Albert street car park birmingham

The_Deep

nosferatu1001 wrote: »

I dont think you can invoice for interest, unless the amount was over 5k.

Are you sure? Is it not a debt?

U414830

Vcs were adding 8% to so called debt of £185 so I guess you are correct

[Deleted User]

Judgment debt at 8% per annum, so calculate the daily rate at (sum)x8%/365 = X per day.

nosferatu1001

"County Courts Act 1984, Senior Courts Act 1981.

The County Courts Act and Senior Courts Act allow claims for interest at 8% per annum when issuing proceedings. There is no right to this type of interest unless, and until, a claim is issued.

The same legislation also allows you to recover interest at the rate of 8% per annum on any County Court judgement debt in excess of £5,000. There is no statutory interest on judgment debts of less than £5,000. However, if the judgment is transferred up to the High Court for enforcement, interest at 8% per annum applies from the date that it is transferred."

Is this out of date?

[Deleted User]

Is this out of date?

Nope, I've clearly just spent too much of my career chasing bigger debts.

I've also checked the database this AM so, Nosferatu, that's all good law.

Mea culpa (and thanks for the reference above).

The_Deep

Nevertheless, I would do a Boris and claim it from the PPC anyway.

U414830

£109 @ 8% for 17 days works out at about 34 pence lol, my money though!

Castle

U414830 wrote: »

£109 @ 8% for 17 days works out at about 34 pence lol, my money though!

Don't forget the £60 debt collection charge.

U414830

Quick question to help another person, if costs schedules change or haven't been submitted with a witness statement when would be the latest time to submit or could it be submitted to the Judge on the day.

Redx

Ideally a few days before the hearing , so it isn't an ambush

So the sooner the better