Companies in Default/FSCS Claims

A question about : Companies in Default/FSCS Claims

This is a thread for MoneySavers to discuss claims for loan providers now in administration, including how to go about claiming, how claims are going and anything else reclaiming related.

Companies in administration:

Statement from the FSCS on Picture Finance

Statement from the FSA on London Scottish

Twopart Ltd

Best answers:

• Thanks Di.
  Information I have about my claim:
  It is with Deloitte. It is one of the older claims as my form was returned in the middle of August 2008, reference number under 50.
  FSCS say all payments will be a cheque to ourselves ( unless you chose someone else on the form)
  I have been told at the moment Deloitte are collecting data on the claims from Picture and the insurer. T his will then go to a senior claims handler to deal with and calculate. It then goes back to the FSCS for them to look at and draw up the cheque.
• My claim with Picture started in Aug 08.
  It has now been outsourced to deloitte and am hoping now that it has declared in default things will start moving at a faster pace.
  My number is just under 300. My claim form was received at FSCS on 12th Sept 08.
  Spoken to deloittes today and they say they have started looking at and calculating claims. They said FSCS are hoping for all claims to be sorted within 6 months from Picture being decalred in default, although they would not confirm that this would happen. Think their hands are tied in as much as the info they are allowed to give out.
  xx
• Information I have about my claim
  My claim was originally with the FOS and later transfered to Delloites In July 2008. My claim number is between 100 and 150.
  I have spoken to deloittes who inform me that they are currently dealing with my claim. There is also many priority claims they are dealing with at the moment.
  We have heard that any compesation would be repaid to us in form of a cheque.
  Hopefully all claims will be dealt with by January 2010!!!!
• Come on dialysis where are you!!!!!!!!!!!!!!!!!!
• Busbyh thats a first for Deloittes to say they have started looking at and calculating claims. They didnt tell me that ,must have happened overnite!!
• Hopefully Dialysis, Chickpea, Lian and Gumbi will drop by and give their stories.
  And anyone else lurking!
• Yes, and after you have heard that they are looking at your claim and busbyh was told claims are being looked at and calculated (which they couldnt tell me yesterday) I will have to ring them on Monday to see if they are looking at mine! No patience me. xx
• Bushbyh
  Come to think of it you are right. They told me a very similar thing when I called them last week. Dont think you have misi nterpreted anything
• Is the only question we want to ask the FSCS about the 8% FOS award?
• Ok, just post anything you think of over the weekend and I will call the FSCS and Deloitte on Monday and get some clarification.