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Topic starter
15/01/2014 9:16 am
I had a phone call from a company wanting to claim ppi for me...Can I do this or is it up to the trustee to do this? The company would take 35% of anything I got so wouldn't it make sense that my trustee did it and got that 35% as well as the amount of ppi that would obviously go into the trust deed to give to creditors?
Protected 2014...due to finish 2018...early finish after selling house!
15/01/2014 9:33 am
Hi FF36.
Always best to ignore cold-callers and especially with things like financial claims.
I'm sure your trustee will have a claims partner firm that will investigate your PPI in due course.
Qualified Debt Adviser & Forum Administrator - Ask me anything about Trust Deeds 
15/01/2014 9:40 am
Hi FF36
If you are are in a Trust Deed, then the Trustee would be responsible for pursuing this. Even if you were to investigate this, any funds would go to the Trustee.
As TDA advised, always best to ignore cold calls.
Mark
Mark is not posting regularly in the Trust-deed.co.uk forum.
Topic starter
15/01/2014 9:41 am
That's what I thought...the company were very persistent with saying it was ok that I was in a trust deed...They caught me in a weak moment...I usually just ignore them! Thanks
Protected 2014...due to finish 2018...early finish after selling house!
15/01/2014 10:12 am
35% is a big fee for them to carry out the work but not uncommon for the market.
Most Trustees will have instructed a PPI company to undertake this work on their behalf and came to an arrangement regarding the fee that the PPI company can charge. I'm sure most fees will be a lot less than 35%.
Cold calls rarely result in anything position. It's usually just a sales agent trying to meet targets.
David is not currently posting in the Trust-Deed.co.uk forum
