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Jamie-Law
Jamie-Law, Solicitor
Category: Law
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Experience:  Solicitor
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I had a PPI claim worked for me by a PPI claim, I was paid

Resolved Question:

I had a PPI claim worked for me by a PPI claim, I was paid out and paid the firm what they said I owed them. 5 years later my bank has contacted me saying they erorred in the claim and owed me more than the PPI firm got for me. Do I need to tell them about this? Also will I have to pay them more money, as the bank recheckexdrecheckexd due to the claim made in 2011.
Submitted: 1 year ago.
Category: Law
Customer: replied 1 year ago.
I mean PPI claim firm.
Customer: replied 1 year ago.
That's rechecked, working nights, Brian switching off lol
Expert:  Jamie-Law replied 1 year ago.

Hello my name is ***** ***** I will help you with this.

How much is due to you please?

Customer: replied 1 year ago.
I have been paid £5971.56 & I have just under 2000 left as I have booked a holiday
Customer: replied 1 year ago.
The pay out the first time was just under 6,000
Customer: replied 1 year ago.
Part of the amount is from, other loans they had just found.
Expert:  Jamie-Law replied 1 year ago.

Ok. Technically you would be liable to pay the share to the company.

So I would accept the deal from the bank, then set aside the portion to the PPI company and put this in a savings account.

If they do not ask for it after a year, you will be ok.

But set it aside in a savings account just to be safe.

Can I clarify anything for you about this today please?

Customer: replied 1 year ago.
it`s a case of wait and see
Expert:  Jamie-Law replied 1 year ago.

Indeed. Thats why to set it aside so if they ask for payment, it does not come as a shock

Does that clarify?

Customer: replied 1 year ago.
Reading the letter from my bank, they say that this decision is a different to the one made when I originally complained! Does this change your thinking?
Expert:  Jamie-Law replied 1 year ago.

Probably not. In reality you would have signed terms with the firm to say that they are entitled to a % of any money recovered.

So even if they didnt recover this, they are probably entitled under the contract.

That is why you just need to set it aside.

Does that clarify?

Customer: replied 1 year ago.
Thank you
Expert:  Jamie-Law replied 1 year ago.

If I could ask you to rate my answer before you go today, otherwise the site does not pay me for the time spent with you today. Thank you in advance and good luck!

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