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Companies in Default/FSCS Claims - Picture, London Scottish, Twopart
di3004
Forumite 42.6K Posts
This is a thread for MoneySavers to discuss claims for loan providers now in administration, including how to go about claiming, how claims are going and anything else reclaiming related.
Companies in administration:
Statement from the FSCS on Picture Finance
Statement from the FSA on London Scottish
Twopart Ltd
Companies in administration:
Statement from the FSCS on Picture Finance
Statement from the FSA on London Scottish
Twopart Ltd
The one and only "Dizzy Di" 
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Replies
Information I have about my claim:
It is with Deloitte. It is one of the older claims as my form was returned in the middle of August 2008, reference number under 50.
FSCS say all payments will be a cheque to ourselves ( unless you chose someone else on the form)
I have been told at the moment Deloitte are collecting data on the claims from Picture and the insurer. T his will then go to a senior claims handler to deal with and calculate. It then goes back to the FSCS for them to look at and draw up the cheque.
DS2 13/07/06
DD1 06/12/07
It has now been outsourced to deloitte and am hoping now that it has declared in default things will start moving at a faster pace.
My number is just under 300. My claim form was received at FSCS on 12th Sept 08.
Spoken to deloittes today and they say they have started looking at and calculating claims. They said FSCS are hoping for all claims to be sorted within 6 months from Picture being decalred in default, although they would not confirm that this would happen. Think their hands are tied in as much as the info they are allowed to give out.
xx
My claim was originally with the FOS and later transfered to Delloites In July 2008. My claim number is between 100 and 150.
I have spoken to deloittes who inform me that they are currently dealing with my claim. There is also many priority claims they are dealing with at the moment.
We have heard that any compesation would be repaid to us in form of a cheque.
Hopefully all claims will be dealt with by January 2010!!!!
DS2 13/07/06
DD1 06/12/07
And anyone else lurking!
DS2 13/07/06
DD1 06/12/07
DS2 13/07/06
DD1 06/12/07
I do think they tell you anything though, just to get you off the phone!!X
That they are calculating the claims and then they are sending them to FSCS to be checked.
I asked how long it would take and she said she could'nt say, only that fscs were hoping to complete within the 6 month timescale.
Do you think I could have mis-interpreted this
She says she wished she could give us some more info but was not able too.