Written by John Kruse, one of the leading experts on Bailiff Law, this consumer friendly guide is essential reading for anyone who comes into contact with a bailiff.
The book is easy to understand and clearly explains the rights
a bailiff has, and also what they cannot do when collecting debts and repossessing goods etc.
Also posted on another thread " Morbid Tale of Debt"
Paragon have issued me with a default on a secured debt for £36,000 for arrears of ~ £1,600. The original loan taken out in Dec 2004 was for £25,750 plus £9100 PPI.
I have now disputed the PPi through a company and their claculation is that it was missold and that Paragon should refund me for £1,265 (virtually the arrears). I have asked Paragon for information as to how much the reduction will be if I cancel the PPI and they have come back with a figure of about £12 per month. Basically they will pocket about £4500 for the privelege of me cancelling the policy!
I believe that this account is under dispute, irrespective of the arrears and they are quoting me a figure which includes missold PPI.
Q1 - Can I seek a deferrment of the Default until such time the PPI issue is resolved.
Q2. If they proceed to court they will currently still tag on the £9,100 PPI which was missold
Q3. If there a precedent for Missold PPI. i.e. Can they charge me 50% of the riginal cost for cancellation
Q4. They have never ever sent me a statement, so I currently don't know what charges have been added
Q5. Is there a letter template that can be used to send to their solicitors to delay the action until the PPI situation is resolved
Any quick help would be most grateful. The have given me until the 21st December to pay up
PPI - Default Notice - Urgent
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