Banks challenge new PPI rules

[pompeyfaith]

Re: Banks challenge new PPI rules

an ombudsman decision is binding in court also i believe

[di30]

Re: Banks challenge new PPI rules

Right, just wondering now though whether I should still continue with the remaining 2 ppi complaints I have with lloyds or not?? (or wait)
Its only now I started to get these together, just wish I came across these 2 when reclaimed on the last 4 lol.

[pompeyfaith]

Re: Banks challenge new PPI rules

dont quote me on this nellie but i believe as yours has been upheld by an ombudsman and thus the JR does not apply to you as it was upheld on the current rules and not the ones to be implemented on the 1st december i see no reason why you cant

[nelliewops]

Re: Banks challenge new PPI rules

PF do you (or anyone else for that matter!) have any idea if a legally binding decision by the FOS could still be enforced through the courts under these circumstances please?

[di30]

Re: Banks challenge new PPI rules

Yes that is so true PF. I'm with you.

[pompeyfaith]

Re: Banks challenge new PPI rules

We have in black and white from the FSA and FOS that claims will continue as normal while JR is being heard so i think we should be going on that and not what we have heard from other boards if we encounter any problems i think we should quote what the fsa and fos has said until we have differant confirmed PF

[di30]

Re: Banks challenge new PPI rules

Yes maybe the payouts are still ongoing, so Nellie, you could see what happens by the date you were told, still contact the FOS to ease your mind. X

[NLP]

Re: Banks challenge new PPI rules

if they have said they have upheld the claim and will payout soon, i would be very surprised if you did not see that money soon enough.

its another issue altogether if they stop processing claims mid stream, but if yours has been processed and they say they will pay you X and then dont.... they are in BIG trouble legally.

dont worry.

[di30]

Re: Banks challenge new PPI rules

Bl**dy heck!!!

How frustrating!!!

[nelliewops]

Re: Banks challenge new PPI rules

Your welcome Nellie. XX

I just had a quick nose now over at MSE, hopefully Blakeney will get back with a useful post/message tomorrow for you.

Norton have had long enough already, so its more stalling time then??
Maddening!

Extremely Di - their letter saying they would be sending out the refund cheque on or before the 15th only arrived this morning too

[di30]

Re: Banks challenge new PPI rules

I suppose its just the fact of having to wait a little longer then for payouts of complaints already upheld?

I do think if this does go in our favour, further redress should be awarded for the inconvenience this have caused - to the ones who have had upheld cases and have been waiting for their refund.

[NLP]

Re: Banks challenge new PPI rules

I agree NLP, but Norton have been avoiding paying out on a legally binding decision for 6 months and will now obviously jump at the opportunity to avoid paying out at all, especially as they have already informed another complainant via the FOS that they have put all claims on hold............

nellie, dont worry, we have the FOS and FSA on our side... remember the banks are licensed by the FSA, so they are the masters.

blooming cheeky of them to take the FSA on, would love it if they took a license or two away over this

[di30]

Re: Banks challenge new PPI rules

Will do Di - thank you

I'm not sure where I stand with a legally binding decision - not many other people seem to have been in that situation as most companies pay up before it gets to that stage it seems.

Also I'm not sure if Blakeney on MSE's ccomplaint got to the ombudsman/legally binding stage or if it was just an adjudicator decision - I've just PM'd her, but no reply as yet as she's probably turned in for the night............

What annoys me is that for the last 3 months the FOS have continually told me to allow Norton more time - yet it will be 6 months this week since the ombudsman upheld the adjudicator's decision :tinysmile_cry_t:

Nellie x

Your welcome Nellie. XX

I just had a quick nose now over at MSE, hopefully Blakeney will get back with a useful post/message tomorrow for you.

Norton have had long enough already, so its more stalling time then??
Maddening!

[di30]

Re: Banks challenge new PPI rules

Yes I agree NLP......we shall see what turns up in writing if this is the case, and take it from there if needs to be.

[nelliewops]

Re: Banks challenge new PPI rules

it is unfair, but we need to be calm and not spread wildfire that is not correct

the FSA / FOS are VERY VERY clear that claims should continue

and reading more into this judicial review, it seems its nothing like the bank charges, which was a proper test case.

I agree NLP, but Norton have been avoiding paying out on a legally binding decision for 6 months and will now obviously jump at the opportunity to avoid paying out at all, especially as they have already informed another complainant via the FOS that they have put all claims on hold............