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.
Settle HSBC credit card debt, then claim back PPI?
I think this is a simple question.
I have had an outstanding credit card debt of £4200, and an imposed repayment schedule has taken me over the agreed limit of £4000. I pay £120 a month, of which £4 is currently used to "reduce" the debt, and the other £116 is interest.
I noticed a few weeks ago that they are also taking 79p for every £100 I owe. So, they are taking £33 a month in addition as a payment protection. I didn't ask for this and have no memory of when it started.
I am now in a position to settle the debt, and am keen to do so. Can I settle the debt without prejudicing any atampt I make to claim back my insurance payments? I am keen to get this settled, but would like what is entitled to me.
Thanks for reading this. I hope someone can give me guidance.
I was in over £70,000 of debt on my credit cards and my marriage broke down because of my Financial Failure.
Shortly after, and I wish this happened sooner, I came across a group of legal advisors that consist mainly of Solicitors and they explained a debt loophole that would enable me to cancel off my Credit Cards within 14 days for as little as £10.00 on each card without having to go through any long term debt management. To be honest, I did not have much to lose as I had already lost everything so I decided to give them a try, and even though they said to me it would take 14 days, within 7 days I was completely debt free and the Credit departments accepted my payments. Just what the methods they took I do not know, but these guys are starting to build a fantastic reputation through their Legal work and have eased not just mine, but a lot of my family and friends problems. I really feel people need to know about this, because this Legal practice is saving a lot of stress and illness.
Most of the information you will need to start to reclaim mis-sold ppi is in the above links.
You will need to read and do research but it will help you along the way to get your money back.
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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.
Settle HSBC credit card debt, then claim back PPI?
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Re: Settle HSBC credit card debt, then claim back PPI?
Originally Posted by Ruadhri
