who is the FOS ? and would the claims company im dealing with now set out my finacial situation to the lender or is this something i need to do myself ? sorry for so many questions

there is no charge unless i accept the offer. which i dont think i will be as i most certinaly dont have the 2k to pay them. What would you class as finacial hardship in order to be able to disputing the ''setoff' and would i be able to reclaim but do it myself this time ?

i didnt think i was allowed to do that! but will surely look into it. sp what would your advice be to do with th ppi? i suppose there is nothing i can do if they want to pay it against my oustanding debt ?

Would i be able to make a claim again but cut put the middle man. I wouldnt mind so much and would accept the 6k if i then didnt have to pay an additional 2k to someone else.

No i haven't received a statement for a very long time. i just seen on that website u gave me that the debt is reducing. and i have been paying a company called moorcroft.

it actually ssays im paying HSBC the debt so i suppose i cannot dispute the set off and if i accept the offer id in addition have to pay the 2k to the company ive gone through

They can only set off against notified arrears or, if the account has been terminated and a debt remains then yes they can set off.

 

You say you made successful claims and then go on to say that you used a claims company?

 

If the latter you will of course have the claims company fee to pay as well.[/Quote]

 

 

NOTIFIED ARREARS? what do you mean by this, Sorry im kinda really confused with it all. i don't think im in any arrears as a direct debit comes out of my bank every month to pay it and has done for the past i dont no how many years. ( i havent received any statements from hsbc for well over 4 years )

and yes i used a claim company but have not accepted what the bank as offered them for me yet and im under the understandng that i wont get charged unless i accept.

can i dispute the set off ??

Can the bank keep my PPI money?? *** WON ****

Hi,

I have made a successful claim against HSBC group for PPI charged to me on three loans

Loan 1 was settled (PPI Charged)

Loan 2 was settled (PPI Charged)

Loan 3 fell into arrears and still has money outstanding but is being paid off monthly via a debt agency im sure the debt was sold on ( not sure how to find this out for definate )

the company i used are stating in their letter tht if i agree to the settlement of 6149 that it will be taken off the the outstanding balance from loan 3 , so i presume that they are saying that the ppi money owed to me for loan 1 and 2 will not be paid to me and in fact ppi money owed for loans 1, 2 and 3 will go towards paying off the oustanding debt of Loan 3

Is this correct?

Loans 1 and 2 were seperate to loan 3..

Slightly confused but advise would be appreciated.

Thanks