Loancheck/Watsons Solicitors

maxdp

Tee Hee Very funny Marshallka. And very true as well.

No I have not heard anything so am going to send a complaint in I think. Been a bit hectic today so will compose it today to send tomorrow.

Hmm do you think they have all imploded.LOL

maxdp

Just to put a smile on your face.

How many personal injury attorneys does it take to change a light bulb?
Three–one to turn the bulb, one to shake him off the ladder, and the third to sue the ladder company.

Did you hear about the lawyer hurt in an accident?
An ambulance stopped suddenly.

pinknico

maxdp wrote: »

Pinknico

Have you heard anymore re Black Knight?

Spookily got a letter from a solicitor saying my case had been passed to them. Have to confirm ID and send back forms giving the go ahead.
Will keep you posted!

This solicitor knew about the long wait I had had and why etc.xx

maxdp

pinknico wrote: »

Spookily got a letter from a solicitor saying my case had been passed to them. Have to confirm ID and send back forms giving the go ahead.
Will keep you posted!

This solicitor knew about the long wait I had had and why etc.xx

Oh Fabulous Pinknico hope this goes ok for you.

millwallpaul

I have had my claim running now for 3 years. I started doing it myself and was in much appreciated dialog with Marshallka (Karen) and tiggrae to name a few, but hit a stonewall when the broker, Bespoke, wasn't registered, meaning I would have to go the court route, which worried me.

It was at this time petermb contacted me recommending to use his company and then loancheck.

My case was held up in loancheck for about a year because the finance came from Barclays which also owns First Plus, who I was claiming against. Once this was finally sorted, my case was passed to Watsons, who have done precisely nothing with it since, regardless of my constant phone calls and letters, with the last letter stating that I wished to cancel my contract on the advise of Citizens Advice. I never received a reply to this and was waiting 28 days, but I then received a letter from Black Night explaining that Watsons hadn't worked with my best interests and it was being transfered to another solicitor which is Stokes & co.

Having read through this thread and the loancheck, it has been said that only solicitors can pass between themselves which is not the case with me.

I do not want to go with the new solicitor until many questions have been answered and I intend to write to them asking for a full breakdown of what my case is worth, which I have never had, and confirm that I am not liable for any fees win or lose, but would welcome any further suggestions.

Another concern is that if I do not go with Stokes, will one of the companies ie Black Knight, Watsons come after me for breaking the contract although i hope the Watsons one is void as I have been sent a new CFA to sign with Stokes.

I would like to do it on my own if it is easier now, or preferably go to the FOS, but not sure if this is still possible as Bespoke were not regulated, so would have to go after First Plus.

Another concern is my Loan finished in December 2002, so am I out of time to go down some or all of the routes, although I have most of my paperwork and guess that Stokes now have a relevant documents that Loancheck got with my SAR.

Any help appreciated as I truly don't know what to do for the best.

marshallka

millwallpaul wrote: »

I have had my claim running now for 3 years. I started doing it myself and was in much appreciated dialog with Marshallka (Karen) and tiggrae to name a few, but hit a stonewall when the broker, Bespoke, wasn't registered, meaning I would have to go the court route, which worried me.

It was at this time petermb contacted me recommending to use his company and then loancheck.

My case was held up in loancheck for about a year because the finance came from Barclays which also owns First Plus, who I was claiming against. Once this was finally sorted, my case was passed to Watsons, who have done precisely nothing with it since, regardless of my constant phone calls and letters, with the last letter stating that I wished to cancel my contract on the advise of Citizens Advice. I never received a reply to this and was waiting 28 days, but I then received a letter from Black Night explaining that Watsons hadn't worked with my best interests and it was being transfered to another solicitor which is Stokes & co.

Having read through this thread and the loancheck, it has been said that only solicitors can pass between themselves which is not the case with me.

I do not want to go with the new solicitor until many questions have been answered and I intend to write to them asking for a full breakdown of what my case is worth, which I have never had, and confirm that I am not liable for any fees win or lose, but would welcome any further suggestions.

Another concern is that if I do not go with Stokes, will one of the companies ie Black Knight, Watsons come after me for breaking the contract although i hope the Watsons one is void as I have been sent a new CFA to sign with Stokes.

I would like to do it on my own if it is easier now, or preferably go to the FOS, but not sure if this is still possible as Bespoke were not regulated, so would have to go after First Plus.

