Welcome Finance ! PPI Question

stokelady

Hi

I fell behind with Welcome Finance payments and am currently paying £30 per month attachment of earnings as instructed by the courts.

I have been paying for some time now and have discovered that my repayments include PPI.

I have sent them the sample letter re- missold PPI and they have sent me their standard questionairre that I have completed and sent back. Couple of weeks later and I have received an apology letter for the time taken and aknowledgment that they are looking into my complaint and that they will send me the outcome within 4 weeks.

What I was wondering is........

1) am I still entitled to claim back any PPI paid even though I am on an attachment of earnings with my repayments due to defaults?

2) If succesful are they likely to knock any refund off my outstanding balance rather than refunding back to me?

3) I hear Welcome finance are in trouble, if the company were to disolve how would I go about cancelling my attachment of earnings?

4) Does the time taken and aknowledgment look promising towards a refund?

Any other info/advice much appreciated.

Thanks

DarkConvict

You should post this in the PPI reclaim forums - http://forums.moneysavingexpert.com/forumdisplay.html?f=169

1) If PPI is misold you can claim it back
2) If you do not ask they will refund the account, but you are allowed to be paid by cheque or bank transfer to an account fo your choice
3)If WF dissolve the debt you owe to them will likely be sold to another company to try and presue as a debt is an asset that can be sold. But claiming back PPI if a company goes bust might prove difficult.
4) No idea, i haven't tried PPI reclaiming myself.