ppi claiming if bankrupt discharged

[Deleted User]

Mr_F_Dorsetty wrote: »

If you bothered to actually read

I suggest you read the official links from the Insolvency Service posted by others in this thread before berating those same others for an apparent similar failing..

societys_child

Mr_F_Dorsetty wrote: »

so he's well clear of the OR isn't he.

No, he isn't

So actually he has every right.

No, he doesn't.

magpiecottage

Mr_F_Dorsetty wrote: »

If you bothered to actually read what the OP has written then he went BK in 2007... that's 2007, as in 7 years ago - so he's well clear of the OR isn't he.

Absolutely. All assets and liabilities prior to the bankruptcy are void as far as the OP is concerned.

So actually he has every right.

To any asset that they have acquired post bankruptcy.

But the right of action accrued when the advice, if any was given. That was when the loan was sold - and the loan was pre-bankruptcy.

This means that if a complaint is made and upheld, the bank will first set off any redress against money it was forced to write off - the Insolvency Act 1986 and associated case law permits this. Then it is obliged to report to the OR that it holds a pre bankruptcy asset to the OR's order or simply to remit it to the OR. It cannot pay it to the bankrupt unless the OR tells it to.

Whatever the OP does they should not instruct an ambulance chaser. If their number is TPS registered they should complain to the Information Commissioner.