ppi claims

MaryTaylor1971
MaryTaylor1971 Posts: 16 Forumite
in Bankruptcy & living with it
I have read the sticky regarding PPI claims after bankruptcy, does that cover loans taken out and repaid long before the person went bankrupt or does it mean the loans were part of the bankruptcy?

Comments

  • philnicandevan
    philnicandevan Posts: 667 Forumite
    First Anniversary Name Dropper Photogenic Combo Breaker
    I'm afraid so yes....any PPI claim before bankruptcy no matter when taken would be an asset and will go to the receiver
    Not quite a newbie as you think ;);) (the member formally known as philnicandamy!)

    FINALLY a qualified CAB debt caseworker 2015..:p
    BSC 58 :D
  • TheGardener
    TheGardener Posts: 3,303 Forumite
    Name Dropper First Anniversary First Post
    I went BR over 5 years ago - just this month the OR submitted a PPI claim for a Credit Card I had 18 years ago and a personal loan from the same bank around 10 years ago.
    Both claims were successful and the pay outs were a few thousands but went directly to the OR for both the loan and the CC.
  • philnicandevan
    philnicandevan Posts: 667 Forumite
    First Anniversary Name Dropper Photogenic Combo Breaker
    Snap....same here and i'd been discharged 2006 (had loan & cards over 12+ years ago)......three sucessful claims and all went to receivers office
    Not quite a newbie as you think ;);) (the member formally known as philnicandamy!)

    FINALLY a qualified CAB debt caseworker 2015..:p
    BSC 58 :D
This discussion has been closed.
★ ★ ★ Meet your Ambassadors

Categories

  • All Categories
  • 343K Banking & Borrowing
  • 250K Reduce Debt & Boost Income
  • 449.6K Spending & Discounts
  • 235.1K Work, Benefits & Business
  • 607.7K Mortgages, Homes & Bills
  • 173K Life & Family
  • 247.7K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 15.9K Discuss & Feedback
  • 15.1K Coronavirus Support Boards