loancheck/solicitors claiming ppi

maxdp

If they have not gone to a Solicitor yet then there would not have been a complaint gone to the Lender so they would not sent a reply plus the FINAL RESPONSE so surely some of these can still be claimed or if turned down go through FOS.

maxdp

kate705 wrote: »

I agree with you but loancheck has been wound up so we have missed our chance haven't we? Or do you mean Watsons? Or whole of that group of companies?

Kate these companies are phoenix companies they keep closing down, but changing their name before they do so, then rising out of the gutter under another name. They seem to just get away with it all the time.

maxdp

marshallka wrote: »

Thanks for that Thomas123. I see that kate then would be best going to the Law Society as her complaint was already with Watsons.

Lets hope she is the first of many like you said previously.

Perhaps write to Watsons first saying you are going to the Law Society. Would it be like going straight to the FOS rather than communicating with the Lender. If you see what I mean.

marshallka

THOMAS123 wrote: »

The old Loancheck ceased trading in 2006 and the new one (Severn Administration) started in early 2007.

Most of the work came from Professional Investments Limited (Petermb) until they went bust in Summer 2008.

Loancheck Foundation (now yourloancheck.com limited) started in January 2008

I think most people here would have been dealt with by The Loancheck Foundation

If you look at loancheck.eu/company.asp it clearly states "LoanCheck has also established the infrastructure necessary to allow consumers to pursue lenders in such a way that they can do so without further financial risk to themselves".

Yes I noticed the FSA were mentioned in this document
http://www.loancheck.eu/pdfs/LoanCheck.pdf

For clarity and in line with FSA regulations Severn will pass the Solicitors details to the Insurance Company or its Broker at the appropriate time to allow for completion of separate contracts and explanation of contractual obligations.
The Solicitor, as authorised by the FSA, are contracted to the Insurance Provider allowing them to offer the ATE Insurance policy to their client in line with CFA based litigation procedures. The Client being the insured, (However the proceeds of any claim are assigned to the Lawyer).

marshallka

maxdp wrote: »

Perhaps write to Watsons first saying you are going to the Law Society. Would it be like going straight to the FOS rather than communicating with the Lender. If you see what I mean.

In any official complaint you have to go through the internal complaints procedure but I would not think you have to give them 8 weeks. I would think that 7 days is sufficient?

marshallka

maxdp wrote: »

Kate these companies are phoenix companies they keep closing down, but changing their name before they do so, then rising out of the gutter under another name. They seem to just get away with it all the time.

BUT yourloancheck (previous name Loancheck foundation) is not closed down but who did you go through in the first place. They have had their software stopped for some reason but they are still trading as far as I am aware. The links on their website are disabled.

marshallka

maxdp wrote: »

If they have not gone to a Solicitor yet then there would not have been a complaint gone to the Lender so they would not sent a reply plus the FINAL RESPONSE so surely some of these can still be claimed or if turned down go through FOS.

Only some complaints though maxdp as some ill be out of time won't they?

But surely all complaints 2 years old would have gone somewhere in the system. I cannot understand as ALL these complaints would have already been risk assessed by Loancheck and then sold to solicitors (if solicitors had to pay for the cases!!). I would think that SOME work should have been done. Didn't the solictors have to pay Loancheck for the cases. How did that work? Where did they get their money from to pay for the cases. I am sure there was a post about it and will try and find it.

maxdp

Marshallka

Did you see my post earlier today on watson thread where I quoted some of the terms and conditions.

I think Barclays funded the loans for the Solicitors. The Solicitors had to pay Severn Administration, but not the referrers.

Although SARN letters are sent out before Loancheck accept the case, they can then sit in the system until taken on by Solicitors it is only then that the Solicitors write and complain. So I suppose people could have been sitting in the system for ages and going nowhere. If that is the case these people need to complain straight away I would think,

maxdp

marshallka wrote: »

BUT yourloancheck (previous name Loancheck foundation) is not closed down but who did you go through in the first place. They have had their software stopped for some reason but they are still trading as far as I am aware. The links on their website are disabled.

I know. Mine was Loancheck, it is strange that they are still trading but you cannot contact them by letter, telephone call etc. they are just advertising themselves. How are they trading I am confused.

maxdp

marshallka wrote: »

In any official complaint you have to go through the internal complaints procedure but I would not think you have to give them 8 weeks. I would think that 7 days is sufficient?

If it is Watsons you have to complain straight to Andrew Watson. So I am reporting him to him if you see what I mean:( I have given him one week to answer complaints about himself.