PPI paid statue barred chasing debt

I I had PPI paid, now Arrow are claiming statue barred debt.  I get £82 a month child allowance, that is all.
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  • edited 27 August 2020 at 4:45PM
    zx81zx81 Forumite
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    edited 27 August 2020 at 4:45PM
    I'm not entirely sure what you're saying, but if you mean that your redress has gone against the outstanding debt, that's correct.
  • Interesting point is whether the PPI claim suggests that this re-set the clock re statute barring?
    Who lives on £82 per month>?
    Let's see if the OP returns?
  • zx81zx81 Forumite
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    Once statute barred, it can't be unbarred.
  • We don't know anything from her post -  doubt she will be back if I'm honest.
  • dunstonhdunstonh Forumite
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    I I had PPI paid, now Arrow are claiming statue barred debt.  I get £82 a month child allowance, that is all.
    Your post is unclear.  Let me break it down so you can see why.

    1 - "I I had PPI paid" -  PPI is something you pay. it is not something that pays you unless you claim on the insurance.   Do you mean you made a complaint and they upheld your complaint?
    2 - "now Arrow are claiming statue barred debt." - Statute barring of debts has no impact on PPI redress.     Statute barring just means they will not use the courts to chase you for the debt.   However, a PPI redress payment from a successful complaint can go against unpaid debts that are statute barred.   That is logical as you never paid the debt in the first place.  So you shouldn't get a refund of something you never paid.
    3 -   "I get £82 a month child allowance, that is all." - not sure where that comes into it.
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
  • cherylaclarkecherylaclarke Forumite
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    Thank you for your input and I apologise if my post was unclear.  Yes I made a PPI claim and received payment on a debt that was statue barred 12 years ago.  My mum has recently gone into care so all my benefits have stopped as I was her registered carer.  So yes whilst I am looking for work all I have coming in is £82 a month.  Income support isn’t available as I haven’t “worked” for 10 years.
  • zx81zx81 Forumite
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    I'm still none the clearer on what the issue is, apart from a lack of income, but this isn't the right board for advice on that.
  • brettctabrettcta Forumite
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    zx81 said:
    I'm still none the clearer on what the issue is, apart from a lack of income, but this isn't the right board for advice on that.
    Ignoring the income, it looks as though they’ve successfully had redress paid on a lending product from 12 years ago which had debt outstanding on it which even though it’s statute barred, is still an acceptable practise.

    i’m guessing the OP is querying, in a roundabout way, whether or not their current financial hardship would entitle them to all or part of that redress given they’re supposedly receiving just child benefit and nothing else at the minute. I also suspect a CMC’s hand is involved.
    helpful tips
    it's spelt d-e-f-i-n-i-t-e-l-y
    there - 'in or at that place'
    their - 'owned by them'
    they're - 'they are'
    it's bought not brought (i just bought my chicken a suit from that new shop for £6.34)
  • cherylaclarkecherylaclarke Forumite
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    zx81 said:
    I'm still none the clearer on what the issue is, apart from a lack of income, but this isn't the right board for advice on that.
    It was more to the point of how much can they expect me to pay, if at all . Is the statue barred still standing or can they change that?
  • edited 28 August 2020 at 9:19AM
    KatrinaWavesKatrinaWaves Forumite
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    edited 28 August 2020 at 9:19AM
    zx81 said:
    I'm still none the clearer on what the issue is, apart from a lack of income, but this isn't the right board for advice on that.
    It was more to the point of how much can they expect me to pay, if at all . Is the statue barred still standing or can they change that?
    Because you didnt pay your debt.. Theyre are not going to 'let you off' on your debt AND pay you money on top of that.

    You are not being asked for any money from your £82 a month (which is wrong, you really need to get on the benefits board...)

     You are simply being told 'yes you can have PPI money, but its being paid to the people you didnt pay.'

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