Some time ago DFD got Richardson Mail to contact me about making a PPI claim.
Richardson Mail sent me the forms to sign and I was shocked to find a Power Of Attorney form included asking us to sign this very important power over to Derek Oakley of DFD!
I signed and returned the Authority to Act form as we are not sure if PPI exists on any of our debts (I don't think they do to be honest). However I wanted to find out more about why a POA form is needed when no other claims firm seems to need this?
Despite me asking over an over for months why this Power of Attorney form is needed, all I get back from DFD is "you are legally bound to make claims for any PPI that might exists so please sign and return the POA form"... yet I feel as though I am being forced into signing a very important legal document when it is not needed and without any explanation!
My questions are this:
1. Power of Attoney is NOT needed in order to make a PPI claim - why am I being forced to sign it?
2. Why is the Authority to Act form not enough to establish if any PPI exists first?
3. Derek Oakley is leaving DFD soon according to recent press so I am nervous about signing a form giving him legal power over my affairs when he will soon no longer be part of the company?
Any help or advice would be most appreciated.
That said, in my mind ( and I could be wrong) all other questions are irrelevant. If t'were me, I wouldn't sign such an empowering document in favour of a complete stranger.
At this point I feel very much as if DFD's PPI team are bullying me and intimidating me into signing legal documents without full disclosure.
Would this be illegal as I thought any companies giving out Financial advice had a duty to explain in full and make sure you understand all the details before you sign things?
however , i would suggest its far better to be dealing with this now ie 12 months away from your final payment, than closer to the end of your IVA. hopefully, by the time you have made your final payment in 12 months time, the PPI & VAT nonesence many of us are currently enduring ( i made my last payment in April ) will be a thing of the past and you should hopefully benefit from a speedy closure
Good luck amd keep us updated;
I don't think that your IP is trying to catch you out here, but it is important that you are committed and co-operate with the process.
I just feel very uncomfortable about signing away such control over my own life when it isn't necessary. My life is very much under the control of the IVA as it stands which is fine as I am still grateful for the IVA getting us out of such a mess but I'm not sure how Power Of Attorney is now necessary?
I've re-emailed DFD to see if I can get a further answer.
In the meantime I am going to write to every one of our Creditors and ask them to advise me in writing if PPI exists or does not exist, as the ironic part of this is that I do not believe any does exists and all this stress could be for nothing.