Swift after repo on £30k debt of which +£12k is charges +£2k is PPI!!

[dx100uk]

statements are above as a hidden attachment.

[martin2006]

No worries , it will b done by tomorrow afternoon, pm me an email addy and I'll send the completed CIsheet back to you so you have the full package for the OP

[dx100uk]

post it here

as an att

it doesnt have to have any OP details

upload as an XLS

[Ell-enn]

Hi there, what defence did you enter for the hearing in August and have you written any sort of statement for the one on Monday ?

What did the court ask you to do at the last hearing ?

[sofi335311]

Hi there, what defence did you enter for the hearing in August and have you written any sort of statement for the one on Monday ?

What did the court ask you to do at the last hearing ?

 

i made a proposal for payment of £250 per month but was rejected by swift

the judge suggested i contact shelter and get some advice on a time order but after coming on this forum i dont think a time order is appropriate especially if the balance is dodgy

 

what do you think?

[Ell-enn]

Is the whole balance they are after made up solely of charges and PPI ?

[sofi335311]

yes i think so because we have paid

£23.262.75

[dx100uk]

i'll try and work on that over the coming 24hrs ell

looks like it too me

[sofi335311]

we borrowed £10000

£2825 ppi & broker fee

paid £23262.75

loan term ended april 2016 but swift claiming we still owe them £30409.24

 

how can that be possible??

 

court date monday 26/09 @ 10.20am

 

i'll try and work on that over the coming 24hrs ell

looks like it too me

 

tnx DX

[dx100uk]

just look at the statements ell-enn

I hadn't

£23 being charged weekly for arrears management.

 

oh and ive rotated the scans now too opps ...

[martin2006]

Spreadsheet completed, see attached

Swift CISheet.xls

[Ell-enn]

Good grief ! how do they think they're going to get away with that. You need to take all the calculations regarding fees and the statments showing these fees to court to show the judge and also advise that you are raising a complaint for unfair treatment.

[martin2006]

There was also around 2-3k in litigation and solicitors fees which havent been added to the spready. They coukd always be added in later.

 

Used an average 12% which is about right over the term

[dx100uk]

great work

i'm wondering if we do put them in now

they can always be taken out?

 

 

PPI will be later tonight sadly

[determindator]

Good grief ! how do they think they're going to get away with that. You need to take all the calculations regarding fees and the statments showing these fees to court to show the judge and also advise that you are raising a complaint for unfair treatment.

 

This is the problem with Swift. The loan is set up to fail.

 

Many were sold by Swift knowing the borrower wanted to consolidate debts and end up in a better position. This could never be.

[sofi335311]

This is the problem with Swift. The loan is set up to fail.

 

thank you everyone for all your help

 

Good grief ! how do they think they're going to get away with that. You need to take all the calculations regarding fees and the statments showing these fees to court to show the judge and also advise that you are raising a complaint for unfair treatment.

 

so should i print of the spreadsheets and take them to court with me Ell?

[determindator]

 

Many were sold by Swift knowing the borrower wanted to consolidate debts and end up in a better position. This could never be.

 

Keep going Sofi.

[sofi335311]

What should I put in my defence??

[determindator]

I'm sure the team will guide you shortly.

[Ell-enn]

I'll get back to you tomorrow with some suggestions.

[sofi335311]

Spreadsheet completed, see attached

 

tnx for spreadsheet martin

 

the total of £20406.66 is that reclaimable?

[dx100uk]

oh yes...

and the PPI.

 

yes present those to the judge.

 

PPI i'll try and bash out tonight

[determindator]

This is an excellent constructive thread. Well done to you all.

[martin2006]

Your welcome sofi and yes thats reclaimable.

 

I might also suggest adding in the litigation and solicitors fees. If nithing else it gives you more room to negotiate.

 

And we havent seen the PPI calculations yet.

 

As previously said, once the legwork is done, they will no doubt owe you. A considerable sum!!

[sofi335311]

Your welcome sofi and yes thats reclaimable.

 

I might also suggest adding in the litigation and solicitors fees. If nithing else it gives you more room to negotiate.

 

And we havent seen the PPI calculations yet.

 

As previously said, once the legwork is done, they will no doubt owe you. A considerable sum!!

 

thank you all very very much

 

one thing i dont understand is on what grounds can i claim it all back??

i understand ppi cn be claimed as i didnt tick the box but the rest