PPI Claims after bankruptcy

[Deleted User]

troosers wrote: »

If that's the case then I don't understand why I've already received compensation from other banks that were creditors in the bankruptcy?????

These Banks have obviously not been aware that you were a
bankrupt. You got lucky, but now your luck has run out...

You'll need to complain to the Ministry Of Justice about the Claims Company you employed, otherwise you'll be liable for their bill.

PippaGirl_2

Also, you will need to hand over the money you have already successfully claimed to the OR as the money belongs to them.

troosers

oops, I have a problem then as most of it has gone but I have a letter from the trustee in bankruptcy advising me to reclaim and that they have a company who can handle this for me. Hope this gives me some hope if anyone comes after the money.

debtinfo

It may say to reclaim,but does it say that you can keep the proceeds, what is the exact wording?

troosers

Exact wording reads,
I refer to my appointment as Trustee in your insolvency which I appreciate may have been finalised some years ago.
I write to advise you that, although it is unlikely you did not pay off your creditors in full,you may still be entitled to a repayment of mis-sold payment protection insurance. In general Banks are not allowed to set-off payment protection refunds due from mis-selling against outstanding debts. Accordingly you should be in no different position than any other individual pursuing these claims.
This was followed by
My own firm has employed a company who specialises in recovering PPI, BLAH, BLAH, If you decide that you would wish this company to act on your behalf I can ask them to contact you.
The letter is dated 4 April 2012 and I contacted the Trustee on receipt of the letter.

debtinfo

hmm thats certainly interesting and could easily be interpreted as you have, although it is not the stance i would normally expect to be taken

[Deleted User]

debtinfo wrote: »

hmm thats certainly interesting and could easily be interpreted as you have, although it is not the stance i would normally expect to be taken

Yes, I've certainly heard of insolvency practicioners recommending certain Claims Company (probably get a fee from them)-but usually only to IVA or DMP etc customers, not full bankrupts.
This could now get interesting...

troosers

Well I think I've had enough aggro from the claims company. I've signed agreeing for the comp to be paid to the arrears and I can pay the Claims company from the previous successful claim. At least I will be finished dealing with them and that will make me feel a lot better.

PippaGirl_2

troosers wrote: »

Exact wording reads,
I write to advise you that, although it is unlikely you did not pay off your creditors in full,you may still be entitled to a repayment of mis-sold payment protection insurance. In general Banks are not allowed to set-off payment protection refunds due from mis-selling against outstanding debts. Accordingly you should be in no different position than any other individual pursuing these claims.

I could read that differently though. I could read it as

troosers wrote: »

I write to advise you that, although it is unlikely you did not pay off your creditors in full,you may still be entitled to a repayment of mis-sold payment protection insurance with which you could then pay off more of your debt to us/your creditors

So as, saying you can still claim your PPI in order to provide more of your estate to the OR.

magpiecottage

Moneyineptitude wrote: »

You'll need to complain to the Ministry Of Justice about the Claims Company you employed, otherwise you'll be liable for their bill.

He can't - he is in Scotland and the MOJ has no jurisdiction there.