Another concern is my Loan finished in December 2002, so am I out of time to go down some or all of the routes, although I have most of my paperwork and guess that Stokes now have a relevant documents that Loancheck got with my SAR.

Any help appreciated as I truly don't know what to do for the best.

Hi Millwallpaul, I remember your case cause it was against Bespoke Finance and I remember you said that Peter was going to help you. As you received a letter from Black Knight saying it was going to be passed to another solicitor then I assume you have a choice in this and if you do not wish to proceed with it then you can withdraw?? I would think that Watsons could not bill you either but I know that some on here have said they are at threat. If Watsons have "dropped" the case then I cannot see how you have broken the contract at all although do not know how these things work TBH. You would need it in writing though that Watsons cannot charge you anything to be sure. Maybe they are allowed to offer you another solicitor under the same terms?

Also IF you do decide to go with the new solicitor then you really need to thoroughly read through anything you sign and ask if you would be charged anything at all for this win or lose. Also a timescale thing would be good to ask and get in writing.

I am sorry that you are having this trouble against a firm which I know were absolute murder for you from day one. You could not make the complaint against Firstplus for the sale made by Bespoke (who are a law unto themselves) as FOS would not accept it but just hope you make the right decision here. You need to see if you can withdraw completely without charge first before doing anything else.

maxdp

millwallpaul wrote: »

I have had my claim running now for 3 years. I started doing it myself and was in much appreciated dialog with Marshallka (Karen) and tiggrae to name a few, but hit a stonewall when the broker, Bespoke, wasn't registered, meaning I would have to go the court route, which worried me.

It was at this time petermb contacted me recommending to use his company and then loancheck.

My case was held up in loancheck for about a year because the finance came from Barclays which also owns First Plus, who I was claiming against. Once this was finally sorted, my case was passed to Watsons, who have done precisely nothing with it since, regardless of my constant phone calls and letters, with the last letter stating that I wished to cancel my contract on the advise of Citizens Advice. I never received a reply to this and was waiting 28 days, but I then received a letter from Black Night explaining that Watsons hadn't worked with my best interests and it was being transfered to another solicitor which is Stokes & co.

Having read through this thread and the loancheck, it has been said that only solicitors can pass between themselves which is not the case with me.

I do not want to go with the new solicitor until many questions have been answered and I intend to write to them asking for a full breakdown of what my case is worth, which I have never had, and confirm that I am not liable for any fees win or lose, but would welcome any further suggestions.

Another concern is that if I do not go with Stokes, will one of the companies ie Black Knight, Watsons come after me for breaking the contract although i hope the Watsons one is void as I have been sent a new CFA to sign with Stokes.

I would like to do it on my own if it is easier now, or preferably go to the FOS, but not sure if this is still possible as Bespoke were not regulated, so would have to go after First Plus.

Another concern is my Loan finished in December 2002, so am I out of time to go down some or all of the routes, although I have most of my paperwork and guess that Stokes now have a relevant documents that Loancheck got with my SAR.

Any help appreciated as I truly don't know what to do for the best.

Hi there as Marshall ka has stated you need to make sure that Watsons have released you from the Contract so that you have no further charges. As my own case with them they have not kept me updated every 28 days which it says in your contract that they should do. They can only change solicitor if you agree and before they do that make sure that Watsons are not going to bill you for charges they have incurred so far.

If you look at the contract that you signed they say that they will keep you informed every 28 days. If they have not done that then I would say complain to the law society.

I know that in the early days Peter said that Barclays were funding so that they could not take on any Barclays Cases e.g. First Plus and they were trying to look at alternative funders so that they could take these cases on.

Watsons should not have transferred you to another Solicitor without your say so.
Sorry you have had to wait so long. Let us know your response to these.

marshallka

This from the document that was posted up earlier about how the Loancheck works with solicitors

Severn Administration initial analysis
Utilising the information provided by the lender only, Severn undertakes an analysis. With the resultant prima facie case being recorded in the form of a LoanCheck ‘Risk Assessment’.
Whilst the Potential Claimant is ostensibly the client of the Strategic Partner (Insolvency Practitioner, IFA etc) Severn Administration are bound by agreement with the Strategic Partner to conclude the Risk Assessment diligently and within agreed time frames.


