Just received a letter from our insolvency firm RSM Tenon. No threats etc,no bulliyng etc. Simply states that they are passing my details to a firm of solicitors with the intention of determining whether there is likely to be any entitlement to reclaim mis-sold ppi for the benefit of my creditors through an increased return.
Also says to contact my case manager to discuss the matter if I wish.
I just phoned and spoke to a lovely lady to confirm that while my spending may have been haphazard,I know for a fact that ppi was never taken out on anything. Her reply was......
I shall contact the solicitors to let them know but they will possibly give you a quick call to confirm this,thanks for letting us know.
How easy is that.
Paul
Discharged today the 8th feb 2012. View is much brighter now.
Continuing to rebuild our credit worthiness.
They can try but the case manager says if I didnt buy any at all and am sure then thats an end to it. She was going to phone the solicitors right away. I cant fault the service I have had at all,although I still have to get through the closure part!!!
Paul
Discharged today the 8th feb 2012. View is much brighter now.
Continuing to rebuild our credit worthiness.
Be carefull I know someone who went through PPI claim while in an I.V.A and there was a winfall clause in their I.V.A document where 100% would be taken so they ended up with nothing. If you claim once you have finished your I.V.A 100% of the money you will recieve will be yours.
font size="1" face="Verdana, Arial, Helvetica">quote:<hr height="1" noshade>Originally posted by Jamie.il
Be carefull I know someone who went through PPI claim while in an I.V.A and there was a winfall clause in their I.V.A document where 100% would be taken so they ended up with nothing. If you claim once you have finished your I.V.A 100% of the money you will recieve will be yours.
thats why they want you to claim it, so the creditors who you getting it off get it back!!!
IVA completion and certificate received 08/10/2012!!!
But if you are entitled to claim ppi then it shouldnt be left until after the IVA is over as it is an asset and should be captured by any windfall clause. AN IVA is meant to allow you to pay back what you can afford,and that would include mis-sold ppi.
Paul
Discharged today the 8th feb 2012. View is much brighter now.
Continuing to rebuild our credit worthiness.
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
My only concern is that there is the presumption that all PPI was mis-sold. My wife has PPI and we're very happy with it.
That's to say it's how the individual feels about it, so surely it is down to an individual to make a claim if you feel like that it was mis-sold, not for some solicitor to determine it.
I think there are being nice because they know they’re boarding on coercion. For me this is wrong I this practice should be carved out like the cancer it is.
And if you are close to finishing they'll just keep you case open till is resolved which could take another year maybe!!
For me just tell them you were or are happy with your PPI policy, I am. But then again maybe in the future I might change my mind. You have in essence six years to think about before you are time barred
If you say that you haven't been missold now but then try and claim in the future then I think you may well have committed fraud.
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
Kallis3 well I suppose whilst your paying it you think not, or you wouldn't be paying it, as we are. It's just that at a point in time you may not feel the same way. That's why the FSO has given you six years to think about it. But that's not the point, it the practice of what's being carried out, I think it's a disgrace I for one would feel under duress if i were approached in this way.
After all that has been posted on here then you should know whether or not you feel you have been missold.
I don't agree with the way companies are acting at the moment but it doesn't make it right if you say you weren't missold and then try and claim it back at a later date.
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
