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About dellboy99

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  1. Update. So Nemo have rejected all my claims to re construct the loan and have now started repossession proceedings with the court. i have a complaint with the FOS pending. Could i ask the court to adjourn the case until the FOS has concluded their investigation - as this could have a massive effect on the amount owed and monthly repayments?
  2. thanks Citizen I agree, but they have made massive amounts of charges and interest is still being charged on the PPI going forward. I now owe them £90k on a loan of £60k after 6 years of payment. Surely i can get them to wipe of the charges and interest on PPI going forward. Also the arrears are as a result of PPI not being valid is there not a case here for the Ombudsman?
  3. Hi guys i dont want to appear ungrateful but i am more interested in whether there is a case for reducing what they think i owe them due to PPI mis selling even though they claim it wasn't them that sold it. i know i am going to have to make payments to them but i feel that the PPI should have picked up the payments in 2008 when i lost my job and this has caused the debt to escalate. They have refused to write off charges and interest will the ombudsman rule in my favour?
  4. i have statements covering a lot of the loan term and can request the rest.
  5. Hi guys thanks for your interest. I totally want to keep the house, i cannot make the £700 plus per month they are asking for but i could make £650 at a push. when the loan was taken out it was £60k plus the £11k PPI. Initially payments were about £450 but they also now claim i owe them in excess of £90k is there no grounds to get the interest and charges wiped out from 2008 to date due to the PPI not being fit for purpose? also they are saying they weren't the broker but i never dealt with anyone but nemo.
  6. hi guys is that enough info, do let me know if you require any more
  7. Thanks guys for your help with this. I have tried to lay this out in time order. secured loan loan was taken out in June 2006 original agreement attached agreement.pdf Payments up to date until around june 2008 when a few payments here and there were late. lost job in september 2008 but continued to make payments as they hassled endlessley. some of these were late but generally kept up through to 2010 continually complained about PPI complaint rejected by Ombudsman due to time since last response - lesson learned no refund of half PPI funds due to late payments. payday
  8. Thanks guys, i will scan all the relevant info this evening. I will also answer all the questions in full.
  9. Hi there, i have actually used most of the arrears to pay the council tax so i didn't go to prison, also some arrears on the main mortgage. They are now claiming £91k when i only borrowed 60 + PPI of 11. The fact that the PPI didnt pay out is what caused the financial hardship and arrears in the first place. i have complained to them but they rejected everything within a week and sent a solicitors letter. i can send you a copy of my letter to them if you want?
  10. in addition, although i didn't knowingly deal with anyone else the claim a third party sold the ppi so its not their fault. i am lodging a complaint with the ombudsman will they be able to repossess my house? the main lender is ok
  11. Ok so now i have nothing to lose. the sharks involved here are Nemo Personal Finance. they have just sent me a letter for repossession claiming arrears of near enough the exact amount awarded by the FSCS
  12. many thanks. ill get on with that! it is a nice place to be for a change. i will tell the whole story about these bandits once ive concluded with them. cheers
  13. ims21 many thanks for your reply. i fully intend to name and shame but not until i have concluded my business with them - my house is on the line here. so to be clear initial sum loaned was 60k with 11k ppi added. i am going to ask them to restructure the loan as if i only borrowed 60k. i am also going to ask them to write off any interest and charges relating to arrears etc as the ppi didnt pay out and caused the problem in the first place. am i correct in doing this? thanks
  14. hi the loan is still active and in arrears i don't want to be obstructive but i don't want to name the company as they are known to read posts here. i am going to ask them to re structure the loan, am i able to ask them to remove the ppi element?
  15. (Thought i had posted this but it didn't show) Hi everyone, i have just had a nice big cheque from the FSCS for mis sold PPI plus interest - it is only 90% of the claim but it is a nice place to be after all these years. My question is - Do i still owe the loan company for PPI now it has been declared mis sold? i will be asking them to redress the loan but can i expect them to remove the PPI from it? any advice very much appreciated cheers
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