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Posted: Thu Feb 12, 2015 10:14 pm
by Mark.29
Hi. My partner and i are in iva (payplan) 3 yrs of 6 due to nram ensisting. My question is its due to the together morgage that we ended up in this mess.
I heard a whisper of some compo for these morgages is this true.
Many thanks mark
Posted: Thu Feb 12, 2015 10:28 pm
by Foggy
Hi Mark. I have not heard anything regarding this -- could be interesting !
Posted: Thu Feb 12, 2015 10:35 pm
by MrsR
How interesting !
We are in the same boat Mark, so will be keeping our eyes and ears open for any news of this !
Posted: Fri Feb 13, 2015 9:55 am
by maximoose
http://www.telegraph.co.uk/finance/news ... omers.html Not sure how what the implications are, but there is a challenge going on.
Posted: Fri Feb 13, 2015 10:08 am
by Shining
Interesting
Posted: Fri Feb 13, 2015 11:05 am
by crazyjoe90
They lost a court case and may have to stump up quite a bit in compo, however, they would just write it off any debt you have with them if your in an iva or similar is my understanding so in most cases won't make any difference in the long term to the iva. Even those without an iva etc they will only reduce the size of the mortgage owed I believe. the other thing of course is they are probably going to challenge the decision anyway.
Posted: Sun Feb 15, 2015 1:32 am
by thisusernameistaken
Interesting!
Posted: Sun Feb 15, 2015 9:03 am
by lifenoteasy
They brought the original case against themselves to get some clarity.
Posted: Sun Feb 15, 2015 9:31 am
by Foggy
So ..... they sue themselves to get a precedent set and it goes the wrong way, so they appeal against themselves because they didn't like said precedent!
If they lose the appeal, this will open another PPI-like can of worms.