A) Money Claims: You as a claimant can take a court action against someone who owes you money and won’t pay. This is known as making a court claim.
It can also be known as taking someone to a ‘small claims court’.
Calculating interest under the County Court Act:
Work out the yearly interest: take the amount you’re claiming and multiply it by 0.08 (i.e. 8% – this will equal 8% of the amount claimed).
2. Work out the daily interest: divide the yearly interest from step 1 by 365 (the number of days in a year).
3. Work out the total amount of interest: multiply the daily interest from step 2 by the number of days the debt has been overdue.
For example, if you were owed £1,000:
– the annual interest would be £80 (1000 x 0.08 = 80)
– divide £80 by 365 to get the daily interest: about 22p a day (80 / 365 = 0.22)
– after 25 days this would be £5.50 (25 x 0.22 = 5.50)
B) Claims against builders:
C) Contractual Claims:
D) Claim against Landlord: