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What happens if mortgage PPI was in joint names but parties are now divorced?


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Good evening.

I wonder if anyone can help or advise.

My partner's ex husband has asked my partner to sign a "Letter of Authority" from a PPI claims company in order that he can reclaim some PPI "for them both"!

 

Call me sceptical, but how do we know he won't just keep all of the money, as the company in question are dealing with him at his address?

 

I have told her not to sign them for a number of reasons...

 

1) She has no way to guarantee she will get her share.

2) The PPI claim company takes 33%

3) My brother used a company who only took 25%

4) I think she ought to try and reclaim ALL of her share HERSELF!

 

My brother seems to be of the opinion that if he had tried to reclaim HIS own PPI the banks would have given him the runaround. He was told (by the PPI company) that once a claim is opened they would not be able to help him so it was better to use them as he would have more chance of getting something. Is this true?

 

Any advice appreciated.

 

Thank You,

Redletter

 

 

'I believe the struggle for financial freedom is unfair - I believe the only ones who disagree are millionaires!'

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tell him to drop the claim and dump the CMC

 

 

do it yourselves for free rom here

and agree to split the reclaim.

 

 

you can lose upto 50% thru using CMC's

what with their fees, vat, tax & commission.

 

 

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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tell him to drop the claim and dump the CMC

 

 

do it yourselves for free rom here

and agree to split the reclaim.

 

 

you can lose upto 50% thru using CMC's

what with their fees, vat, tax & commission.

T

 

dx

 

Hi dx and thanks for the reply. This is what I advised my partner.

Do you think there is any truth in what my brother has been advised...that the individual is less likely to be successful than the CMC because the CMC "knows the ropes" as it were and the banks might not take the individual seriously?

 

Thanks.

Redletter

 

 

'I believe the struggle for financial freedom is unfair - I believe the only ones who disagree are millionaires!'

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Hi dx and thanks for the reply. This is what I advised my partner.

Do you think there is any truth in what my brother has been advised...that the individual is less likely to be successful than the CMC because the CMC "knows the ropes" as it were and the banks might not take the individual seriously?

 

Thanks.

 

No. It's nonsense propogated by CMCs to try and keep people paying them silly fees for something that is exceptionally easy to do on your own.

 

 

FOS stats show no difference in the uphold rates between direct complaints and CMC ones.

 

 

From one who knows, I would say it's more like the opposite way round.

 

 

Direct complaints from the customer in their own words come across as more sincere.

 

 

By contrast, when you've seen the same CMC template letter making the same standardised allegations for the 100th time

 

 

it's hard not to think "pull the other one son"!!!

 

Incidentally and ironically,

if the CMC told your brother that he was more likely to win the case with them than by himself

then they have missold him their services and he should complain about it.

 

 

Their own regulator's rules forbid them from doing this.

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hortz we agree.....

 

 

absolute total bunkum a CMC's have no more powers that joe public

 

 

in fact its the reverse

 

 

I've won lots where cmc's have previously been refused

 

 

its also worthy to note

most CMC's get a commission from hte large banks to under cut the punter

or agree with the OC's finding upon redress level.

 

 

I've had 3 now whereby te CMC got xx figure

 

 

they got paid off to cancel

 

 

and the awards were several 1000's more.

 

 

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... 

Link to post
Share on other sites

No. It's nonsense propogated by CMCs to try and keep people paying them silly fees for something that is exceptionally easy to do on your own.

 

 

FOS stats show no difference in the uphold rates between direct complaints and CMC ones.

 

 

From one who knows, I would say it's more like the opposite way round.

 

 

Direct complaints from the customer in their own words come across as more sincere.

 

 

By contrast, when you've seen the same CMC template letter making the same standardised allegations for the 100th time

 

 

it's hard not to think "pull the other one son"!!!

 

Incidentally and ironically,

if the CMC told your brother that he was more likely to win the case with them than by himself

then they have missold him their services and he should complain about it.

 

 

Their own regulator's rules forbid them from doing this.

 

hortz we agree.....

 

 

absolute total bunkum a CMC's have no more powers that joe public

 

 

in fact its the reverse

 

 

I've won lots where cmc's have previously been refused

 

 

its also worthy to note

most CMC's get a commission from hte large banks to under cut the punter

or agree with the OC's finding upon redress level.

 

 

I've had 3 now whereby te CMC got xx figure

 

 

they got paid off to cancel

 

 

and the awards were several 1000's more.

 

 

dx

 

 

Thank you to both of you for your replies and advice. Interesting that the CMC might have miss old to my brother. I will ask him what exactly was said.

I will definitely research on here how to reclaim the PPI without the leeches!

 

As neither my partner or her ex have details of account numbers for the mortgage accounts in question, could my partner SAR her bank who she holds her account with now?

When she and her ex were married they held a joint account with the same bank.

If she was to send a SAR with her present account details, should that include details of the joint account they held together? This would hopefully then lead to details of the accounts to which her mortgage payments were made.

 

Thanks again.

Redletter

 

 

'I believe the struggle for financial freedom is unfair - I believe the only ones who disagree are millionaires!'

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so its mortgage PPI then that's up for grabs?

 

 

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... 

Link to post
Share on other sites

so its mortgage PPI then that's up for grabs?

 

 

dx

 

I believe so. They had 3 different addresses , each time with a different mortgage provider.

Is it the same procedure?

Thanks,

Redletter

 

 

'I believe the struggle for financial freedom is unfair - I believe the only ones who disagree are millionaires!'

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no just nailing down your target.

 

 

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... 

Link to post
Share on other sites

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