Ppi after Trust Dee...
 
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Ppi after Trust Deed is discharged

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(@looloo123)
New Member
Joined: 7 years ago
Posts: 2
Topic starter  

RBS are refusing to pay me ppi despite the Trust Deed being discharged in 2016. My understanding was that a precedent was set when Donnelly v RBS won her case in the Court of Session in 2017. Am I wrong? Can they legally do this ?


   
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TDA (Debt Adviser)
(@tda-debt-adviser)
Illustrious Member
Joined: 16 years ago
Posts: 13594
 

Welcome to the forum Looloo123.

I'm afraid we not trained or regulated to provide legal advice to you. You'd need a solicitor for that (which might of course be very expensive).

We do know that this is the position that RBS has adopted and believe (though we may be wrong) that there might have to be more legal activity before a definitive position were reached.

In case you haven't seen it already, a summary of what we do currently understand is at:

https://www.trust-deed.co.uk/rbs-and-ppi-claims-after-trust-deeds.html

Qualified Debt Adviser & Forum Administrator - Ask me anything about Trust Deeds


   
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(@looloo123)
New Member
Joined: 7 years ago
Posts: 2
Topic starter  

Ok thanks for your help.


   
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(@amorphous)
Trusted Member
Joined: 15 years ago
Posts: 96
 

Just out of curiosity, what would likely happen if RBS lose all legal appeals on these cases? Would the debtor then be reimbursed the money used in offsetting?


   
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TDA (Debt Adviser)
(@tda-debt-adviser)
Illustrious Member
Joined: 16 years ago
Posts: 13594
 

Well... it's hard to see how they could retain the money if it became legally settled that there was nothing for them to offset it against I suppose.

Obviously this is just speculation though.

Qualified Debt Adviser & Forum Administrator - Ask me anything about Trust Deeds


   
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