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MSE News: Banks put PPI claims on hold in defiance of regulator

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Comments

  • petecorfu wrote: »
    im sure it was thebigdog not debt 55 that said these things!
    It wasn't me! I've just sent you a reply Pete.

    TBD.
  • TheBigDog wrote: »
    It wasn't me! I've just sent you a reply Pete.

    TBD.

    Originally Posted by TheBigDog viewpost.gif
    I think there is an announcement coming from the FSA, but unfortunately - it's not going to be good news. I'm not willing to divulge my source, but come the 24-28th of January, whoever's going to be battling it out in that Courtroom - it's not going to be the FSA and the BBA. Pi**ed off is putting it mildly.

    TBD.

    Hi TBD - was the above yours and what did it mean?

    Thanks
  • It was debt.

    Look all of you out there arguing and tormenting each other and your own minds.

    Go and read the JR application for urgent consideration, if you have the head and patience for it.

    Please for those peeps who thinks it is all about pre 2005 sales etc, you are not up to speed to put it mildly.

    Of course I am extremely angry at the banks for thinking that they should not have to not only give back just about all PPI plus stat interest to just about every customer and at the same time kiss every customers !!!! and say sorry for their criminal acts, as they know as well as I DO that they were in most cases making more money from the PPI than the actual lending.

    The FSA/FOS have some powerful evidence up their sleeves, so lets all wait and see, I believe consumers will come out on top and please consumers be careful of the frontloaded interest loans re early settlement or paying part of the loan off, another sneaky illegal act buy the RATS!!!:mad::mad:
  • Alpine_Star
    Alpine_Star Posts: 1,372 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Look all of you out there arguing and tormenting each other and your own minds.

    Go and read the JR application for urgent consideration, if you have the head and patience for it.

    But I've read it?
  • tiggrae
    tiggrae Posts: 1,771 Forumite
    edited 18 November 2010 at 11:11PM
    Look all of you out there arguing and tormenting each other and your own minds.

    Go and read the JR application for urgent consideration, if you have the head and patience for it.

    Please for those peeps who thinks it is all about pre 2005 sales etc, you are not up to speed to put it mildly.

    Of course I am extremely angry at the banks for thinking that they should not have to not only give back just about all PPI plus stat interest to just about every customer and at the same time kiss every customers !!!! and say sorry for their criminal acts, as they know as well as I DO that they were in most cases making more money from the PPI than the actual lending.

    The FSA/FOS have some powerful evidence up their sleeves, so lets all wait and see, I believe consumers will come out on top and please consumers be careful of the frontloaded interest loans re early settlement or paying part of the loan off, another sneaky illegal act buy the RATS!!!:mad::mad:
    Could you direct me to where a copy of the application resides, I've seen the original Claim put forward by the BBA (the claim being defined as the request for a Judicial Review), but nothing on the application - an application comes from the Defendant in a case (ie in this case the FSA) usually to have the claim stuck out or regarding a question of law / the legality of the Claim.

    It is made in as an adendum to the original claim, but I've yet to see a copy of what the application to be heard on the 25th January actually contains
  • Alpine_Star
    Alpine_Star Posts: 1,372 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    tiggrae wrote: »
    Could you direct me to where a copy of the application resides, I've seen the original Claim put forward by the BBA (the claim being defined as the request for a Judicial Review), but nothing on the application - an application comes from the Defendant in a case (ie in this case the FSA) usually to have the claim stuck out or regarding a question of law / the legality of the Claim.

    It is made in as an adendum to the original claim, but I've yet to see a copy of what the application to be heard on the 25th January actually contains

    The application we're talking about is what you refer to as the 'claim' (Judicial Review-application for urgent consideration N483/1 or N463) http://www.hmcourts-service.gov.uk/courtfinder/forms/N463_0709.pdf

    I think what you mean is the Acknowledgment Of Service which is a separate form (N462 which all defendants are required to file in response within 21 days) http://www.hmcourts-service.gov.uk/courtfinder/forms/N462_web_0109.pdf

    The AOS's from the FSA & FOS have not been released by the court yet but are due to be shortly.
  • For those waiting for repayment from Lloyds then just hang on in there. They received my complaint acceptance form on the 29th September and have only today taken the LPI amount off my outstanding loan amount. Happy days for me!
    MFW: Original May '16 £203,995
    Current £200,837.58
  • amersall
    amersall Posts: 17,037 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    IanW1983 wrote: »
    For those waiting for repayment from Lloyds then just hang on in there. They received my complaint acceptance form on the 29th September and have only today taken the LPI amount off my outstanding loan amount. Happy days for me!
    :beer:Well done and congrats :T
  • di3004
    di3004 Posts: 42,579 Forumite
    Hello folks :D

    My hubby received the remainder of his payout from Lloyds, it was in the bank this morning.

    This is a payment that was owed, where they did not pay enough in March of this year, and dealt with by the FOS, so don't think this would have been involved with the JR as its in regards of a case dealt with earlier of this year, but hubby is happy anyway.:beer:
    The one and only "Dizzy Di" :D
  • tiggrae
    tiggrae Posts: 1,771 Forumite
    The application we're talking about is what you refer to as the 'claim' (Judicial Review-application for urgent consideration N483/1 or N463) http://www.hmcourts-service.gov.uk/courtfinder/forms/N463_0709.pdf

    I think what you mean is the Acknowledgment Of Service which is a separate form (N462 which all defendants are required to file in response within 21 days) http://www.hmcourts-service.gov.uk/courtfinder/forms/N462_web_0109.pdf

    The AOS's from the FSA & FOS have not been released by the court yet but are due to be shortly.
    right, thanks for that - that's the problem when different phrases get used for different purposes
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