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Dear ~Members~
Following on from the OFT announcement that they are conducting a test case
against the bank we were concerned and we are still concerned whether the test
case will ever get heard. It appears from recent media source as if The OFT is
going to set a limit which they think is a fair amount and if they banks agree
to that limit the test case will be dropped.
Link to media source BBC NEWS | Business | OFT may compromise on bank case
Most of you would have also noticed this paragraph in the article
"In most instances we would probably agree with the banks' arguments that these
are not penalties as defined in common law," said Mr Elithorn.
Now what is interesting about this is the fact that Mr Elithorn use to be a
Senior Manager for Capital One . See http://www.oft.gov.uk/news/press/2007/62-07
So in realty his comments were not that surprising “however it does beg the
Question what on earth is going on at the OFT” and is it all ex bank, credit
card mangers making the decisions?
Remember we have a published advice and a template for Members to have stays set
a side, however remember you will need to amend this to suit your circumstances,
people who are struggling finically will probably be more successful in having
stays overturned.
We would advice people to WRITE to the OFT and ask them to confirm that
Mr.Elithorn Statement is correct, (remember spell it out) if they confirm it is
I would included this in your application for stays to be lifted as clearly
there is no guarantee the test case will ever get heard.
Joined Forces
We are happy to announce that we have joined forces with Moneysaving expert and
Consumer Action Group and in August the three sites published the bank charges
Charter there is also a new petition on the Governments web site that we hope
you will sign.
Link to the charter
http://www.penaltychargesforum.co.uk...php?f=182&a=61
Link to the Petition http://petitions.pm.gov.uk/BankCharter/
BBC NEED YOU
The BBC Money Programme is making a film about bank charges. We're investigating
the current situation between the banks and the OFT examining at how it effects
those still hoping to claim. We'd like to hear your stories.
Are you going to court in the next few weeks to claim back bank charges? Do you
know if your case will be heard or not? Since the ruling on the 28th July have
you had your case heard or been offered a settlement? Would you be willing to
speak to the BBC about your situation? We'd like to film with someone currently
in the process of trying to claim back their penalty charges.
We'd also like to hear from people who feel they've experienced intimidating
behaviour from their bank after submitting a claim.
If any of the above apply to you and your willing to share your story, please
contact
Marianne.lueck@bbc.co.uk
0208 752 7447
WE NEED YOU
We are trying to find people who are in finical difficulty because of bank
charges who have applied for stay to be removed and argued that they are
suffering from hardship
We like to hear from you is you made an application to the court for the stay to
be lifted but this was declined. And or you told your bank but they have ignored
you!
WHAT NEXT
The simple answer is keep filing you claims if your claim is stayed decided if
using the application to have the stay lifted is suitable for your
circumstances.
GREAT NEWS
We almost at 5,000,000.00 refunded to members so great work everyone.
THANK YOU
To all the sites Admin and Mods and Members that have given so much of their
time to help people because it’s the right thing to do. With out you and without
your input this site would not work.
So a big thank you from me
Stephen Hone
Founder of the war against bank charges,
Following on from the OFT announcement that they are conducting a test case
against the bank we were concerned and we are still concerned whether the test
case will ever get heard. It appears from recent media source as if The OFT is
going to set a limit which they think is a fair amount and if they banks agree
to that limit the test case will be dropped.
Link to media source BBC NEWS | Business | OFT may compromise on bank case
Most of you would have also noticed this paragraph in the article
"In most instances we would probably agree with the banks' arguments that these
are not penalties as defined in common law," said Mr Elithorn.
Now what is interesting about this is the fact that Mr Elithorn use to be a
Senior Manager for Capital One . See http://www.oft.gov.uk/news/press/2007/62-07
So in realty his comments were not that surprising “however it does beg the
Question what on earth is going on at the OFT” and is it all ex bank, credit
card mangers making the decisions?
Remember we have a published advice and a template for Members to have stays set
a side, however remember you will need to amend this to suit your circumstances,
people who are struggling finically will probably be more successful in having
stays overturned.
We would advice people to WRITE to the OFT and ask them to confirm that
Mr.Elithorn Statement is correct, (remember spell it out) if they confirm it is
I would included this in your application for stays to be lifted as clearly
there is no guarantee the test case will ever get heard.
Joined Forces
We are happy to announce that we have joined forces with Moneysaving expert and
Consumer Action Group and in August the three sites published the bank charges
Charter there is also a new petition on the Governments web site that we hope
you will sign.
Link to the charter
http://www.penaltychargesforum.co.uk...php?f=182&a=61
Link to the Petition http://petitions.pm.gov.uk/BankCharter/
BBC NEED YOU
The BBC Money Programme is making a film about bank charges. We're investigating
the current situation between the banks and the OFT examining at how it effects
those still hoping to claim. We'd like to hear your stories.
Are you going to court in the next few weeks to claim back bank charges? Do you
know if your case will be heard or not? Since the ruling on the 28th July have
you had your case heard or been offered a settlement? Would you be willing to
speak to the BBC about your situation? We'd like to film with someone currently
in the process of trying to claim back their penalty charges.
We'd also like to hear from people who feel they've experienced intimidating
behaviour from their bank after submitting a claim.
If any of the above apply to you and your willing to share your story, please
contact
Marianne.lueck@bbc.co.uk
0208 752 7447
WE NEED YOU
We are trying to find people who are in finical difficulty because of bank
charges who have applied for stay to be removed and argued that they are
suffering from hardship
We like to hear from you is you made an application to the court for the stay to
be lifted but this was declined. And or you told your bank but they have ignored
you!
WHAT NEXT
The simple answer is keep filing you claims if your claim is stayed decided if
using the application to have the stay lifted is suitable for your
circumstances.
GREAT NEWS
We almost at 5,000,000.00 refunded to members so great work everyone.
THANK YOU
To all the sites Admin and Mods and Members that have given so much of their
time to help people because it’s the right thing to do. With out you and without
your input this site would not work.
So a big thank you from me
Stephen Hone
Founder of the war against bank charges,
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