to happen to me next ?

Cheers Martin:money:

Chris !

keithyreeves

:rotfl: So based on experience of working with civil servants in the past...

the OFT announcement at the end of the day will be something along the lines of:

"In our view a fair default charge should:

• be calculated on the basis of a reasonable pre-estimate of the net limited additional administrative costs which occur as a result of the specific breaches of contract and can be identified with reasonable precision

• reflect a fair attribution of those cost between defaulting consumers

• be based on genuine estimate of the total numbers of expected instances of default in the relevant period, and

• treat costs other than those net limited additional administrative costs as a general overhead of the business and disregard them for them purpose of calculating a default fee. "

That's right reclaimers it will be the same as can be found under section 3.27 of http://www.oft.gov.uk/shared_oft/reports/financial_products/oft842.pdf

Reevesie

:rolleyes:

Harrystottle_2

Hello All
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I have a question which I don’t think has been answered fully in Martin’s Emergency thingy. My account has exceeded its overdraft limit (by about one sixth of what they owe me) and now they are adding interest and charges to the tune of about 50 quid every month. If I wait until the court decision I could end up owing them ‘000s if it goes the wrong way and no doubt the b*stards will make me pay it all!!!
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What can I do? I have already started court action (case is due in September) so could I apply for a stay on the grounds that I am being charged all the time that the main test case is waiting to be heard?

If so, should I write to the bank to demand that they stop adding charges to the overdraft (which is of their making!), in the sure knowledge that they will refuse to do so, and then present this to the court in support of my application (for a stay that is)?
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Any advice will be gratefully received!
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BTW Conor I read in the Times Online today that even if they have to repay every penny of the charges they have snatched over the past 6 years it will hardly even scratch the surface of their 4 BILLION QUID A YEAR profits.
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They don’t NEED to charge ANYONE for banking services because they make fortunes out of the interest on the money that everyone (sheepishly) pours into their coffers day in day out. Of course if the judgment goes against them, they will start charging not because they have to but because they can ‘cos, as you rightly said, these days everyone has to have an account . They’ve got us all by the short and curlies - wake up and smell the coffee you smug twit.
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Cheers

<!--[if !supportEmptyParas]--> <!--[endif]--><o></o>Harrystottle

annalisa

blodwyn wrote: »

On 29/07/07 Nationwide defended my claim.

I am rather worried as I have noticed a typo on my court papers (which aparently is my fault - it is how it was typed by myself). Even though my boyfriend and myself both checked what had been typed, we both managed to miss my typo on the section which explains why interest was added. Typed was 1894 and not 1984 for the year of the law regarding interest. I intend to defend my claim, but am really worried that this error will impact my whole claim. Any advice?

Hi, i too made a typo on my claim form and i only noticed it when the bank were confused how i obtained my figure.

I contacted the court who then sent me an ammendment form so i could explain where i'd gone wrong and give the correct info. Upto now AFAIK its all going through as per norm and the bank know i have ammended my original claim.

Basically contact your court and let them know you have made an error and you would like to ammend the info, they should then send you the relevent forms.

Re:

Annalisa

blodwyn

annalisa wrote: »

Hi, i too made a typo on my claim form and i only noticed it when the bank were confused how i obtained my figure.

I contacted the court who then sent me an ammendment form so i could explain where i'd gone wrong and give the correct info. Upto now AFAIK its all going through as per norm and the bank know i have ammended my original claim.

Basically contact your court and let them know you have made an error and you would like to ammend the info, they should then send you the relevent forms.

Re:

Annalisa

Phew! Did you contact moneyclaim online, or the court that the case was allocated to?

Thanks

Kate