DMP and PPI

[M'n'M]

Hi we (My wife and I) need some advice.

 

We are in a joint DMP with payplan and it is going well as far as making regular payments, payment history and generally hassles from all creditors.

 

Some debts go as far back as 2007 (point of initial Default).

 

We are being plagued with PPI claim outfits (because of our credit history and status being sold we presume).

 

Some of our debts had PPI which to us implies the outstanding amount could be unrealistic.

We also have records (limited not full) of PPI's in force dated 2005 is it possible to make a claim for these.

 

We realise that any success at claiming will come off our debt where creditors are concerned.

We have the option of using "Stake your Claim" part of PayPlan to assess the claims even the non creditor ones.

 

What we were wondering is if we do this and claim via stake your claim which seems the logical step would they be able to retain any Monies from non creditors to put towards out DMP without our consent.

 

Any help would be appreciated

 

M'n'M

[dreadpiratesteve]

Do it yourself! Have a look at the PPI forum! Any money back can only be used to offset against notifed arrears only! So a PPI claim from HSBC cannot be used against a Lloyds TSB account.

[Guest]

if need further info, could do a sar for all data held. this should show any ppi payments/history.

[M'n'M]

Thanks for the reply, it seems like a mindfield just like bank charges (our cases for that were unsuccesful).

 

We have a limited number of Credit card statments which show PPI, alas we don't have enough to make an informed amount to claim, a SAR will only go back 6 years I believe 3 accounts were cleared in august 2005, which is really annoying.

Some of the claim companies are advertising going back 10 in a claim.

 

We are really at a loss of what to do.

 

Thanks for the advice

[Guest]

..........

 

We have a limited number of Credit card statments which show PPI, alas we don't have enough to make an informed amount to claim, ........

 

seems that you may well do. creds are obliged to investigate the ppi when a ppi complaint is submitted. see then what they come back with

Edited October 9, 2012 by Ford