bankruptcy and ppi

daveymac1973

please could you give me some adive in jan 2008 i rang first plus to increase my loan i was turned down so i asked them to cancel my ppi on my current loan with them there answer was no i couldnt and would have to carry on paying the full amount.
10 months later i went bankrupt now in 2012 i wrote to them asking to reclaim my ppi they responed to my letter saying yes they were at fault and i was due 10,000 pound money owed with intrest at 8 percent on my loan and two top up loans which were paid off so i could get the next loan.
so now am thinking if they had told me the truth in 2008 and canceled my ppi and gave me back my 10,000 pounds off my 2 previous loans id would have probly stayed out off bankruptcy kept my house car perfect credit score and most importantly my family .
so the question is can i sue them for damages .

dunstonh

answered your duplicate post

daveymac1973

We obtained agreements from firms to change their contracts and practices so that consumers would receive refunds when repaying their loans early. The details of these agreements are listed at the bottom of this page.
We then discussed our concerns about terms which prevent consumers from receiving a refund if they cancel the policy for any reason with the industry trade bodies, which included the Association of British Insurers (ABI) for the insurance industry and the British Bankers' Association (BBA) for the banking industry.
They agreed that firms should also allow you to receive a refund if you cancel your policy without repaying the loan but that you may not be entitled to a refund if you cancel very close to the end of the period covered or if you have already made a successful claim under policy.
We expect all firms to take notice of these agreements.