• Welcome to the LegalBeagles Consumer and Legal Forum.
    Please Register to get the most out of the forum. Registration is free and only needs a username and email address.
    REGISTER
    Please do not post your full name, reference numbers or any identifiable details on the forum.

Bank charges reclaim offset against debt help!

Collapse
Loading...
X
  • Filter
  • Time
  • Show
Clear All
new posts

  • Bank charges reclaim offset against debt help!

    hi, just wondering if anyone can provide guidance here... the situation is is that I owe a debt to Cabot financial for an old Santander account. I managed to get a substantial discount after getting them to prove the debt etc and a lot of toing and throwing. Anyway, I recently read an article from Martin Lewis surrounding reclaiming excessive bank charges so I rang Santander and they compensated me £300 worth of charges but they say it will be offset against the balance that was owed when the account defaulted and sold to Cabot. Potentially, they say the money will be sent to Cabot but can they legally do this, as I have proof that they sold this by way of notice of assignment, so legally Cabot have no entitlement to that money. Am I correct in my thinking?? Please can someone provide some guidance?
    Tags: None

View our Terms and Conditions

LegalBeagles Group uses cookies to enhance your browsing experience and to create a secure and effective website. By using this website, you are consenting to such use.To find out more and learn how to manage cookies please read our Cookie and Privacy Policy.

If you would like to opt in, or out, of receiving news and marketing from LegalBeagles Group Ltd you can amend your settings at any time here.


If you would like to cancel your registration please Contact Us. We will delete your user details on request, however, any previously posted user content will remain on the site with your username removed and 'Guest' inserted.
Working...
X