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Full and final settlement - affecting bank charges reclaim?
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count_rostov
Posts: 218 Forumite
Hi All,
Over the last year my fiance managed to run up £1000 of bank charges on a dormant Natwest account as he forgot that he was still being charged a management fee for the account which took him into the red. Stupid man! Anyway, on Saturday I finally opened his pile of bank statements and realised what happened we rang up to settle the debt. They offered to accept a reduced payment of £600 as full and final payment. (Natwest must be doing all it can to reclaim debts as I was expecting to pay the amount in full!) Anyway, my question is: as this debt was almost entirely bank charges we plan to claim it back from Natwest. Will us accepting a reduced payment to settle the debt affect claiming back the charges?
I asked to receive comfirmation in writing that it will be a full and final payment before we settle the debt so we can still renegotiate if it will impact on our charges claim.
Any advice?
Over the last year my fiance managed to run up £1000 of bank charges on a dormant Natwest account as he forgot that he was still being charged a management fee for the account which took him into the red. Stupid man! Anyway, on Saturday I finally opened his pile of bank statements and realised what happened we rang up to settle the debt. They offered to accept a reduced payment of £600 as full and final payment. (Natwest must be doing all it can to reclaim debts as I was expecting to pay the amount in full!) Anyway, my question is: as this debt was almost entirely bank charges we plan to claim it back from Natwest. Will us accepting a reduced payment to settle the debt affect claiming back the charges?
I asked to receive comfirmation in writing that it will be a full and final payment before we settle the debt so we can still renegotiate if it will impact on our charges claim.
Any advice?
Debt at LBM (20th March 2008) £13,607
Debt currently [strike]£11,667[/strike] [strike]£11088[/strike] [strike]£10,681[/strike] [STRIKE]£10354 Hurrah 24% paid off[/STRIKE]
Oh dear ... back to £12944 9% paid off :rolleyes:
Hurrah £10712 22% paid off
Debt currently [strike]£11,667[/strike] [strike]£11088[/strike] [strike]£10,681[/strike] [STRIKE]£10354 Hurrah 24% paid off[/STRIKE]
Oh dear ... back to £12944 9% paid off :rolleyes:
Hurrah £10712 22% paid off
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