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    • I'm still pondering/ trying to find docs re the above issue. Moving on - same saga; different issue I'm trying to understand what I can do: The lender/ mortgagee-in-possession has a claim v me for alleged debt. But the debt has only been incurred due to them failing to sell property in >5y. I'm fighting them on this.   I've been trying to get an order for sale for 2y.  I got it legally added into my counterclaim - but that will only be dealt with at trial.  This is really frustrating. The otherside's lawyers made an application to adjourn trial for a few more months - allegedly wanting to try sort some kind of settlement with me and to use the stay to sell.  At the hearing I asked Judge to expedite the order for sale. I pointed out they need a court-imposed deadline or this adjournment is just another time wasting tactic (with interest still accruing) as they have no buyer.  But the judge said he could legally only deal with the order at trial. The otherside don't want to be forced to sell the property.. Disclosure has presented so many emails which prove they want to keep it. I raised some points with the judge including misconduct of the receiver. The judge suggested I may have a separate claim against the receiver?   On this point - earlier paid-for lawyers said my counterclaim should be directed at the lender for interference with the receiver and the lender should be held responsible for the receiver's actions/ inactions.   I don't clearly understand that, but their legal advice was something to do with the role a receiver has acting as an agent for a borrower which makes it hard for a borrower to make a claim against a receiver ???.  However the judge's comment has got me thinking.  He made it clear the current claim is lender v me - it's not receiver v me.  Yet it is the receiver who is appointed to sell the property. (The receiver is mentioned/ involved in my counterclaim only from the lender collusion/ interference perspective).  So would I be able to make a separate application for an order for sale against the receiver?  Disclosure shows receiver has constantly rejected offers. He gave a contract to one buyer 4y ago. But colluded with the lender's lawyer to withdraw the contract after 2w to instead give it to the ceo of the lender (his own ltd co) (using same lawyer).  Emails show it was their joint strategy for lender/ ceo to keep the property.  The receiver didn't put the ceo under any pressure to exchange quickly.  After 1 month they all colluded again to follow a very destructive path - to gut the property.  My account was apparently switched into a "different fund" to "enable them to do works" (probably something to do with the ceo as he switched his ltd co accountant to in-house).   Interestingly the receiver told lender not to incur significant works costs and to hold interest.  The costs were huge (added to my account) and interest was not held.   The receiver rejected a good offer put forward by me 1.5y ago.  And he rejected a high offer 1y ago - to the dismay of the agent.  Would reasons like this be good enough to make a separate application to the court against the receiver for an order for sale ??  Or due to the main proceedings and/or the weird relationship a borrower has with a receiver I cannot ?
    • so a new powerless B2B debt DCA set up less than a month ago with a 99% success rate... operating on a NWNF basis , but charging £30 to set up your use of them. that's gonna last 5mins.... = SPAMMERS AND SCAMMERS. a DCA is NOT a BAILIFF and have  ZERO legal powers on ANY debt - no matter WHAT its type. dx      
    • Migrants are caught in China's manufacturing battles with the West, as Beijing tries to save its economy.View the full article
    • You could send an SAR to DCbl on the pretext that you are going for a breach of your GDPR . They should then send the purported letter of discontinuance which may show why it ended up in Gloucester and see if you can get your  costs back on the day. It obviously won't be much but  at least perhaps a small recompense for your wasted day. Not exactly wasted since you had a great win  albeit much sweeter if you had beat them in Court. But a win is a win so well done. We will miss you as it has been almost two years since you first started out on this mission. { I would n't be surprised if the wrong Court was down to DCBL}. I see you said "till the next time" but I am guessing you will be avoiding private patrolled car parks for a while.🙂
    • It is extremely disappointing that you haven't told us anything about the result of the hearing. You came here at the very last minute and the regulars - all unpaid volunteers - sweated blood trying to get an acceptable Witness Statement prepared in an extremely short time. The least you could have done is tell us how the hearing went, information invaluable for future users. Evidently not.
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ppi refund


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hi to all,

could someone please help me,

 

i have ongoing ppi complaint and they told us over the phone that we need to have PPI as the loan was of big amount for secured loan

and they wouldnt release the loan if we don't take ppi and at present they are being investigated now.

 

the problem is if being successfull fingers crossed how would i know if i am getting the right refund,

 

i tried several formula from this site but going nowhere.

 

i followed IMS21 formula but getting differnt amount and i cant find that thread now.

 

cash loan :22000

 

ppi :6380

 

APR (variable) 12.9%

 

int rate per annum 12.23%

 

monthly payment 434.58 variable for 108 months started 11/5/2006

 

thanks in advance for the help

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total cash price PPI / total cash price loan * 100 = %

6380/22000*100=29%

% of PCM = PPI PCM

29% of £434.58[PCM]= £126.03 PCM

fill in below for EVERY MONTH you made a payment.

 

StatIntSheet v101.xls

 

so from the

FIRST payment date [11/5/06]

enter date/reason/amount for every monthly [PCM] PPI payment ever made

 

dx

please don't hit Quote...just type we know what we said earlier..

DCA's view debtors as suckers, marks and mugs

NO DCA has ANY legal powers whatsoever on ANY debt no matter what it's Type

and they

are NOT and can NEVER  be BAILIFFS. even if a debt has been to court..

