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Hi
I was recently (2019) awarded £130 for fees/charges/interest that I incurred prior to my debt relief order. The money was awarded 3 years after my DRO (moratorium period ended 2017). The bank believe they have the right to hold onto this money 3 years latter.
I'm was pretty certain creditors have the 12 month moratorium period to settle any debt. Following that period the debt is written off, making it unlawful for creditors to reclaim money towards written off debts (according to the terms of the debt relief order).
About 6 months after the £130, I received £60 as a result of a complaint with the bank ( three and half years after DRO). They put the money into my current account and blocked it so that I can't do anything whatsoever with the account!
Is anyone familiar which legislation this would come under? Surely an order issued by the insolvency service is worth something!
I was recently (2019) awarded £130 for fees/charges/interest that I incurred prior to my debt relief order. The money was awarded 3 years after my DRO (moratorium period ended 2017). The bank believe they have the right to hold onto this money 3 years latter.
I'm was pretty certain creditors have the 12 month moratorium period to settle any debt. Following that period the debt is written off, making it unlawful for creditors to reclaim money towards written off debts (according to the terms of the debt relief order).
About 6 months after the £130, I received £60 as a result of a complaint with the bank ( three and half years after DRO). They put the money into my current account and blocked it so that I can't do anything whatsoever with the account!
Is anyone familiar which legislation this would come under? Surely an order issued by the insolvency service is worth something!
