 |
|
| Browse | Ask | Answer | Search | Join/Login |
|
|
||||
|
Curlyben,
I'm hearing stories about banks putting claims on hold because of cases that are already going on. Saying they are waiting for the out come of a 'test case'. Got any information on this? |
||||
|
|
|
||||
|
Bluerose, yes there is a test case going on involving the OFT and 8 Banks, so the is a stay of action while this is decided.
This doesn't stop you starting the process, it just means that court action will be put on hold. This test case does NOT affect credit card claims though. |
||||
|
|
|
||||
|
Okay. Thanks. I'll pass that information on.
|
||||
|
|
|
||||
|
Just a quicky here.
The OFT's test case is well and truly underway. It's just a case of sitting back and waiting for the judgement. OFT Test case - Google News Then the real fun begins as this case is simply the opener to see if the OFT can enforce the UTCCR against the banks for their "services". What ever the outcome of this first case I believe that it WILL be appealed and possibly end up in The House of Lords, the HIGHEST court in the land. |
||||
|
|
|
||||
|
Even more quicky... the OFT test case (high court case) result is out tomorrow, so good luck Ben;)
|
||||
|
|
|
||||
|
Well it been a hectic 12 months in the world of Bank claims, but they have finally had their last domestic appeal to the UK's highest court, The House of Lords.
Judgement most likely delivered after the summer recess, so some time in October.. This is merely the first part of a potentially two part case, but if the banks have any sense, especially with the current financial crisis and the huge amount of bail outs, they will throw in the towel and refund people wrongly charged.. Either that or they will waste even more tax payers time and money with yet another round of test cases centred around the actual unfairness aspect.. As a rough guesstemate the total value of refunds due, within the "normal" 6 year limitations window, is approx £20 Billion. Yes seems like a lot of money and a few years ago was an unheard amount, but today it's a different matter. in context the Global financial crises has cost upwards of £10 TRILLION ($15 TRILLION) so far. This includes all of the bail outs, failures and grantees offered. |
||||
|
|
| Question Tools | Search this Question |
Check out some similar questions!
Iam a high schooler and am plagued by blackheads. My skin doesn' thave just a few solitary blackheads easily removed by a blackhead remover, but hundreds of blackheads on my cheeks and nose. So, a blackhead extractor is not useful for me. Even if I tried, they are already too deep in my skin. I...
I'm family friends with this guy and he's always really quiet around me and he always looks so bored, unfriendly and mean. I make conversation sometimes when I get up the courage but he never seems to respond and I just don't know why!! I don't see what his problem is with me! I'm nice to him...
I am 18 years old and previously worked for zellers from June 2006- early December 2006. During that time I made a number of stupid choices and stole small items which I believed to have totaled less then 50 dollars. My friend also stole a memory card which was around 50 dollars and he is related...
I really want by b\f back. He needs space. But possibly sees us together in the future, do I give it to him and risk losing him? He also wants to be with another guy who he is not sure about either. We have been apart a few months now and I am feeling desperate and I do not think this is a good...
View more questions Search
|
