PPI Reclaiming Discussion Part 5

-taff

they shouldn't.
The way it usually works is the bank pays you, and then you pay the company.
Since you didnt employ the company to work on your behalf, and they can't prove that you did, then you don't pay them.
If they start blustering that you owe them money, or your ex starts telling you do, tell them you didn't employ them yourself, she did, and that you intended in the future to make a complaint without engaging the services fo a claims compnay so all their fees are her problem, not yours.

confused19_2

Moneyineptitude wrote: »

They can't bill to your name unless you have signed a contract with them.

i have not signed anything - hope she didnt sign my name

confused19_2

-taff wrote: »

they shouldn't.
The way it usually works is the bank pays you, and then you pay the company.
Since you didnt employ the company to work on your behalf, and they can't prove that you did, then you don't pay them.
If they start blustering that you owe them money, or your ex starts telling you do, tell them you didn't employ them yourself, she did, and that you intended in the future to make a complaint without engaging the services fo a claims compnay so all their fees are her problem, not yours.

thanks for your help

cappo

Insider101 wrote: »

This is true, but a significant number of DCAs are, as the name implies, agents. Ie they are simply working to collect it on behalf of the bank and do not actually purchase the rights to the debt. They are just an outsourcer paid to chase the debt. In this situation I am not sure they would have the authority to decide what is or isn't acceptable in settlement?

That is true as in the case of say metroopolitan for HSBC and cabot it just depends as you say as to whether the debt has actually been purchased or is only collected, in any case i would say in your circumstances you would be better waiting until the debt is sold on then offering to settle under a full and final this is what i did, Good luck.

signet

:huh: Hi, Is anyone else out there having the same problem as us.?
We wrote to our bank, with our PPI claim, and no surprise were turned down. After contacting the Ombudsman, they decided in our favour, but after two recommendations to the bank to pay up, the bank are still quibbling. How long should we be made to wait, is there anything we can do?.
Signet.

MIKEY49

signet wrote: »

:huh: Hi, Is anyone else out there having the same problem as us.?
We wrote to our bank, with our PPI claim, and no surprise were turned down. After contacting the Ombudsman, they decided in our favour, but after two recommendations to the bank to pay up, the bank are still quibbling. How long should we be made to wait, is there anything we can do?.
Signet.

Hi Signet, just have to sit and wait. My partner has the same problem, FOS adjudicators recommended upholding twice but will have to wait till it goes to the ombudsman for the final decision. Has been with the FOS sine January 2012. Hopefully they will agree with the adjudicators and we will get something at the end of it.

cappo

signet wrote: »

:huh: Hi, Is anyone else out there having the same problem as us.?
We wrote to our bank, with our PPI claim, and no surprise were turned down. After contacting the Ombudsman, they decided in our favour, but after two recommendations to the bank to pay up, the bank are still quibbling. How long should we be made to wait, is there anything we can do?.
Signet.

Hi signet its not good is it i'm having the same the ombudsman has ruled for me i just can't get LTSB to pay up, one of the worst banks out there.

Insider101

cappo wrote: »

That is true as in the case of say metroopolitan for HSBC and cabot it just depends as you say as to whether the debt has actually been purchased or is only collected, in any case i would say in your circumstances you would be better waiting until the debt is sold on then offering to settle under a full and final this is what i did, Good luck.

They're not my circumstances. I was just responding to someone else's post ;-)

signet

MIKEY49 wrote: »

Hi Signet, just have to sit and wait. My partner has the same problem, FOS adjudicators recommended upholding twice but will have to wait till it goes to the ombudsman for the final decision. Has been with the FOS sine January 2012. Hopefully they will agree with the adjudicators and we will get something at the end of it.

HI MIKEY49,
We have been waiting for over three and a half years!, to get to this point, and just to add insult to injury, the bank have sent out a letter ,because I cancelled their PPI, Saying that we should contact them immediately to arrange payment and continue to "benefit from the financial protection provided by the policy"!!. The reason we cancelled, was because it did not provide cover for my husband when needed. [Worst still the letter was addressed to him]!.:mad:

cappo

Insider101 wrote: »

They're not my circumstances. I was just responding to someone else's post ;-)

sorry Insider i stand corrected.:)