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Ignoring Interest

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14 years 2 weeks ago #246 by goldman
Replied by goldman on topic Re:Ignoring Interest
With apologies I am now advised by a clerk on the moneyclaim online team - who is not even aware of what statutory entitlements are - that the online services can be used for any money owed even if there is no invoice.

So I stand corrected. Apologies for my misdirection. However, until I know that someone has done this successfully I will continue to use the non online procedure.

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14 years 2 weeks ago #247 by Safe_UK
Replied by Safe_UK on topic Re:Ignoring Interest
Thanks for that Goldman :)

We only have 2nd hand reports on the subject so would not be able to give any more info than you have kindly provided.

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13 years 3 months ago #505 by cyberprog
Replied by cyberprog on topic Re:Ignoring Interest
See this post by David: payontime.co.uk/forums/what-if-they-wont-pay

Basically the gist being that the Compensation and Interest are paid *first* and that the principal is only partially paid off by their actions. The invoice continues to accrue interest on the residual amount at the original daily rate of the principal.

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