Hello sillybohy1.

There are lots of reasons why PPI may have been missold, some of which may not be very obvious.

I'd suggest doing what you've been asked to so that you can put this behind you. Tell the truth on any forms, and then let the claims company and any firms you bought PPI from sort out whether it was missold.

HI Sillybohy1. It might be worth phoning Invocas to speak to them. I have had the same issue and received the same letter on Friday and was really quite worried about. I wastold that this was a mistake and that the letter should not have been sent out to me. I think this may have happened to a few people. Might be worth speaking to them. Hope you get it sorted.

Hi Newbie65,

I recall you saying on here at some point that a had to put in an objection regarding a claim for ppi, how did you get on with this? We have a similar problem, where our ppi wasn't missold as that was our local bank and we always opted for the protection as if anything did go wrong we would get some help with repayments my husband would only get ssp if he went off sick which would have been our biggest concern.

Hi lorrainek.

If the PPI clearly was not missold I'm sure your bank will put up a robust defence if your trustee insists on making a claim.

Not all PPI was missold, and not all claims end in a payout.

Some companies really are handling all this ppi stuff very badly!!!

I am still waiting on RSM Tenon letting me know whats happening!!

Paul

It need not really matter though Paul given that you have been discharged?

Its the handling of it all though TDA,whether discharge or not, Slater Hayward Law have made a real pigs ear of attempting to reclaim any ppi.

And I am sure that the fact that I was told august for my trustees discharge will be extended further due to their incompetence.

And many other companies are using similar firms(equity in finance is another that really doesnt seem up to the task its being asked to do).

Paul

These trust deed companies are abusing the Scottish government legislation and also breaching contract agreements, they are also breaching the advertising standards authority rules. Does anyone know who is dept free after 36 months?

[ It is a joke and a money making racket for some of these trust deed firms and their associates, its about time we contacted the Scottish government to let them know of the abuse.

Hello sillybohy1.

You're obviously entitled to your view.

It's worth remembering that many trust deed firms weren't looking to make PPI claims until they were instructed to by their regulatory bodies.

The claims are made to improve returns for creditors, which seems fair enough if everything is done promptly and fairly.

I thought I was done with all of this as well. I got a letter from Invocas last week saying I had to sign a claim pack and send it back. I called them to question this and they said it was Equity In Finance who'd sent it out. Funny, it said Invocas on the letter. After a bit of a discussion, they said it shouldn't have been sent and that I could ignore any future letters. Yesterday however, I got a letter from Equity In Finance saying that they had processed my claim with Barclaycard and that they had agreed a settlement figure of £5400 which I had to sign a form for. I was told by them months ago that they had closed anything on my claim as there wasn't one. I'm beyond fed up that they just seem to be doing whatever they like and I'm left hanging. I know that I'm discharged, form 5 has been received but this now seems never ending.

That does seem pretty confusing and poor gillian.

Please let us know how it develops from here.

I've emailed Invocas and Equity In Finance so hopefully someone should be able to tell me what's going on. I'm so sick of having to tell people that I wasn't mis-sold, I knew what I was buying and I was happy to sign up for it. Clearly I'm assumed to not be in possesion of my faculties and incapable of making this kind of statement.

This Gillian, is what is annoying me also,its all being done in such a money grabbing/ambulance chasing manner its pathetic!!!

Just because many banks are not contesting claims(its cheaper just to pay out),several trust deed companies have decided there is profit to be made in employing 3rd party firms to chase up ppi,in a very unregulated manner.

There could be reclaims against these reclaim firms in the very near future.

Paul

I received a letter from my Trustee advising I would hear from Equity in Finance to try to reclaim PPI. I replied saying I was happy to co-operate, and happy that anything they recouped to be set against the debts I had, however, I had never taken PPI with anyone since I have always been in secure employment and the cost was prohibitive.

I received two letters from Equity in Finance authorising them to contact the lenders which I signed and returned. One of the lenders (bank) wrote to me to say they had my claim but I did not have PPI with them. I did not receive anything from the second one so I assume it was sent directly to Equity in Finance.

To be honest, it seems a bit of a cheek to ask them for PPI back when someone has defaulted on their payments.

I have not heard anything from Equity in Finance or from the Trustee to advise if there was any result from that. That said, I assume not since I have never (knowingly) taken out PPI.

The last payment for my Trust Deed was made this month (subject to clarification on the property equity).

It seems from the letters I have received from my Trustee, that the trustees have been forced to deal with the VAT aspect and also the PPI aspect within the past year. I can only assume that that will add a burden to their administration and costs and cause delays in finalising Trust Deed paperwork. But I am open to being advised otherwise.

As a separate question, is it possible for someone who has completed a trust deed to claim mis-sold PPI separately after the Trust Deed has been completed, and not declare to the Trustee?

Equally, is it possible for the Trustee to write after the Trust Deed is complete to pursue PPI.

What happens if PPI has been paid out to the individual after the Trust Deed is completed?

It all seems a bit confusing reading the posts.