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Hello
I'm considering bringing a civil claim against a business and have a few questions.
For background the only assets I have is £3500~ car and £4000 in a LISA. I also have circa £50,000 in unsecure debt.
1) Fee remission - disposable capital
I have £4000 in a LISA account, I can't withdraw this without a penalty. I know ISAs are included in the disposal capital calculation. Does that include a LISA? Or does the 'pension' like quality make it exempt?
2) Fee remission - income criteria
I am employed by a personal service company. Director of 1 man limited company). I receive £712 a month salary and can withdraw dividends as and when appropriate from retained profits.
Myself and the limited company I own are two separate legal entities. My limited company has full discretion on how much dividends to declare.
Would I be within the rules to not declare any dividends for 3 months so my only income into my personal account is £712/month?
3) Amount claimed
The true amount that I believe I could claim is well in excess of £10,000. However am I able to claim £9,999 to keep it in the small claims court? I'm aware it could still put on another track due to complexity. However will the judge see that I'm clearing 'under claiming' and put it on different track?
Thanks
I'm considering bringing a civil claim against a business and have a few questions.
For background the only assets I have is £3500~ car and £4000 in a LISA. I also have circa £50,000 in unsecure debt.
1) Fee remission - disposable capital
I have £4000 in a LISA account, I can't withdraw this without a penalty. I know ISAs are included in the disposal capital calculation. Does that include a LISA? Or does the 'pension' like quality make it exempt?
2) Fee remission - income criteria
I am employed by a personal service company. Director of 1 man limited company). I receive £712 a month salary and can withdraw dividends as and when appropriate from retained profits.
Myself and the limited company I own are two separate legal entities. My limited company has full discretion on how much dividends to declare.
Would I be within the rules to not declare any dividends for 3 months so my only income into my personal account is £712/month?
3) Amount claimed
The true amount that I believe I could claim is well in excess of £10,000. However am I able to claim £9,999 to keep it in the small claims court? I'm aware it could still put on another track due to complexity. However will the judge see that I'm clearing 'under claiming' and put it on different track?
Thanks
