PPI Claim for Ex Bankrupt

Campali

Can anyone suggest a PPI claims firm that will handle my claims. I was Bankrupt almost 30 years ago but cant find a company that will handle my claims. Spent ages yesterday filling out online forms only to be asked in the 2nd last question Have you ever been Bankrupt .. Answer Yes ... Pop up message Sorry we cant handle your Claim ? Infuriating .. Why couldnt they announce this at the start of the procedure ?

[Deleted User]

You're lucky that they all turned you down because a) you're not allowed to make a complaint if they are pre-bankruptcy and b) there will be no records left.

If the policies are post bankruptcy, just pop your complaint in the post yourself.

Claims companies use the same stamps as are commercially available on the high street.

dunstonh

Can anyone suggest a PPI claims firm that will handle my claims.

Someone who has had arrears, defaults, amounts written off or bankrupt should never use a CMC. The CMC will bill against the total amount paid out. Even if some or all of the money goes against unpaid debts. i.e. you may see nothing but will be hit wtih a bill.

. I was Bankrupt almost 30 years ago but cant find a company that will handle my claims.

That is good to hear. Being a bankrupt doesnt mean you cannot complain. You can but only on post bankruptcy sales of PPI. Not pre-bankruptcy.

Why couldnt they announce this at the start of the procedure ?

Bankrupts are only a very small proportion of people. Hence why its at the end and not the start.

MaryTaylor1971

I was told that if you have been a bankrupt you cannot claim back ppi

Nasqueron

MaryTaylor1971 wrote: »

I was told that if you have been a bankrupt you cannot claim back ppi

You cannot complain about PPI for any assets from before the bankruptcy, the money belongs by law to the OR


Post bankruptcy finance you can

MaryTaylor1971

How would they know you had claimed?

Nasqueron

MaryTaylor1971 wrote: »

How would they know you had claimed?

Your details are on the bankruptcy register forever and firms should always check the register. That and the fact it's illegal to do so and you'd generally not going to be that stupid

JCS1

The right to claim vests with the OR (and they are claiming back PPI as assets).

https://forums.moneysavingexpert.com/discussion/3766585/ppi-claims-after-bankruptcy

[Deleted User]

MaryTaylor1971 wrote: »

I was told that if you have been a bankrupt you cannot claim back ppi

You can complain, but any redress belongs to the OR for redistribution to your former creditors.

MaryTaylor1971 wrote: »

How would they know you had claimed?

The Bank or other financial institution would tell them and are required to forward any redress to the OR in any case.

Sorry.

MaryTaylor1971

Ok, thanks for the replies. Do I need to tell the bank or do I contact the OR? I made a claim, then found out about the bankruptcy thing so I didn't bother following through when they sent me forms to fill in but they have contacted me to say they owe me 2900£

[Deleted User]

MaryTaylor1971 wrote: »

I made a claim, then found out about the bankruptcy thing so I didn't bother following through when they sent me forms to fill in but they have contacted me to say they owe me 2900£

Don't worry, even if you told them you want the money your redress would still be checked by the insolvency team prior to any cheque being issued. You would be very unlikely to receive anything once it became apparent you are a bankrupt, though mistakes do occur.
However, your most prudent move would be to contact the OR and tell them what has transpired. They will advise.