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  • FIRST POST
    • paulajo
    • By paulajo 6th Jan 18, 9:09 AM
    • 4Posts
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    paulajo
    Bank is paying me my PPI & ex husbands share.....will i be charged?
    • #1
    • 6th Jan 18, 9:09 AM
    Bank is paying me my PPI & ex husbands share.....will i be charged? 6th Jan 18 at 9:09 AM
    Hello
    My bank is paying me my PPI settlement and my ex-husbands share as he didn't reply back to them in time. They have stated that in the future he can make a claim against me for his share, which i understand. However, the ClaimsGuys (i was unaware how simple it was to claim PPI yourself when i made the claim :/ ) have now taken there fees out of my claim, including my ex-husbands, totaling 1500. If my ex makes a claim against me, would i have to pay out his share of the costs to him too, its a fair chunk of money for me to be able to pay out?
    Thanks for any help
    Last edited by paulajo; 06-01-2018 at 9:40 AM.
Page 1
    • zx81
    • By zx81 6th Jan 18, 10:24 AM
    • 17,280 Posts
    • 18,388 Thanks
    zx81
    • #2
    • 6th Jan 18, 10:24 AM
    • #2
    • 6th Jan 18, 10:24 AM
    You pay the fees on the total redress. Your ex husband doesn't have any fees to pay.
    • Moneyineptitude
    • By Moneyineptitude 6th Jan 18, 10:29 AM
    • 20,466 Posts
    • 11,344 Thanks
    Moneyineptitude
    • #3
    • 6th Jan 18, 10:29 AM
    • #3
    • 6th Jan 18, 10:29 AM
    If my ex makes a claim against me, would i have to pay out his share of the costs to him too, its a fair chunk of money for me to be able to pay out?
    Originally posted by paulajo
    Yet another compelling reason not to employ a claims company. Your ex gets his whole share since only you are liable for the CMC's fees.
    • dunstonh
    • By dunstonh 6th Jan 18, 1:07 PM
    • 93,034 Posts
    • 60,418 Thanks
    dunstonh
    • #4
    • 6th Jan 18, 1:07 PM
    • #4
    • 6th Jan 18, 1:07 PM
    However, the ClaimsGuys (i was unaware how simple it was to claim PPI yourself when i made the claim :/ ) have now taken there fees out of my claim, including my ex-husbands, totaling 1500.
    That is normal. It is one of reasons why you should not a CMC when you are looking at joint cases when you are divorced/separated. The person that employes the CMC is liable for the costs on the whole amount of the redress. Even if that person doesnt get all of the redress.

    If my ex makes a claim against me, would i have to pay out his share of the costs to him too, its a fair chunk of money for me to be able to pay out?
    Your ex didnt employ the CMC. So, he has no liability to pay your share of the CMC costs. If was your choice to pay to use a free service. He is entitled to receive his 50% with no costs deducted.

    You could ask the bank to only refund you your share. That can work as you can show the CMC your statement with the amount paid and a copy of the letter stating the amount you received.
    I am an Independent Financial Adviser (IFA). Comments are for discussion purposes only. They are not financial advice. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
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