Joint loan, single cover, split refund??

Sara1901

Hi, I've found a joint loan that my now ex-husband and I took out with Nationwide, which had Insurance added on. The insurance only covered my husband though. We have divorced and I was wondering if we claimed am I entitled to half the refund (if we're successful!) We did not part on good terms, the last PPI I claimed was ordered by the Judge in Court to be split 50:50, but that was joint cover. My ex-husband has run up lots of debts and I think if it goes to him in his name only I won't see a penny! Any advice?
Many thanks

[Deleted User]

If the insurance was in his name only, then it's his to claim.

The loan itself being in joint names does complicate matters though.

I'd try to avoid court if I were you, it's expensive!

roonaldo

If its a joint loan then redress should be awarded to both, its irrelevant who's name the PPI was in. I assume this is a single premium PPI added to loan, therefore you were both responsible for the payments.

Redress of 50/50 would be right unless loan is in arrears or money still owed then they can apply the whole thing to the debt.