Posted by: unfairbankcharges | May 9, 2007

Unfair Bank Charges could bankrupt barrister

An unhappy customer has claimed that his bank, NatWest, left him penniless and, if he doesn’t win the court case that he’s brought against them, it could render him bankrupt, reported The Independent.

Tom Brennan, a barrister, has brought as test case against NatWest after the “disproportionate and unfair” charges taken from his bank account while he was completing his legal training led to him being unable to pay his rent, bills and other expenses.

“It is a fact of life that we can’t always keep to financial commitments.” Mr Brennan told The Independent, “But that doesn’t justify any bank acting unlawfully in charging disproportionate fees.”

The now-qualified lawyer, who was charged more than £2,000 in fees, has refused to accept an out-of-court settlement from the bank of £4,000, demanding that he also be compensated for the distress caused by struggling to meet his living costs.

According to Mr Brennan’s website, the case has yet to be settled and is awaiting a judgement from the court. If he is successful, the case will set a precedent for claiming back not only the fees charged by banks, but consequential damages as well.



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