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PPI Reclaiming successes and failures
Comments
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hello,
Please can someone help me. I wrote to reclaim ppi on my barclaycard which i had in 2004.
I waited some 10 weeks for a reply in which they offered me 147.60 which i think is very low as it works out to being £88.70 plus interest £6.73 8% £52.17 Total being £147.60. Due to ill health and redundency in 2009 i went to dept Management where i have been paying them £18.00 per month to clear the dept. Last month after sending a re claim letter they wrote to me and said they had sold my dept to another company.
They have said that because i owe them money and i am in dept management i am entitled only to the 8% of £52.17. is this correct i think the amount is very low and they have sent a form for me to sighn to accept this amount. I have not done this as i do not think any of it is right. please help where do i go from here. Thank you so much0 -
Dont know if im doing this right but please can someone look at my post thank you first time on here0
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I got a letter today from Cap one regarding my PPI premiums which I paid on my CC for a year before cancelling it.
Premiums £92.31, interest £142.21, 8% interest £2.07 total amount £236.59.
They will offset this against the outstanding card balance as years later I defaulted on itWhich means I will clear the defaulted balance 3 months earlier
Debt-Free day 30th September 20140 -
Help
I have won againt marks and spencers
but they say they are taking the whole refund againt the debt I owe them .
Can they do this
Breakdown
Insurance added £895.22
Interest added £328.78
Insurance system rebate for early settlement £178.95
Intrest system rebate for early settlement £65.72
Insurance refund £716.27
Intrest refund £ 236.06
Total Insurance Reund £979.33
Intrest £107.29
£total £1086.62
Can they take all off this back
Many thanks Emma0 -
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Hello all.
Sorry for the long first post, but I need advice quickly to meet a July/August court deadline. Below is a brief outline of my plight and my PPI/CC nightmare.
I took out a credit card claim with 'Ratio' in 2008 against Halifax plc on the advice of a financial advisor, and paid £235 to them.
In late 2009 I was advised that Ratio was no-more and that my file along with others had been taken up by a law firm for processing.
In 2010, this law firm set out the basis of the claim as an unenforceable credit card, and sent out a 'no-win, no-fee' contract with a bill for £245. On querying this charge I was informed no monies had been forwarded to them by by the recievers dealing with the Ratio aftermath. This money would cover my legal fees during the claim.
Since then, Halifax have delayed and missed deadlines set for responding to requested informatiuon by the solicitors. My case has also been pasased down the ranks from senior litigation solicitor to junior and I have repeatedly had to ask for updates as to progress on knowing set deadlines have passed.
During the process I was asked if I had ever paid PPI to which I responded I had. The solicitors then said they would add this to the claim from Halifax. I queried if this would detract from the main claim of the unenforceable credit card and they said 'no, in fact it would strengthen it'.
Late 2011 I recieved a cheque from Halifax along with a letter stating that this was in full payment for PPI and all other claims as agreed. I contacted the solicitors who were unaware of any such agreement and advised me not to cash the cheque or confirm any agreement wih Halifax. They then sent me a letter of Order saying I agree to the payment in relation to PPI and instruct the Law firm to act on my behalf. Again I asked if this would affect my main claim and again was told 'no'.
Within a week I recieved a bill from the Law firm saying the PPI constituted a 'partial win' and have since had to pay another £250 for a pre trial hearing to court.
Within the last 2 weeks I have been informed by the solicitors that the court have asked for further fees totalling £645 and that the insurance firm the Law firm had no longer covers 'my kind of case', and though they are trying to find a replacement, I could be found liable for Halifax's legal expenses up to know!
I feel totally stuck with not being able to pay for the case to go forward, nor being able to pay for any fees if demanded.
Would a false PPI make a credit card agreement unenforceable?
And does it sound like the Law firm has acted as improperly by not keeping me informed of possible costs and borderline misinformation?
Any help or advice greatly appreciated and more details freely offered.0 -
Help
I have won againt marks and spencers
but they say they are taking the whole refund againt the debt I owe them .
Can they do this
Breakdown
Insurance added £895.22
Interest added £328.78
Insurance system rebate for early settlement £178.95
Intrest system rebate for early settlement £65.72
Insurance refund £716.27
Intrest refund £ 236.06
Total Insurance Reund £979.33
Intrest £107.29
£total £1086.62
Can they take all off this back
Many thanks Emma
They can if you owe them this amount or more, is the debt you owe, more or less than the amount you won? if you owe less then any money over from this win will be given back to you.0 -
They can if you owe them this amount or more, is the debt you owe, more or less than the amount you won? if you owe less then any money over from this win will be given back to you.0
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Hello all.
Sorry for the long first post, but I need advice quickly to meet a July/August court deadline. Below is a brief outline of my plight and my PPI/CC nightmare.
Getting an unenforceable debt is very complicated, if you can get it done, it seems you have paid out and will continue to pay out to this company, they have made a mess of it to say the very least, how was the debt deemed to be unenforceable?.
You are better posting your question here
http://forums.moneysavingexpert.com/forumdisplay.php?f=76
They have more experience regarding this and can help you more.
I hope you can do something regarding this.0
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