Thread: PPI/Phoenix firms

Hi folks.

I have come across some useful information about when the majority of "limited" financial companies dissolve/go into liquidation.

This year I have tried to pursue at least 2 of my loan-ppi with 2 brokers which has been confirmed these are no longer running.
However, I am now aware that the directors of these companies are still active but running other financial firms.
There is a name for this, which is called "Phoenix Firms", I have looked up a bit of information online and came across some stories, but here is at least one of the links I have come across, which I find very useful.

Phoenix firms : FSA Money made clear – Firm news

I am now undergoing another complaint to the one company and taking the advice from this link to keep at it, as these companies will keep on denying any responsibilty, so anyone you know who are going who have been let down and you know the directors are active now running another limited finance company, please keep on and get your money back.

Hope it was okay for me to add this.;-)

Please feel free to remove if you think this is not necessary, cheers.

Di.

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Thanks Andy.

I have since wrote to the director of Click Financial the compliance manager/directors who has confirmed receipt of this, I have only given them 7 days to reconsider this time round about my PPI mis selling complaint, because they had more than enough time last time where they never looked into the case.

I will keep you posted.

Cheers.

Di.
x