Companies in Default/FSCS Claims - Picture, London Scottish, Twopart

di3004

sal7 wrote: »

Hi Sal7 hello:hello::hello: and welcome to our thread and you are now a picturite lol we will sort out challenging the loan together there are afew on here want to challenge their loans.:D

Thanks. I have been reading with interest but as my loan did not have PPI I didn't think anything could be done. I'm very glad to be a picturite and wish everyone good luck in getting PPI sorted. It all sounds horribly slow and complicated. I'm claiming PPI from first plus but just at the beginning so looks like I have a very long way to go.:rolleyes:

Hello and welcome Sal7 :beer:
We wish you luck with all your reclaims.

I have a case also with the FSCS, but not with Picture, the company is that of Twopart ltd, still waiting though for them to be declared in default, I think I have a very long wait yet, been waiting over a year already, but hopefully won't be waiting much longer for their final part of their investigations.;)

Again good luck and these on here are wonderful and will help you through this and other claims.:beer:

Di
X

marshallka

sal7 wrote: »

Hi Sal7 hello:hello::hello: and welcome to our thread and you are now a picturite lol we will sort out challenging the loan together there are afew on here want to challenge their loans.:D

Thanks. I have been reading with interest but as my loan did not have PPI I didn't think anything could be done. I'm very glad to be a picturite and wish everyone good luck in getting PPI sorted. It all sounds horribly slow and complicated. I'm claiming PPI from first plus but just at the beginning so looks like I have a very long way to go.:rolleyes:

WOw, no PPI on your loan:eek:. Never heard of that before??

dialysis

marshallka wrote: »

Right all you Picture claimers and complainers.

From what I have found out Picture Finance entered into a Creditors liquidation and looking at that one its one whereby the voluntary do it cause they usually have other things in mind.

I have found the directors names (I think they are directors) and one of them (now inactive) got awarded an OBE in 2006

Neville Robert Allport. Chief executive, Picture Financial Group. For services to the Financial Services Industry and to charitable services in Wales. (Cardiff, South Glamorgan)

The person who is still there now is named Warren Henry Justice and he is an active part in Picture.

I have just done a search on the now "inactive" director (ALLPORT) and it seems before Picture he had his hands in Firstplus of all firms!!!!

http://en.wikipedia.org/wiki/User:Trident13/NAllport

I want to find out if Picture have opened any more companies just lately and if these directors can be held responsible for any compensations. I thought there was something about directors and liability?? Have all the picture companies closed now completely? Weren't they a group company???

Hi Marshallka I posted a while ago about info I got from a website that if it can be proved that a company have gone into liquidation on purpose so to speak then the directors can be held responsible I will try and find out which site it is. As always you have come up with the goods thank you so much:T:T:TWhat I am totally confused about though is who are Picture home loans they are repossessing us so who have target taken over totally confused

sal7

Well, like I said I'm going to check the paperwork. Still very new to all this!!

marshallka

dialysis wrote: »

Hi Marshallka I posted a while ago about info I got from a website that if it can be proved that a company have gone into liquidation on purpose so to speak then the directors can be held responsible I will try and find out which site it is. As always you have come up with the goods thank you so much:T:T:TWhat I am totally confused about though is who are Picture home loans they are repossessing us so who have target taken over totally confused

From the website
Target Loan Servicing Limited is authorised and regulated by the Financial Services Authority 454569 and is the service provider for Picture Home Loans (No.1) Limited and Picture Home Loans (No.2) Limited - collectively referred to as “Picture”. Picture’s trading address is Picture, PO Box 732, Newport NP20.
Picture Home Loans (No.1) Limited is registered under company number 06617583.
Picture Home Loans (No.2) Limited is registered under company number 06617597.
Each of these companies is registered in England and Wales, and their registered office is:
35 Great St. Helen's, London EC3A 6AP.

dialysis

marshallka wrote: »

From the website
Target Loan Servicing Limited is authorised and regulated by the Financial Services Authority 454569 and is the service provider for Picture Home Loans (No.1) Limited and Picture Home Loans (No.2) Limited - collectively referred to as “Picture”. Picture’s trading address is Picture, PO Box 732, Newport NP20.
Picture Home Loans (No.1) Limited is registered under company number 06617583.
Picture Home Loans (No.2) Limited is registered under company number 06617597.
Each of these companies is registered in England and Wales, and their registered office is:
35 Great St. Helen's, London EC3A 6AP.

Thanks marshallka so it is still Picture have the company gone bust and then set up under another name? If so surely that cant be right they have basically got out of their responsibilites with regards to compo?

di3004

marshallka wrote: »

From the website
Target Loan Servicing Limited is authorised and regulated by the Financial Services Authority 454569 and is the service provider for Picture Home Loans (No.1) Limited and Picture Home Loans (No.2) Limited - collectively referred to as “Picture”. Picture’s trading address is Picture, PO Box 732, Newport NP20.
Picture Home Loans (No.1) Limited is registered under company number 06617583.
Picture Home Loans (No.2) Limited is registered under company number 06617597.
Each of these companies is registered in England and Wales, and their registered office is:
35 Great St. Helen's, London EC3A 6AP.

Picture's trading address is about 3 miles from where I live.....:o

dialysis

di3004 wrote: »

Picture's trading address is about 3 miles from where I live.....:o

Oh great Di can you knock on their door and ask whats happening with our claims please:rotfl::rotfl::rotfl:

marshallka

I am confused now Dialysis as Picture Home loans no 1 (which is who are threatening you) are still trading and they are here on companies house and INCORPORATED IN 2008

name & Registered Office:
PICTURE HOME LOANS (NO.1) LIMITED
35 GREAT ST. HELEN'S
LONDON
EC3A 6AP
Company No. 06617583

Status: Active
Date of Incorporation: 11/06/2008

Country of Origin: United Kingdom
Company Type: Private Limited Company
Nature of Business (SIC(03)):
6523 - Other financial intermediation
Accounting Reference Date: 31/12
Last Accounts Made Up To: (NO ACCOUNTS FILED)
Next Accounts Due: 30/09/2009
Last Return Made Up To: 11/06/2009
Next Return Due: 09/07/2010
Last Members List: 11/06/2009

dialysis

marshallka wrote: »

I am confused now Dialysis as Picture Home loans no 1 (which is who are threatening you) are still trading and they are here on companies house

name & Registered Office:
PICTURE HOME LOANS (NO.1) LIMITED
35 GREAT ST. HELEN'S
LONDON
EC3A 6AP
Company No. 06617583

Status: Active
Date of Incorporation: 11/06/2008

Country of Origin: United Kingdom
Company Type: Private Limited Company
Nature of Business (SIC(03)):
6523 - Other financial intermediation
Accounting Reference Date: 31/12
Last Accounts Made Up To: (NO ACCOUNTS FILED)
Next Accounts Due: 30/09/2009
Last Return Made Up To: 11/06/2009
Next Return Due: 09/07/2010
Last Members List: 11/06/2009

They are the ones who are repossesing and I think that is Picture. I dont understand at all who is bloody who I have never had a letter from target and the letter from the solicitor defo said Picture home loans