PPI FAQs discussion thread

Dan_Stevenson

Hi,

I hope someone can help me. I have now decided to look into claiming back some PPI money.

I now have my credit history over the past 6 years which is a start but now I don't know which company to use to claim my PPI.

I understand I could do this myself but unfortunately I do not have time and will power to do this myself.

If anyone could recommend a good company to use (low commission) then please let me know.

Thanks,

Dan

-taff

Dan_Stevenson wrote: »

I understand I could do this myself but unfortunately I do not have time and will power to do this myself.

Shame really, because the claims company will make you do the work anyway, then they will fill in a form with what you've told them, and with what they've asked you to find out, then they will send it off, then they will take 50% of any of your redress. Not bad for a stamp.

If you haven't got the time, then find some. No, I can't recommend anyone.

FeelStupid

Dan_Stevenson wrote: »

Hi,

I hope someone can help me. I have now decided to look into claiming back some PPI money.

I now have my credit history over the past 6 years which is a start but now I don't know which company to use to claim my PPI.

I understand I could do this myself but unfortunately I do not have time and will power to do this myself.

If anyone could recommend a good company to use (low commission) then please let me know.

Thanks,

Dan

It's easy to do, truly. Don't throw your money away. Everything you need is on this site.

leigh83

I am in the process of re-claiming my father in laws PPI after having my own success due to this site . My father in law was made bankrupt in 2009 thanks to one of his dreadful Credit card companies. He was discharged from bankruptcy in early 2010 after the repossession and auctioning of his family home cleared all of his outstanding debts and more!!
We recently heared that my father in law was due £3500 from Yorkshire Bank 2 weeks ago for the miss-selling of PPI, they informed us they would be paying £600 to Merlins (who are they?) and the rest would be sent to his receivers. We have queried this with Yorkshire bank and sent them proof of his discharge and asked for a cheque in his name instead. They then wrote back saying £600 to Merlins and the rest to his receivers. He spoke with the Receivers today to find out if this was correct. They informed him that he was discharged and that his case was closed and satisfied. The woman did however say that the money should go back to them as the PPI is seen as an asset from when he was in bankruptcy. He then asked why, as all of his debts are settled and case is closed and the woman said it will go back to the Government!!!

Is it me or does this sound rather dodgey? has anybody had this done to them? Should we put up a fight or let this one go?
He has 3 other claims in with the Ombudsman and we are now fearful that the same will happen with these. Soooo confused!! Please Help!!:mad:

dunstonh

My father in law was made bankrupt in 2009 thanks to one of his dreadful Credit card companies.

Key bit of information as that means your father in law cannot see the money if a complaint is successful.

Is it me or does this sound rather dodgey?

No it is correct. The money should go to the official receiver for distribution to the creditors that were not repaid. It says as such on the Govt website on bankruptcy too.

has anybody had this done to them?

Yes. Most people putting in complaints where they have been made bankrupt.

Should we put up a fight or let this one go?

let it go.

He has 3 other claims in with the Ombudsman and we are now fearful that the same will happen with these. Soooo confused!! Please Help!!

If the FOS overturn any of those three then the proceeds should be paid to the OR. Not your father in law.

Dan_Stevenson

So no one would recommend any companies to use for a PPI Claim? I know I can do it myself but I would rather pay someone to do if for me as I am out of the country quite a bit.

Thanks,

Dan

dunstonh

Dan_Stevenson wrote: »

So no one would recommend any companies to use for a PPI Claim? I know I can do it myself but I would rather pay someone to do if for me as I am out of the country quite a bit.

Thanks,

Dan

I think you fail to realise what claims companies do. They ask you to fill in the same form you would fill in if you did it yourself. You just post it to them first and they will post it on to the firm. So, why not just post the form directly to the firm yourself?

[Deleted User]

Dan_Stevenson wrote: »

So no one would recommend any companies to use for a PPI Claim?

No mate, if you want to waste your money on something you can do yourself for free then choose any company as they all take a huge proportion of any redress awarded and do virtually nothing in return.

leigh83

[/QUOTE]
No it is correct. The money should go to the official receiver for distribution to the creditors that were not repaid. It says as such on the Govt website on bankruptcy too.

If the FOS overturn any of those three then the proceeds should be paid to the OR. Not your father in law.[/QUOTE]

How does this seem fair though? The repossession/sale of his home totaling £75k cleared all of his debts which were under £65k. This surely means that all his creditors were satisfied and that he now owes nothing to no one. He was cleared of Bankruptcy after only 5 months.

-taff

the debts may not have been paid in full if any part of them was written off.