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Posted: Mon May 16, 2011 9:02 am
by jenstown
Hi all,

Does anybody know the current situation with ppi claims ??

The government has recently come up with some ruling that as i understand it would reduce the length of missold claims.

Lastly, how far can your claims go back and if you have misplaced the documentation can you appoint a company to trace it and complete the claim for you ??

Any advice or info welcome

Thx
Jenstown

Posted: Mon May 16, 2011 9:34 am
by Broke of London
Hi - I'm only vaguely aware of any changes so don't have the details. Unless your claim means you will pay off your debts in full plus IP fees before the IVA term is due to expire then it's not worth going through the hassle of paying a company to trace documents and compile a claim. x

Posted: Mon May 16, 2011 10:46 am
by ginger3232
Reading somewhere - there is NOT a limit on time - but the restriction is that the Banks etc - may only keep records of your closed account for a required minimal of 6 years - then they destroy the data. Which mean unless you have the original paperwork - it will be difficult to persue a claim