PenaltyCharges News

    stephen1976 on 26-01-2010  Number of Views : 960  
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    Member fights off strikeout application for bank charges claim. A member has successfully fought off a strikeout application today, where Yorkshire Bank was asking the court to dismiss the claim for the return of unfair and unlawful bank charges. Member Claire H, from Rotherham, has been managing the claim for a friend and the case was stayed due to the recent Test Case. That case ended in November, with the shock decision by the Supreme Court that the regulator (the OFT) can no longer regulate on the unfair charges using the main features of the statute designed for that purpose. This has left more than a million claims pending, either filed with the courts or as requests for refunds directly to the banks. ...

    stephen1976 on 19-01-2010  Number of Views : 1168  
    Categories: News 
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    NEW defence/response against strikeout applications Penalty charges - the leading penalty charges website - launches a new defence/ responce template against strikeout applications made by the banks. These relate to bank charges claims by members that were stayed by the courts due to the recent Test Case. Now that the Test Case has ended without a solution to the stayed claims - and the OFT has left millions of Consumers fighting for themselves - the banks are already approaching the courts trying to get the claims struck out. We have taken some time on this defence/responce, to make sure that it packs the required punch, and doubt that any judge will strike out a claim with this full defence/responce. This defence will enable members to amend their Particulars of Claim to include all the new legal arguments, in view of the recent judgment in the Supreme Court. ...

    stephen1976 on 06-01-2010  Number of Views : 1319  
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    The Judgment handed down by HHJ Waksman QC in Carey v HSBC Bank Plc [2009] EWHC 3417 (QB) on 23rd December 2009 has conclusively confirmed the basis upon which a consumer may claim that their Credit Agreement is Legally Unenforceable. The Judgment by HHJ Waksman QC has clarified a number of points in respect of credit agreements, in making an executed agreement, if it fails to conform to requirements made by regulations as to form and content it will be an improperly executed agreement. Further, the banks will be required to provide a, True Copy, when disputing any breach of the Consumer Credit Act. ...

    stephen1976 on 06-01-2010  Number of Views : 868  

    Penalty Charges regrets the recent decision by the OFT that it will no longer be continuing its case into the fairness of bank charges, following the bizarre judgment handed down by the Supreme Court in November. This decision has let down millions of victims of these charges, who have already been denied justice since July 2007, while the banks have remained free to continue levying the charges. ...

    stephen1976 on 19-12-2009  Number of Views : 488  
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    The Office of Fair Trading has confirmed that unless something onforeseen happens in the interim, it will be making... ...

    stephen1976 on 18-12-2009  Number of Views : 715  
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    While the OFT considers whether to restart its litigation against unfair bank charges, the plight of some customers seeking repayment of bank charges is growing considerably worse.

    The recent shock decision by the Supreme Court that the Office of Fair Trading (OFT) could not investigate the fairness of bank charges under one of the regulations has stalled consumer efforts to regain their money ...

    stephen1976 on 15-12-2009  Number of Views : 583  
    Categories: News 

    Penaltycharges is proud to have this on our home page, We must stress Pc had nothing to do with the making of this. ...

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