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Scottish Trust Deed Forum
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13/08/2013 6:07 pm
Hi Peeps, Just got a question I would like to ask.... Ok when in a trust deed, as we all know the Insolvency Practitioners got us to claim back PPI. I was just wondering what happens to people in a trust deed who were originally in a partnership when PPI was misold say just as an example ten years ago and have now separated, has the Insolvency Practitioner still got the right to take ALL PPI or can your Ex partner make a claim against the IP to reclaim their half, if they have not already claimed it ?? surely they are entitled to some PPI also? The reason I am wondering is when I separated from my husband I kept the house as long as I took on the debt being credit cards loans which I eventually couldn,t manage so ended up with PTD, now ex husband says he is going to claim PPI as some of the cards, loans in joint names LOL he doesnt know Ii have PTD so he is in for a shock because BT has reclaimed it ooops!!!!!!
13/08/2013 6:14 pm
Hi lissybladey.
When this has been discussed here before it's seemed as though an insolvency practitioner probably has the right to retain the full amount of a PPI refund (because of its joint and several nature) but in practice may consider it more reasonable that the partner receives a share.
I guess it comes down to the view of the IP and their knowledge of the circumstances involved.
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