PPI Claim after a CCJ award?

[maddog2008]

I have a HFC loan account which stupidly I accepted a CCJ on in 2007 for the interested front loaded loan, PPI costs, Solicitors Collection Charges & legal fees.

 

At the time I wasn't aware of how loe HFC and Restons success rates were so I agreed a monthly payment plan as part of the CCJ.

 

I know the CCJ is enforceable but could I also start a claim against HFC for being misold the PPI insurance which they told me I had to have to get the loan. Or have I missed the boat with this because of the CCJ?

 

I was thinking an alternative would be to sue the solicitors for fraudulent misrepresentaton as they had lied or made a reckless statement in their claim inducing me into loss and damage.

 

Fraudulent misrepresentation would be quite a good one because it may get the solicitors struck off.

 

Am I losing the plot or do I have valid points?

 

Thanks

[alanalana]

I have a HFC loan account which stupidly I accepted a CCJ on in 2007 for the interested front loaded loan, PPI costs, Solicitors Collection Charges & legal fees.

 

At the time I wasn't aware of how loe HFC and Restons success rates were so I agreed a monthly payment plan as part of the CCJ.

 

I know the CCJ is enforceable but could I also start a claim against HFC for being misold the PPI insurance which they told me I had to have to get the loan. Or have I missed the boat with this because of the CCJ?

 

I was thinking an alternative would be to sue the solicitors for fraudulent misrepresentaton as they had lied or made a reckless statement in their claim inducing me into loss and damage.

 

Fraudulent misrepresentation would be quite a good one because it may get the solicitors struck off.

 

Am I losing the plot or do I have valid points?

 

Thanks

 

You need to do some research but IMO you would no doubt have a claim on the PPI issue as 90% of PPI policies have according to the Financial Ombudsman Service have been mis-sold. I believe the CCJ issue to be irrelevant the main fight here is the PPI mis-selling.

 

Also see this link as HFC have already been fined over PPI.

[maddog2008]

When I took the loan from HFC I was told that I must have the PPI to get the loan.

Can anyone advise what my PPI entitlement would be? The PPI cost was £1508.22 for a 5 year loan at 22.6%apr. The interest on the PPI was detailed as £915.19 in the CCA. I defaulted on the loan and then tried claiming in September 2006, which they refused to pay as I had defaulted. They therefore cancelled my insurance policy and refunded me £502.47 reducing the loan amount.

 

The amount of PPI I paid including interest was therefore £1,920.94 after the refund.

 

I then had a county court judgement made against me in October 2006 where the solictors had the loan amount plus the insurance plus the interest for the 5 years, plus legal costs, plus a collection charge. Less the refund they already gave me.

 

I know I'm entitled to claim the £1,920.94 but can I claim for interest after the judgement date? If so at what rate 22/6% or 8%? Also could I claim the legal fees and collection charge as consequential loss and damage on the basis that if the PPI had not been added to the loan that I would never have defaulted.

 

I currently have over £11k on a CCJ for a £6k loan so any advice on how to maximise this claim entitlement would be greatly appreciated.

 

Thanks

[maddog2008]

Does anyone know what the latest with this test case is?

 

PPI claim sent to HFC, they told me that it was on hold due to the case.

 

PPI claim sent to Ombudsman. Called Ombudsman today who told me that they will not investigate until HFC respond, HFC are refusing to respond due to case.

Ombudsman said that they are continuing to request PPI to be to be investigated by can't do anything without a response.

Anyone know what's going on?

Thanks in advance

[stepwayne]

any more info .in a similar situation?

[ims21]

any more info .in a similar situation?

 

Hi

 

Old thread...best to start your own and give us the details please.

 

ims