PPI Reclaiming Discussion Part 5

dunstonh

They attached a PPI mis-sell complaint form for me to complete which has several questions regarding my personal financial circumstances at the time the card was taken out. These seem to be intrusive and somewhat irrelevant, do I have to fill in the form or, should I send a complaint letter using your template?

If you are making allegations of wrongdoing then you need to state the reasons and provide background. The questions asked are not intrusive and are relevant to a PPI complaint.

You can choose not to answer them but it will only hurt your complaint if you dont. It means they would not have to consider any potential wrong doing in that area.

Ian_Lowe

Thanks for the speedy response, just a little clarification please.

Even such things as how long any sickness pay would be for and how much savings we had?

dunstonh

Ian_Lowe wrote: »

Thanks for the speedy response, just a little clarification please.

Even such things as how long any sickness pay would be for and how much savings we had?

That is important information and highly relevant.

For example, if you had sick pay for 6 months and the PPI wouldn't pay out if you received sick pay, then it would be an upheld complaint. (most PPI will pay out in addition to sick pay but some doesn't).

most firms have a database of employer benefits but yours may not be in their archive. Or yours may be different. Hence they why ask you. Dont go telling them porkies though. If they have your employer in the database and it tells them you had say 6 weeks sick pay and you tell them you had 12 months, they will usually ask you for evidence of that.

For savings, if you had large savings balances then advised sales of PPI should take that into account (but non-advised sales dont need to). Again, they are known to sometimes ask for evidence.

Nasqueron

Ian_Lowe wrote: »

Thanks for the speedy response, just a little clarification please.

Even such things as how long any sickness pay would be for and how much savings we had?

You don't have to but if you had good sick benefits it will help your complaint that the PPI was not needed, ditto the savings. If you ignore it they will just assume you had basic SSP and no savings (as the majority of workers do)

Ian_Lowe

Thanks again for such speedy responses, can I say what a wonderful site/asset this is!

MarkP80

I used to do freelance work via a limited company (sole director with my wife). I was mis-sold (I believe) several policies for unemployment cover.
The bank have told me that any claim would be paid to the company, not me, and as the company is now dissolved they will not take the claim any further. However, the company was closed down more than 6 years ago and cannot therefore be reopened.
So, on face value, it seems I can't take this legitimate claim any further. This seems a bit harsh under the circumstances - is there anything else I can do?

Thanks,
MarkP

dunstonh

MarkP80 wrote: »

I used to do freelance work via a limited company (sole director with my wife). I was mis-sold (I believe) several policies for unemployment cover.
The bank have told me that any claim would be paid to the company, not me, and as the company is now dissolved they will not take the claim any further. However, the company was closed down more than 6 years ago and cannot therefore be reopened.
So, on face value, it seems I can't take this legitimate claim any further. This seems a bit harsh under the circumstances - is there anything else I can do?

Thanks,
MarkP

The bank is correct. The authorised signatory of the legal entity has to make the complaint and a dissolved company doesnt have an authorised signatory.

The proceeds on a successful complaint would be paid to the company and HMRC would need to be notified as it would be treated as profit and you would have to draw the money from the company as salary or dividends. Not only paying for reopening (if it was possible) but dissolving again.

Its not harsh. It is just the reality that you are not the entity that had PPI. The company was.

Bank PPI sold to directors of companies did tend to cover you because it was a commercial PPI policy rather than individual.

fd1972uk

Hi All,

Wondering if anyone can help.

Got a letter from a claims Co we used to claim back ppi a few years ago. Said we may have potential commission claim on a previous successful ppi claim (think near £4k).

Just wondering if anyone has any idea if this is something I could tackle myself, tried looking up templates but directed to ppi letters.

Not clued up in all this to be honest.

Was thinking of signing the letter and letting them get on with it. Not sure what amount it could be and thinking it's money I'm not expecting anyway.

TIA.

FD

Daffgirl

I did a claim through a claim agency a couple of years ago. One of the claims they did on my behalf was for a loan from Northern Rock which I had with my now ex boyfriend. They(NR) said that because it is a joint loan it needs both of us to sign the claim form before they look into it. Is that correct? I have seen other posts on the forum of people getting 50% from joint loans so does it depend what company you are claiming from?
I really don't want to be in contact with my ex again, no amount of money would be worth that!
Can I try again with a direct claim myself or is it too late if I already tried before?
Thanks

[Deleted User]

You've already complained once.

You only get one go and the claims company will charge you regardless.