The Site Bank Charges Court Case

Bank Charges Court case issues have revolved around many issues and seen big decsisons. A legal case is a dispute between opposing parties resolved by a court, or by some equivalent legal process. A legal case may be either civil or criminal. The practice of imposing charges has become controversial in the UK, customers and consumer watchdog groups claim that charges are much higher than allowed by law. In 1 case, a businessman reclaimed about £35,000. After considerable press coverage of the issue and efforts undertaken by some to recover overcharges, thousands are claiming the charges back plus a statutory 8% interest. The movement's beginnings are generally credited to Stephen Hone.. Hone requested a refund of charges by Abbey, arguing under the Unfair Terms in Consumer Contracts Regulations, all penalty charges had to truly reflect the cost of administering them. After filing in small claims court against Abbey, Hone eventually recovered £840 from the bank.