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.
For one, if Lloyds concede one or two of the policies were mis-sold you can get that money back while you continue to argue over the others.
And secondly, the maths will be much more straight-forward.
Given, ultimately, you'll get the same amount whichever way you might do it, I can't see what is to be gained from lumping them together.
Fred_Funk
NatWest: seeking unlawful charges + interest incurred as a result of those charges of £4,292.82 and contractual interest (compounded) of £4,559.41. Court claim issued 16.01.08; acknowledgement of service filled by Cobbetts on 30.01.08
My question at the moment is should I do each 1 individually, or lump them in together ??
IMO, it'd make more sense to do them separately.
For one, if Lloyds concede one or two of the policies were mis-sold you can get that money back while you continue to argue over the others.
And secondly, the maths will be much more straight-forward.
Given, ultimately, you'll get the same amount whichever way you might do it, I can't see what is to be gained from lumping them together.
Fred_Funk
I lumped all mine together albeit on two separate claims.
One was a success and one still with the Financial Ombudsman Service.
However if you do them separately and eventually have to submit a complaint to the fos for one or another of them then each complaint attracts a £450 cost to the bank for the FOS involvement.
If you do them separately and end up having to go to Court then you will have to stump up fees for each case you submit.
I have gone down the FOS Route first as if your complaint is not upheld you are still left with Court action available to you.
If you go to Court and lose your case then the FOS will not take up your claim.
You have to make your own considered decision on this but I am sure others will also advise you.
Good luck whichever way you go.
aa
I have no legal training and the advice I offer is a matter of support. Before you commit to any Legal action you are advised to contact a qualified legal practitioner. ------------------------------------------------
Bank charge successes:
Halifax - Full settlement incl interest.
HSBC - Settlement, goodwill no admission of liability about 75% of claim.
RBS - Settlement, goodwill no admission of liability about 70% of claim.
2 ongoing claims for bank charges with HSBC with more to come. (Supreme Court ruling could have upset these claims) They did
PPI Successes
PPI 4 settlements on 9 loans. FOS involvement on 7 added on the 8 % Statutory interest another 30% to both.
2 claims settled in full with LV without FOS involvement.
2 claims settled in full with HSBC without FOS involvement
PPI Claims ongoing with:
Cap one Now with the FOS
Barclays. Paid up today 24/04/10 cheque received for over £4,500 and in the bank.
LTSB still have to decide on this as their SAR production was abysmal. Papers data mixed up documents missing etc
Please do not PM me for advice as it may be sometime before I can respond.
Keep at them. Do not give way and do not accept all they tell you, they will delay and stall for as long as they can to prevent repaying you your mis-sold PPI.
Many thanks for your straightforward advice, very helpful.
Am still awaiting statements for a very old third account so prob going to stick with seperately from an ease point of view. Especially given the trouble I have had with the calculations so far.
Sorry another question ...
My loan started in May 02 and the lump sum PPI added was 3,249.72.
Using a calc from here and yesterdays date gave me an amount owing of £4937.02, based on my APR of 10.43% per annum.
Should I use 10.43% or 8% which is referred to a bit on here ?
Also
Should I send the standard templated letter to Lloyds explaining why I was mis sold policy and asking for it back ?
I think this is the first step ??
Thanks again for all of your help - it is greatly appreciated.
My loan started in May 02 and the lump sum PPI added was 3,249.72.
Using a calc from here and yesterdays date gave me an amount owing of £4937.02, based on my APR of 10.43% per annum.
Should I use 10.43% or 8% which is referred to a bit on here ?
I am not the best with figures here is a calculator that should help you just put in the start date, the amount , the percentage interest you wish to claim and it will do the calculations for you. It is entirely your choice what percentage rate you ask for.....
Should I send the standard templated letter to Lloyds explaining why I was mis sold policy and asking for it back ?
I think this is the first step ??
Yes you need to write requesting the refund of your PPI and interest.
It could take a long time before things happen so the calculations can come later.
aa
I have no legal training and the advice I offer is a matter of support. Before you commit to any Legal action you are advised to contact a qualified legal practitioner. ------------------------------------------------
Bank charge successes:
Halifax - Full settlement incl interest.
HSBC - Settlement, goodwill no admission of liability about 75% of claim.
RBS - Settlement, goodwill no admission of liability about 70% of claim.
2 ongoing claims for bank charges with HSBC with more to come. (Supreme Court ruling could have upset these claims) They did
PPI Successes
PPI 4 settlements on 9 loans. FOS involvement on 7 added on the 8 % Statutory interest another 30% to both.
2 claims settled in full with LV without FOS involvement.
2 claims settled in full with HSBC without FOS involvement
PPI Claims ongoing with:
Cap one Now with the FOS
Barclays. Paid up today 24/04/10 cheque received for over £4,500 and in the bank.
LTSB still have to decide on this as their SAR production was abysmal. Papers data mixed up documents missing etc
Please do not PM me for advice as it may be sometime before I can respond.
Keep at them. Do not give way and do not accept all they tell you, they will delay and stall for as long as they can to prevent repaying you your mis-sold PPI.
Thanks so much for your time, on a Sunday no less.
Getting this done now and will get sent out on Monday, just re-hacked my letter from the template so will include calculations at the actual APR for now.
Taking on Lloyds for PPI mis sales
and credit card help so now going to attempt to start the PPI
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