If everyone stopped blindly paying DCA's Tomorrow, their industry would collapse overnight... 

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It says on award calculation £1816.26 after i've filled in the relevant field upto this month.

ppi premium £6380

charge for credit £4170.52 for 108 months

the loan is still running and we have 3 more years to pay

how much refund approximately would we get so we wont rip off again?

many thanks again

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sorry?

 

use the calc i gave you

use the info from your agreement.

 

dx

please don't hit Quote...just type we know what we said earlier..

DCA's view debtors as suckers, marks and mugs

NO DCA has ANY legal powers whatsoever on ANY debt no matter what it's Type

and they

are NOT and can NEVER  be BAILIFFS. even if a debt has been to court..

If everyone stopped blindly paying DCA's Tomorrow, their industry would collapse overnight... 

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i have changed my exp post above for you.

 

dx

please don't hit Quote...just type we know what we said earlier..

DCA's view debtors as suckers, marks and mugs

NO DCA has ANY legal powers whatsoever on ANY debt no matter what it's Type

and they

are NOT and can NEVER  be BAILIFFS. even if a debt has been to court..

If everyone stopped blindly paying DCA's Tomorrow, their industry would collapse overnight... 

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Share on other sites

can you scan up the agreement please

 

 

scan the required letters/agreements/sheets - as a picture[jpg] file

don't forget you can use a mobile phone or a digital camera too!!

.

ENSURE: remove all pers info inc barcodes etc using paint program

but leave all figures and dates.

.

goto one of the many free online pdf converter websites

it would be better to upload a multipage pdf if

you have many images too rather than many single pdfs

.

or if you have PDF as an installed printer drive use that

or use word and save as pdf

.

open a new msg box here

hit go advanced below the msg box

hit manage attachments below that box

hit the add files button on the top right

hit select files, navigate to your file on your pc

hit upload files

.

.

dx

please don't hit Quote...just type we know what we said earlier..

DCA's view debtors as suckers, marks and mugs

NO DCA has ANY legal powers whatsoever on ANY debt no matter what it's Type

and they

are NOT and can NEVER  be BAILIFFS. even if a debt has been to court..

If everyone stopped blindly paying DCA's Tomorrow, their industry would collapse overnight... 

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hi dx,

sorry dx it's too technical for me to download what you've ask me to do, i'm not that literate in computer.I've read some previous post here and this is the calculation that came up. i've done the calculation as a fixed APR eventhough our APR is variable and our monthly payment now is higher than below.

Agreement: Amount of credit for

Cash loan £ 22,000.00 PPI £6380.00

Duration (months) 108 108

monthly payment £336.89 £97.69

APR (variable) 12.9 % 12.9 %

total charge for cedit £ 14384.12 £4170.52

interest rate per annum 12.23 % 12.23%

Variable

Summary: total borrowed £28380

monthly payment £434.58

 

CAlculation

statin

Award calculation : monthly payment PPI £7033.68

8% simple nterest 1720.12

total £8753.80

 

loan analysis

on the 73rd month column D £301.69

column E £132.89

column F £12739.69

thank you again for your patience

Edited by winslet
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PPI is 22.48% of total loan.

 

In the spreadsheet that dx gave you just list the payments of £97.69 giving the date of payment, a description (i.e. PPI Payment) and the amount (£97.69).

 

If your repayments changed due to it being variable rate, just work out what 22.48% of the total monthly repayment was and enter that figure in the list.

 

Do that for every payment you actually made.

 

The spreadsheet will do the rest.

 

You don't need to enter anything to do with interest rates as that is already included in your monthly repayment.

 

ims

 

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:rockon::rockon:

 

 

dx

please don't hit Quote...just type we know what we said earlier..

DCA's view debtors as suckers, marks and mugs

NO DCA has ANY legal powers whatsoever on ANY debt no matter what it's Type

and they

are NOT and can NEVER  be BAILIFFS. even if a debt has been to court..

If everyone stopped blindly paying DCA's Tomorrow, their industry would collapse overnight... 

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Share on other sites

hi ims, i'm actually followed calculation from your previous post here. i've just put fixed payment as i do'nt have exact figures of payment but it is not less than £434.58 permonth so what i am trying to find is only rough estmate of rebate if successful and tthis what came up:

 

 

CAlculation

statin

Award calculation : monthly payment PPI £7033.68

8% simple nterest 1720.12

total £8753.80

 

loan analysis

on the 73rd month column D £301.69

column E £132.89

column F £12739.69

thank you again for your patience

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post up the spreadsheet

 

dx

please don't hit Quote...just type we know what we said earlier..

DCA's view debtors as suckers, marks and mugs

NO DCA has ANY legal powers whatsoever on ANY debt no matter what it's Type

and they

are NOT and can NEVER  be BAILIFFS. even if a debt has been to court..

If everyone stopped blindly paying DCA's Tomorrow, their industry would collapse overnight... 

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post 9

 

convert it to pdf and attach it

 

dx

please don't hit Quote...just type we know what we said earlier..

DCA's view debtors as suckers, marks and mugs

NO DCA has ANY legal powers whatsoever on ANY debt no matter what it's Type

and they

are NOT and can NEVER  be BAILIFFS. even if a debt has been to court..

If everyone stopped blindly paying DCA's Tomorrow, their industry would collapse overnight... 

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