The Procedure (Solicitor Involvement Stage)

The Solicitor is sent the Risk Assessment(s) in pre agreed batches. Provided free of charge to the Solicitor.
The Solicitor is under no obligation to accept any individual Case. We would ask for an explanation of the reasons for rejection to assist in development and the dissemination of ‘best practice’, however we have not presented a case that has been rejected to date.
The Solicitor accepts the case based on their legal evaluation of the case, and is encouraged to talk directly with the client during this process.
The Legal process relies on the implementation of a Conditional Fee Agreement (CFA), and associated After the Event (ATE) Legal Expenses Insurance.
On acceptance of a case, the Solicitor engages the Client, as per Law Society regulation, and the Client accepts the Solicitor as representing them on the identified issue(s).
The Solicitor is responsible for the instigation of an ATE Insurance Policy on behalf of the client and the payment of associated disbursement costs as per the CFA Regulations.


Insurance

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).

Funding

Whilst Severn’ receive no financial gain from the application of Litigation Funding it was recognised that some Solicitors may require the utilisation of Funding to facilitate their involvement in the LoanCheck opportunity. Severn has forged a strategic partnership with a subsidiary of a high street bank who offer ‘Case Funding’ for LoanCheck cases at a current interest rate of 14.7%




Post Case Induction

Following the initial induction of the case, the Solicitor will in no way be hindered in the application of the legal process as best suits the individual case and their client. Whilst having a vested interest in the process, Severn will limit itself to;

The provision of the first stage Audit (post client retainer)
The provision of the Second stage Audit if required (post pre action disclosure request)
The provision of further Audits as requested by the Solicitor
The provision of general or specific advice as requested by the Solicitor

millwallpaul

The new CFA from Stokes makes even worse reading than Watsons to be honest so I won't be signing with them. It basically reads that I am liable for all or part of basic fees, disbursments and success fee and they will try to get me it back from the defendant, but no promises. They also want me to start without an insurance against charges if I lose and they will endevour to get me one as the case progresses. It is all one sided and leaves me open to charges at the end win or lose with little say on how my case progresses.

I will fire a letter off to Mr Watson asking for written confirmation that my contract has been cancelled with no charges. Do you think I should write to Black Night as well stating that I no longer wish to pursue the claim, as they seem to be the driving force now. In their letter they state that because they provide disbursement funding to Watsons in connection with my case, they are in a position to remove my file from a solicitor if they are not acting in my best interests.

Max, Citizens Advice told me that the 28 days wasn't a good argument as it only states he will endevour to update on progress every 28 days. The best argument is what Black Night used to explain to me why they had taken it off Watsons:

In accordance with Rule 2.1 of Solicitors' Code of Conduct 2007, a solicitor is required to cease acting for a client in the following circumstances:-

(a) When to act would involve the solicitor in a breach of the law or a breach of the rules of professional conduct;

(b) Where a solicitor has insufficent resources or lack of competance to deal with the matter.

Hope this helps.

Hopefully this all works out and I ain't tied to anyone anymore, but does that then mean that my claim is dead in the water or are there other avenues I can go down on my own.

tiggrae

millwallpaul wrote: »

The new CFA from Stokes makes even worse reading than Watsons to be honest so I won't be signing with them. It basically reads that I am liable for all or part of basic fees, disbursments and success fee and they will try to get me it back from the defendant, but no promises. They also want me to start without an insurance against charges if I lose and they will endevour to get me one as the case progresses. It is all one sided and leaves me open to charges at the end win or lose with little say on how my case progresses.

I will fire a letter off to Mr Watson asking for written confirmation that my contract has been cancelled with no charges. Do you think I should write to Black Night as well stating that I no longer wish to pursue the claim, as they seem to be the driving force now. In their letter they state that because they provide disbursement funding to Watsons in connection with my case, they are in a position to remove my file from a solicitor if they are not acting in my best interests.

Max, Citizens Advice told me that the 28 days wasn't a good argument as it only states he will endevour to update on progress every 28 days. The best argument is what Black Night used to explain to me why they had taken it off Watsons:

In accordance with Rule 2.1 of Solicitors' Code of Conduct 2007, a solicitor is required to cease acting for a client in the following circumstances:-

(a) When to act would involve the solicitor in a breach of the law or a breach of the rules of professional conduct;

(b) Where a solicitor has insufficent resources or lack of competance to deal with the matter.

Hope this helps.

Hopefully this all works out and I ain't tied to anyone anymore, but does that then mean that my claim is dead in the water or are there other avenues I can go down on my own.

Hi Paul, yes there are but only on the reclaim of the PPI, I think this trying to get the loan written off is both legally and morally wrong - what's the status of your loan now with First Plus ?