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  • FIRST POST
    • timtotim
    • By timtotim 27th Mar 17, 5:12 PM
    • 1Posts
    • 0Thanks
    timtotim
    PPI reclaim for a business ceased trading
    • #1
    • 27th Mar 17, 5:12 PM
    PPI reclaim for a business ceased trading 27th Mar 17 at 5:12 PM
    Hi all,

    I've had difficulty finding much about PPI reclaims for business, so apologies if this has been posted already somewhere else. I am wondering if anyone can offer any advice? I had a business that ceased trading several years' ago. The bank in question informs me that I do indeed have PPI associated with the accounts, but that it cannot proceed unless I re-instate the business, as it needs to be an 'active' business in order for them to investigate.

    The business name has been taken over by another company (though they are trading in something completely different), so any idea what I can do in order to pursue a claim?

    Many thanks

    Tim
Page 1
    • dunstonh
    • By dunstonh 27th Mar 17, 5:48 PM
    • 89,548 Posts
    • 55,997 Thanks
    dunstonh
    • #2
    • 27th Mar 17, 5:48 PM
    • #2
    • 27th Mar 17, 5:48 PM
    The business name has been taken over by another company (though they are trading in something completely different), so any idea what I can do in order to pursue a claim?
    If your complaint is successful, it will be paid to the company. The company would need to be reactivated as the bank have said and a tax return completed as this will be profit and subject to corporation tax and potentially dividend tax when paid out.
    I am an Independent Financial Adviser (IFA). Comments are for discussion purposes only. They are not financial advice. Different people have different needs and what is right for one person may not be for another. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
    • ANYName
    • By ANYName 16th Sep 17, 1:28 PM
    • 1 Posts
    • 0 Thanks
    ANYName
    • #3
    • 16th Sep 17, 1:28 PM
    • #3
    • 16th Sep 17, 1:28 PM
    Our company has just been closed.
    To save me digging out all the details is it possible to view online - details of the loan taken out by my closed company? The loan was repaid 4 years ago.
    • dunstonh
    • By dunstonh 16th Sep 17, 2:53 PM
    • 89,548 Posts
    • 55,997 Thanks
    dunstonh
    • #4
    • 16th Sep 17, 2:53 PM
    • #4
    • 16th Sep 17, 2:53 PM
    To save me digging out all the details is it possible to view online - details of the loan taken out by my closed company?
    No. That sort of data is not in the public domain.
    I am an Independent Financial Adviser (IFA). Comments are for discussion purposes only. They are not financial advice. Different people have different needs and what is right for one person may not be for another. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
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