Paul - I really think you should let this go now. Declan doesn't know and it sounds as though he can't find out. He will be way down the food chain when it comes to things like this.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
I agree Jan, Declan will not be high enough up to answer that
although Declan still needs to answer the question regarding what happens if someone says it was not mis-sold, will the company still pursue them and can there IVA be failed because of it.
If life is what you make it, I must have been in a strange mood when I made mine
All PPI should be claimed back cos' greedy banks are getting their just deserts - the chickens have come home to roost and more will follow. I am enjoying the show and the turmoil!
OK, so you don't get to keep the cliams but creditors get paid more - think about that?
IVA firms have never had it so good....
Last edited by nomoremoney on Thu Dec 08, 2011 8:43 pm, edited 1 time in total.
font size="1" face="Verdana, Arial, Helvetica">quote:<hr height="1" noshade>Originally posted by nomoremoney
All PPI should be claimed back cos' greedy banks are getting their just deserts - the chickens have come home to roost and more will follow. I am enjoying the show and the turmoil!
OK, so you don't get to keep the cliams but creditors get paid more - think about that?
IVA firms have never had it so good....
Yes, it does seem somewhat inequitable that the creditors still benefit from money they apparently ( in some cases) swindled you out of in the first place! The faier solution would be that they simply knock it off the balance they claim from the IVA.
This way there would be no question of anybody profiting in any way from deduction of fees. If some banks aren't contesting claims they should be trawling their records and doing this automatically without the need for a claim in the first place.
Paul, rather than pressing Declan, would a Freedom of Information request made further up the hierarchy work?
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
I do think that we should stop pressing Declan - his company is not the only one who is doing this.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
Agreed Jan - Declan does so much work on the forum and it's not his fault this is happening. He has given as much info as he is able to and I feel we ought to remember posting on the forum is not his only job.
No - I don't agree with what is happening but I think we just have to advise posters what to do and support them all we can without gunning for any rep of IP firms that post on here.
Last edited by kazzafunk on Thu Dec 08, 2011 9:37 pm, edited 1 time in total.
I don't support it either but we should not be penalising one company as I know that there is at least one other company that is telling clients to claim for PPI.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
That's so funny Jan - I was just watching an advert for Xfactor and Dermot was on it and I just got carried away!! Amended now - sorry Dermot I mean Declan!!
font size="1" face="Verdana, Arial, Helvetica">quote:<hr height="1" noshade>Originally posted by nomoremoney
All PPI should be claimed back cos' greedy banks are getting their just deserts - the chickens have come home to roost and more will follow. I am enjoying the show and the turmoil!
OK, so you don't get to keep the cliams but creditors get paid more - think about that?
IVA firms have never had it so good....
And already we have stories about barclays changing basic bank accounts. This will end free banking and you will find that account fees start to rise to repay this ppi mess. It wasnt all mis-sold but because of our blame culture every man and his dog now want a bit of the action. We will pay for it in the end.
Paul
Discharged today the 8th feb 2012. View is much brighter now.
Continuing to rebuild our credit worthiness.
Claiming back PPI redistributes our repayments from those who shouldn't have taken the money in the first place to those who are unfairly having to write off debt after providing us with credit in good faith. It's like karma!!! So I don't quite agree that creditors shouldn't be benefiting.
We do need to stop badgering Declan though - It would be more than his job's worth to tell us some of what we want to know and I'd hate for DFD to ban him from participating in the forum.
Hi All
Thank you for your kind words and i will help as best i can in terms of answering questions on PPI, but please understand there is only so much i can answer. Paul, you asked whether i could find out about the commercial aspects, the answer would be more than likely no.
Pandy, you raised a good point about an IVA failing if an individual felt they were not mis - sold PPI (which was originally raised by Arty), the answer is no but we would ask an individual to investigate how the PPI was sold, whether the guidelines were followed by the bank and whilst you feel it wasn’t mis-sold, the factors surrounding it may not have been in your best interest.
Thanks for this Declan. Hopefully this will put peoples minds at rest about whether the iva will fail or not.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
Apologies if it has appeared that I have been hounding you Declan,it in no way is for my personal gain as I never took any PPI but when posters are coming onto the forum worried about letteres they have received then that flags up a major problem(especially when they use words like threatening letters!!). I know you arent high enough up the chain to know everything and I accept that fact.
You have answered that if a client says they werent mis-sold ppi then it wont fail an iva,however you then follow that up with a BUT!! Does that mean that even if someone says they were not mis-sold ppi you would still want to push a claim through?
Thankyou for taking the time to post on the forum,clearly you have had a positive impact on many clients just by being here. I just want to get this properly cleared up because its only going to get worse before it gets better(ie more clients getting these letters).
Paul
Discharged today the 8th feb 2012. View is much brighter now.
Continuing to rebuild our credit worthiness.
