15 Jun 2019

A question about : ppi fees

In 2011 I was contacted by Belmont Thornton about ppi. I filled out their claim pack but explained that I was in financial difficulties and spud soon be going bankrupt. They said that wouldn't affect anything and continued anyway. They did get me about 200 pounds but because of my debts, the bank took the award bit I got fees of 65 pounds which I refused to pay. I went bankrupt and added them to my list of debtors. Now, out of the blue, they have contacted me out of the blue asking g for 282 pounds. Apparently I have 942 pounds in ppi coming my way from Barclays and the 282 pounds is their fee. It seems unjust to pay this amount and I wondered if anyone knows the law relating to these extortionate fees. Thanks

Best answers:

  • I assume that you agreed to these fees when signing up? It states on their website exactly what their fees are:
    How much will it cost me?
    We operate on a No Win No Fee* basis and won't charge you a penny unless we win your Claim. If we do win your Claim our fees are 25% plus VAT
  • Hi, thanks for the help. As it's a pre bankruptcy asset, am I not allowed to keep the 891 pounds that I just received from Barclays ? If that's the case, I should hjust hand over 282 quid to Belmont Thornton, or risk losing my paid back ppi. Am I correct ?
  • Does that also apply if I have been released for bankruptcy. It only lasted a year and the or signed me off. Thanks for all your great help, btw.
  • Does that also apply if I have been released for bankruptcy. It only lasted a year and the or signed me off. Thanks for all your great help, btw.
  • Yes it does. The money belongs to your creditors from the bankruptcy. To retain it without permission from the receiver amounts to fraud. You should pass it to them and tell Belmont Thornton that you have done so.
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