Advice on PPI please

kfer_kaz

I have a couple of questions I am hoping someone might have the answers to. I recieved a letter from first plus today, whom I tried to claim back ppi 6 years ago, the letter states that their origional decision that I was not mis sold ppi has been over turn ( yay me).
1 st question is.... what do they mean when they say that the account was subject to a write off?

2nd question is....When we took out the loan it was with my now ex husband, we have been divorced for 12 years, because the loan was in joint names they want his signature as well. I have not been in contact with my ex for years due to the reason we parted ( I caught his assaulting my daughter) and I don't particularly want to get in touch with him again. Is there a way I can get round this problem?

thank you in advance for advice.

-taff

They mean that an amount was taken off the loan that you didn't have to pay back at the time, but now that they're going to give you redress, some or all of it will be going towards tha amount written off.

No, there is no way round it. You can ask they only give you your half, but they can say no.

dunstonh

1 st question is.... what do they mean when they say that the account was subject to a write off?

It means you didnt pay the debt and an amount of it was written off (reduced so you didnt pay it).

What normally happens in these cases is that the PPI refund goes against the amount written off. It doesnt come to you unless there is a surplus. You receive the interest though.

2nd question is....When we took out the loan it was with my now ex husband, we have been divorced for 12 years, because the loan was in joint names they want his signature as well. I have not been in contact with my ex for years due to the reason we parted ( I caught his assaulting my daughter) and I don't particularly want to get in touch with him again. Is there a way I can get round this problem?

No. It is an asset that is joint and your ex is entitled to half of it. They will want his signature to sign his half over to you or so they know how to pay his half to him.