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PPI Reclaiming successes and failures
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:cool:
and its not worth getting onto them over and over coz its the same letter that you get in reply, i am also undertaking an equal pay claim and tis the same with that, `we are reviewing your file` they must have reviewed it about 8 times!!
Its not fair is it?
I did post my response I received last week, here it is again below.....
But its only what you have probably read yourself goodness knows how many times.....
FSCS Ref: TWOPA
(Please quote this reference when contacting us)
Dear Mrs
Thank you for your email of 6 April 2009 about your claim for compensation against Twopart Ltd.
The Financial Services Compensation Scheme (FSCS) must consider all claims in line with our rules, as set by the Financial Services Authority (FSA). Under these rules, before we can consider the eligibility of an investor’s claim against a firm, we must first be satisfied that the firm in question is financially unable to meet the claims that have been brought against it. We can only consider a claim for compensation if no other party is in a position to do so.
We are currently investigating the solvency position of Twopart Ltd to decide whether we can declare the firm to be ‘in default’ under our rules (i.e. we are satisfied that it is unable, or likely to be unable, to meet the claims against it). This opens the way for us to pay compensation to those investors who have eligible claims against the firm.
Once our investigation into the solvency position of the firm is complete, and if we are able to declare Twopart Ltd‘in default’, we will then go on to consider the specific facts of your claim to decide whether we can compensate you under our rules.
It is difficult to give an exact timescale as to when we will be in a position to write to you about your claim. Reviews into the solvency of firms are, by their very nature, time consuming, as we are dependent on receiving information from third parties, over whom we have no jurisdiction. As soon as these investigations are finalised we will contact you again.
Should you have any questions in the meantime, please telephone our helpline on 020 7892 7300.
Yours sincerely
Customer Services Team
Financial Services Compensation SchemeThe one and only "Dizzy Di"0 -
Its not fair is it?
I did post my response I received last week, here it is again below.....
But its only what you have probably read yourself goodness knows how many times.....
FSCS Ref: TWOPA
(Please quote this reference when contacting us)
Dear Mrs
Thank you for your email of 6 April 2009 about your claim for compensation against Twopart Ltd.
The Financial Services Compensation Scheme (FSCS) must consider all claims in line with our rules, as set by the Financial Services Authority (FSA). Under these rules, before we can consider the eligibility of an investor’s claim against a firm, we must first be satisfied that the firm in question is financially unable to meet the claims that have been brought against it. We can only consider a claim for compensation if no other party is in a position to do so.
We are currently investigating the solvency position of Twopart Ltd to decide whether we can declare the firm to be ‘in default’ under our rules (i.e. we are satisfied that it is unable, or likely to be unable, to meet the claims against it). This opens the way for us to pay compensation to those investors who have eligible claims against the firm.
Once our investigation into the solvency position of the firm is complete, and if we are able to declare Twopart Ltd‘in default’, we will then go on to consider the specific facts of your claim to decide whether we can compensate you under our rules.
It is difficult to give an exact timescale as to when we will be in a position to write to you about your claim. Reviews into the solvency of firms are, by their very nature, time consuming, as we are dependent on receiving information from third parties, over whom we have no jurisdiction. As soon as these investigations are finalised we will contact you again.
Should you have any questions in the meantime, please telephone our helpline on 020 7892 7300.
Yours sincerely
Customer Services Team
Financial Services Compensation Scheme0 -
And just one two more questions if I may:
Will i be pestered to put the money successfully reclaimed back on to my loan?
And what is this about the refunded interest being taxable. I dont understand. What do i need to do as regards tax on the interest?0
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