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Payment to PPI claims company help!
Comments
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stevepb101 wrote: »I have now received the documents the company will use in the small claims court.There is an agreement signed by me on 3-9-2010 agreeing for them to apply for compensation on my behalf but no mention of any further payments on any future monies received by myself.
So, you are stuffed then.
You appear fixated on this further amount but it is still linked to the initial amount.I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0 -
If they take you to court, no doubt about it that they will win, that will leave you with all the court costs too.make the most of it, we are only here for the weekend.
and we will never, ever return.0 -
You need to end this now by paying the amount owed. If you don't, you will lose in court and likely have costs awarded against you as well.stevepb101 wrote: »I have now received the documents the company will use in the small claims court.
Just accept that you owe the money because of the legally binding contract you signed.
The fact that the extra money came a year later is irrelevant because it's still money awarded in respect of the complaint you agreed for them to handle on your behalf.0 -
Well,contrary to all the negative advice on here regarding my battle with the claims company,i am very pleased to inform you that i turned up in court this morning for the hearing to be told that they contacted the court earlier this morning and withdrew the case so i did win and i am not paying them a single penny,and it's also cost them £185 to get me there!
They contacted me last Friday and asked what i wanted to offer them,i said nothing and told them there is no contract etc.see you in court.
Happy days.0 -
Lose in court??Moneyineptitude wrote: »You need to end this now by paying the amount owed. If you don't, you will lose in court and likely have costs awarded against you as well.
Just accept that you owe the money because of the legally binding contract you signed.
The fact that the extra money came a year later is irrelevant because it's still money awarded in respect of the complaint you agreed for them to handle on your behalf.
Win in court!
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Attended the claims court this morning and was informed that the company had withdrawn the claim against me so i have technically won in the small claims court! :jYou appointed them to handle the complaint. They were successful in what they set out to do and as it happens Egg are paying out extra. Your agreement with the CMC was to pay them a percentage.
I'm not sure how you have a hope in hell in winning in a small claims court.
Lets be honest, you received the extra money and hoped to hide it from the company YOU appointed to win it for you!0 -
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Answer to the above-Moneyineptitude wrote: »You agreed to pay a proportion of any redress won from this complaint to the claims company. It's a legal contract and you cannot simply refuse to pay. Go to court with this and you could end up paying the other side's costs, having CCJ and still having to pay what you owe to the Claims Company.
I can refuse to pay,i attended court but they withdrew the case before the hearing so i have paid nothing,no costs and no CCJ :j
A victory against the greedy claims companies :T0 -
Its good that you won but you got lucky. The majority of claims companies are more than happy to go to court and are quite active on that front.I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0
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Lots of consecutive posts by the OP, none of which replied to..:eek:0
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