PPi Video on Black Horse Finance Case

[Cartoon Bankers]

Please see the link below when you have time.

You Just Have to Laugh - Cartoon Bankers

Notes:

“A case in which Black Horse chose to reject a claim on the payment protection insurance on a second charge mortgage and brought re-possession proceedings instead. A calculation showed that had the couple not taken out the PPI they would never have fallen into arrears in the first place.”

Thanks again for your support

Alex Woods
Solicitor & Non-Practising Barrister
About Alex Woods

[Brian]

Re: PPi Video on Black Horse Finance Case

good bit of video Alex, good stuff...

[pt2537]

Re: PPi Video on Black Horse Finance Case

Theres a good High Court judgment coming soon too, well good from my clients view, not for MBNA

[pompeyfaith]

Re: PPi Video on Black Horse Finance Case

Fantastic PT cant wait any action from MBNA that results in a win for the consumer is a very good result.

[Bill-K]

Re: PPi Video on Black Horse Finance Case

"...had the couple not taken out the PPI they would never have fallen into arrears in the first place.”

I feel that the FOS diktat that 'the borrower should be put back into the position they would have been in, had the PPI not been sold' needs to be tested thoroughly, and cases such as this seem to be steps in that direction. I am finding that the terms 'Compensation' and 'Consequential Losses' seem to be converging to the point where the effects of mis-sold PPI are reaching much further than the re-scheduling of a loan. The re-building of shattered lives and marriages is becoming an issue in my experience.

I believe that we should perhaps distinguish between the mere financial redress that the FOS seems to limit itself to, and the issue of proper compensation for the wider damage inflicted by PPI mis-selling.

Good stuff, Alex. Keep it coming.

[pompeyfaith]

Re: PPi Video on Black Horse Finance Case

Good post Bill and is my view also my marriage become very rocky indeed and caused heaps of arguments as well as distress and anxiety to the point it put me in hospital with a heart attack.

If I had known at the time that the FOS would not justly investigate my PPI complaint and instead just go along with what ever the bank said I would of never used that route and instead used a solicitor.

This would of cost me of course but I believe I would of got a better outcome in a lot quicker time.

[Bill-K]

Re: PPi Video on Black Horse Finance Case

Your circumstances were in mind when I made my comments, PF - thank you, sir.

It doesn't sit squarely with me, that the FOS are funded by the banks themselves. They are therefore policing their own paymasters. In a perfect society that might work - but in a perfect society, policing would not be necessary anyway, would it ?

Policing by Consent must surely be better than Policing by Dictation - but when that consent is so arrogantly disregarded, then we have an abuse of power, IMHO. In a true democracy, such an abuse would not survive, because it would not carry the consent of The People.

We do not give our consent to this, and yet it continues. Are we living in a democracy - or do we start sharpening the blades of Mme. Guillotine ?

"Sed Quis Custodies Ipsos Custodes ?" (Google the fecker...)

The 'Noble Lie' seems to have failed. The People are all that's left to protect the truth. Always was - always will be, I guess. World Without End. Amen.

LOL - somehow, I feel the above post would sound so much better in a Spanish/Mexican accent !!!

Viva la Fajita !!! Vive le Nacho !!!

...but PLEASE stop La Revolucion....I'm dizzy and I just want to get off.

[Angry Cat]

Re: PPi Video on Black Horse Finance Case

OOH, did my eyes read correctly, MBNA?

Luvvely Jubbly...

[ncf355]

Re: PPi Video on Black Horse Finance Case

Theres a good High Court judgment coming soon too, well good from my clients view, not for MBNA

Hi PT,

how soon is soon?

Weeks or months?

(genuine Q btw!)

[pt2537]

Re: PPi Video on Black Horse Finance Case

Hi PT,

how soon is soon?

Weeks or months?

(genuine Q btw!)

25th Jan, subject to an Barrel Rule applications which may be made

[ncf355]

Re: PPi Video on Black Horse Finance Case

25th Jan, subject to an Barrel Rule applications which may be made

Nice!

Good luck on that, look forward to hearing more if/when you are able to divulge

:tinysmile_grin_t:

[pt2537]

Re: PPi Video on Black Horse Finance Case

Nice!

Good luck on that, look forward to hearing more if/when you are able to divulge

:tinysmile_grin_t:

oh we won, thats for sure, no question, you can pretty much take that to the bank.