historical ppi

Darren_p

I have been contacted by a claims agent who has stated that I can claim back from when I was 18, (quite a few years ago). Is this correct ?.
I did have credit cards and a bank loan, but I was declared Bankrupt in 2006, which was dissolved within 6mths.
Previous agents have said because of the bankruptcy I wouldn't be able to claim anything back.
Could anyone please shed some light on this please.

[Deleted User]

Bankrupts cannot benefit personally from PPI complaints. Redress is treated as a pre-bankruptcy asset which goes to the Official Receiver for re-distribution to former creditors.

As such, you stand to gain nothing at all if you complain.

It also doesn't matter how long ago you went bankrupt..

The "Claims Agent" is totally wrong and should not even attempt to sign up a bankrupt.

Darren_p

Just so I know for when the "claim agent" calls me back, is the "claim agent " is wrong and I can not claim anything back prior to my bankruptcy ?

Nasqueron

Darren_p wrote: »

Just so I know for when the "claim agent" calls me back, is the "claim agent " is wrong and I can not claim anything back prior to my bankruptcy ?

You can claim it but the money belongs to the OR as a pre-bankruptcy asset. I believe it is a civil offence to not declare it if you got paid something.

A claims firm would charge you a % of any "win" even if you don't see any of the money so you'd get nothing and have to pay them so they should never be suggesting using them

[Deleted User]

Darren_p wrote: »

Just so I know for when the "claim agent" calls me back, is the "claim agent " is wrong and I can not claim anything back prior to my bankruptcy ?

If you want more than just my word for it, read here;
https://forums.moneysavingexpert.com/discussion/3766585

This is a "sticky" thread because bankrupts often ask.

Darren_p

Many Thanks for clearing this up for me.