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  • FIRST POST
    • ADAM001
    • By ADAM001 1st Dec 17, 10:42 AM
    • 134Posts
    • 25Thanks
    ADAM001
    ppi acceptance declaration legals
    • #1
    • 1st Dec 17, 10:42 AM
    ppi acceptance declaration legals 1st Dec 17 at 10:42 AM
    Hi,

    Iv'e just been made an offer for PPI - and am looking through the paperwork iv'e been sent and it says "by signing the acceptance declaration you are asked to provide a number of confirmations in respect of your complaint" i'm not sure what they are asking me.

    Also it states that by signing i am "entering into a formal settlement agreement and not to sign unless you intend to be legally bound by its terms"

    Again i'm unsure on this as it doesn't really state what this means - i'm unsure whether or not to go through with it as all the legal jargon is confusing.

    Anyone know what all this means?

    Thanks,
Page 1
    • zx81
    • By zx81 1st Dec 17, 10:48 AM
    • 14,400 Posts
    • 15,196 Thanks
    zx81
    • #2
    • 1st Dec 17, 10:48 AM
    • #2
    • 1st Dec 17, 10:48 AM
    It means 'do you want the money or not?'.

    If you want it, and therefore have your complaint satisfied, you sign it.

    If you have evidence they have made a mistake, don't sign it and let them know why.
    • ADAM001
    • By ADAM001 1st Dec 17, 10:53 AM
    • 134 Posts
    • 25 Thanks
    ADAM001
    • #3
    • 1st Dec 17, 10:53 AM
    • #3
    • 1st Dec 17, 10:53 AM
    I'm happy with the offer to be honest - i just didn't want to get into a load of legal hassle for a few hundred quid if you catch my drift.
    • Moneyineptitude
    • By Moneyineptitude 1st Dec 17, 11:01 AM
    • 18,906 Posts
    • 10,122 Thanks
    Moneyineptitude
    • #4
    • 1st Dec 17, 11:01 AM
    • #4
    • 1st Dec 17, 11:01 AM
    Iv'e just been made an offer for PPI - and am looking through the paperwork iv'e been sent and it says "by signing the acceptance declaration you are asked to provide a number of confirmations in respect of your complaint" i'm not sure what they are asking me.
    Originally posted by ADAM001
    They just don't want you to complain again in future. They want to be sure that this is the end of the matter.

    Enjoy your redress!
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