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Bugger - I bought stuff online and the company has gone into liquidation.

(5 Posts)
Besom Mon 11-Jul-11 15:44:04

I did pay with a credit card and have phoned them and they say they will 'dispute' it. Does this mean I'll get it back? Has anyone else had this and did it get sorted out? It was about 100 quids worth so not the absolute end of the world but a lot more than I can afford to lose tbh.

TIA

moneyclaims4udot Mon 11-Jul-11 23:47:08

s76 consumer credit act is connected lending agreement. You can issue proceedings against your credit card company and you are 100% guaranteed to win. Court fees are £90 which are recoverable.

Besom Tue 12-Jul-11 07:31:24

thank you!

PonceyMcPonce Tue 12-Jul-11 07:33:19

I had an outstanding order with principles when they went under but i got about 80 pc of money back without doing anything, then the balance arrived as a cheque!

Collaborate Tue 12-Jul-11 08:29:41

If it was more than £100 then you can recover it from the credit card company.

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