Claiming PPI after financial difficulty

Martinl

Around 3 years ago, I was in severe financial trouble. My property was sold and I got the balance between what I owed on my mortgage and the sale of said property.
The amount allowed me to clear all my outstanding debt.
I repaid my large OD and personal loan after coming to a deal with both with the help of a local financial help charity.
As I didn't pay the full amount owed would I be able to claim PPI, if indeed I had it. The OD was with Lloyds and the loan with the AA. Also when I took out my mortgage, I had two policies along side it from Legal and General (recommended by the broker) and prior to re-mortgaging one with Pinnacle (?). I defaulted on the later ones (as I did with pretty much everything!)
Due to being evicted, a lot of paperwork regarding all these things was left behind and I have no records of account/ref numbers.
Again, would I be able to claim PPI on these after defaulting (if I had it)?
If it is possible, how would I go about it with no information?
Thanks in advance for any advice.

[Deleted User]

If you had PPI, and didn't repay your debt in full, then any redress from your complain would be offset against the debt.

If you do actually mean claim on the PPI due to your financial difficulties, you would need to have done this at the time.

Martinl

Although they weren't paid in full, they were "satisified". They are therefore owed no more by myself.

Martinl

Sorry posted before I had finished!
I am not looking to claim on the PPI but if I was mis-sold and whether I would be able to claim

[Deleted User]

If they weren't paid in full, then any redress will go the outstanding debt, regardless of them having agreed not to chase you for the remainder.

Anything left over after clearing the debt would come to you.

[Deleted User]

You won't have had PPI three years ago, as it was already well past the time when it had ceased to be sold with loans and credit cards.

As already explained, even if you did have PPI, monies you still owe from your default would be first deducted from any redress.

Sounds like a waste of time pursuing this though..

-taff

If your loan was sold to you prior to 2009 then yes, make a complaint, they were usually sold as single premium.
If you were single and paying MPPI you could complain as it was pretty much useless to you unless you had dependants, so make a complaint.

As above, any redress will go towards amount owing, as you may have paid it off but they may have stopped interest charges or accepted a F&F settlement.

However, you may get some of the interest back.
You won't know unless you try. Contact the creditors in question or complaint directly to the, or if you don't feel you can do that, use Resolver.

-taff

PPI is not usually paid on overdrafts.

dunstonh

MPPI is fine for single people with no dependents as there is no life assurance included. It covers being off work due to accident or sickness or being made redundant.

haras_nosirrah

mppi is incredibly useful for single people. If there is only 1 income into the household and that income stops then you are !!!!!!ed. There is little help for single people (no lots of child related tax credits etc to fall back on, no priority housing post eviction) and also there is no second income into the property from a working partner. If anything MPPI is more important for a single person as they have no second income stream to make up the difference if they do lose their income

-taff

Sorry, I was using MPPI as a catch all referring to life insurance.

WIll be more precise in future.