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    • Its just a case against a parcel delivery firm where parcel lost and a judge didnt agree that they were liable for more then insurance ws.   However my question is more about what the wording on the points of the order says which I copied above
    • Hi. I think we may need to know more about what has happened so far please, if you're able to tell us. HB
    • hi all, any feedback on the WS / bundle and the packlink invoice would be appreciated - they are attached in post #214 above. If no further amends are needed, please let me know. For reference, the date for filing the bundle is 24th May at the latest - this is 14 days before the hearing date of 7th June.
    • Hello, I'm wondering if someone can advise me on something. I'm appealing an order and have been asked to submit an appeal bundle and the below points are required to be included: 1) transcript of the judgment of the lower court on other record of reasons.  2) Statement of case. I'm wondering if anyone knows that "on other record of reasons" means. Also for statement of case would it just be a long document covering the reason for the claim, the findings of the lower court, why it was wrong and what I seek instead?   Thanks,
    • Hello, Thanks for the advice. I asserted my rights to reject and they accepted it and said they will refund me the full amount.  My question now is how long do they usually take to collect the vehicle? I've made it clear that I'm available for them to collect it whenever and I've been told its been passed on to the collections team. I chased it up today as its also raining heavily at the moment.  I just wondered if anyone had any experience on how long they usually take to collect? I'd obviously like it collected as soon as possible as I need to purchase another car.  Is it likely they will drag on the process of collection and what can I do if they do?  Thanks!
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    • We have finally managed to obtain the transcript of this case.

      The judge's reasoning is very useful and will certainly be helpful in any other cases relating to third-party rights where the customer has contracted with the courier company by using a broker.
      This is generally speaking the problem with using PackLink who are domiciled in Spain and very conveniently out of reach of the British justice system.

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HBOS PPI reclaim


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£3,844.15 + £343.59 = £4,187.74.

 

13.62% = £570.37 = PPI rolled into loan 2.

 

Work out £570.32 as a percentage of loan 2 and apply that to each payment made on loan 2. It gives you the amount being paid each month in loan 2 that actually relates to PPI from loan 1.

 

As said before, you just list all of this in one spreadsheet.

 

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£3,844.15 + £343.59 = £4,187.74.

 

13.62% = £570.37 = PPI rolled into loan 2.

 

Work out £570.32 as a percentage of loan 2 and apply that to each payment made on loan 2. It gives you the amount being paid each month in loan 2 that actually relates to PPI from loan 1.

 

As said before, you just list all of this in one spreadsheet.

 

Great...sorry I should have asked 'claim to date question at same time...sorry!!!

 

Well thats it...

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Good morning ims....this is the point where I am getting confused...I have done the first loan ppi...the critical point is the 'rollover' of ppi from loan 1 to loan 2...

 

Loan 2 is £10000

total charge for credit for cash loan £2336.60

insurance loan is £1877.56

total charges for credit for insurance loan is £438.44

total amount you pay for insurance loan is £2316

 

60 monthly repayments of £244.21

but settled early on 13.02.2004

 

BUT...how is the ppi rolled over from Loan 1

 

The total settlement figure on 05.03.2002 was £570.37...THIS IS MY MIND BLANK at this point...pls see spreadsheet if I so far correct

 

What is the formula for working out £570.37 as % of loan 2

 

I'm no good at this..sorry!!!

StatIntSheet v101-Halifax-PPI-Loan.xls

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£3,844.15 + £343.59 = £4,187.74.

 

13.62% = £570.37 = PPI rolled into loan 2.

 

Work out £570.32 as a percentage of loan 2 and apply that to each payment made on loan 2. It gives you the amount being paid each month in loan 2 that actually relates to PPI from loan 1.

 

As said before, you just list all of this in one spreadsheet.

 

 

Is this IN ADDITION to PPI being paid on loan 2 AS WELL

 

I am getting confused as to WHICH formulas to use and WHEN and to correctly apply on WHAT .:???:

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4.8% is the amount of PPI from loan 1 being paid through loan 2.

 

Loan 2 monthly repayment = £244.21.

 

4.8% of £244.21 = £11.72.

 

List the payments of £11.72 in the spreadsheet for however many monthly payments were made for loan 2.

 

Loan 2 ppi is 15.81% of the total loan (£1877.56 / £11877.56 x 100).

 

15.81% of £244.21 = £38.61

 

List the payments of £38.61 in the spreadsheet for however many monthly payments were made for loan 2.

 

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thats great of you ims...thanks...back to the drawing board...but i have it now as i went away and thought about it...i was thinking whther to also include the loan 2 ppi repayments but you have explained that ...

 

THANKS

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Good afternoon ....

 

Ims or dx100uk...I have completed the 2nd loan and the incorporation of the proportion of loan 1 ppi into Loan 2...BUT

 

HOW do I actually calculate the settlement figure (rollover).. into a proportion of ppi repayment to be paid alongside the Loan 3 ppi repayments ...I have calcualted the Loan 3 repayments that's no problem...

 

Loan 2 settlement figure is £8083.38

Loan 3 repayments are 366.34/mthly

Ins loan=3149.63

Tot Loan=18149.63

3149.63/18149.63x100=17.35%=£63.56 is proportion of ppi payment IN 366.34...

 

BUT how is £8083.38 expressed/calculated as rollover paymen to be paid alongside £63.56

 

Thanks greatly

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Same principles as before.

 

Loan 1 ppi in loan 2 is 4.8% of loan 2

Loan 2 ppi is 15.8% of loan 2

 

Loan 2 settlement is £8,083.38.

 

4.8% of £8,083.38 is £385.82

15.8% of £8,083.38 is £1,270.00

 

 

Loan 1 ppi being paid through loan 3 is £385.32 / £18,149.63 x 100 = 2.13% of loan 3

Loan 2 ppi being paid through loan 3 is £1,270.00 / £18.149.63 x 100 = 7.0% of loan 3

 

Monthly payment of loan 3 is £366.34

 

2.13% of £366.34 is £7.80

7.0% of £366.34 is £25.64

Edited by ims21

 

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I think I am losing the plot because I do not know from where the 4.8% is coming from in the first place

 

Posts 135, 137 and 141 above

 

..and also is my calculation wrong for monhtly proportion of ppi for 366.34 being £63.56..

 

That is correct

 

Answers in red

 

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It will take some time to understand this...but I am just cracking on with the figures and entering them into spreadsheet or I will be not making any progress just for wanting to understand what goes where...I must confess i still have no idea...but what the hell as long as correct figures go in correct cells in excel...i'll leave the method to you guys/gals

 

so in addition to £63.56 i must enter alongside that for every date payment was made the figures of 2.13% of £366.34 is £7.80

7.0% of £366.34 is £25.64....

 

I keep forgetting that loan ppi rollover keeps on being paid thru consolidation loans 2 AND 3...hence the 2 figures

 

 

Thnks for persistence..

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