MOJ removal of CartoonBankers by Alex Woods

[Amethyst]

Re: MOJ removal of CartoonBankers by Alex Woods

It's fine Alex, I'm not going to babysit your videos, you have said you will try and leave off with the advertising and I take you at your word on that. People appreciate the videos as they can make things simpler to understand than reading reams of information.

[Angry Cat]

Re: MOJ removal of CartoonBankers by Alex Woods

...People appreciate the videos as they can make things simpler to understand than reading reams of information.

Exactly;
in laymans terms:beagle:

[pt2537]

Re: MOJ removal of CartoonBankers by Alex Woods

Ive gotta say, the ethical Claims management company , does sound appealing


The problem you encounter when you are instructing a firm of solicitors is firstly costs, if they wont act on a CFA then your looking at £180 per hour plus vat.

Secondly, even with a CFA, that dont cover Counsels fees, so, theres more to add.

And there are not many ATE insurers left, 6 out of the 7 we used pulled out after Carey and teasdale, the 7th has refused to cover our cases including the kotecha case due to the risk.

So depending on how it was funded, a cmc may be able to take the pressure off, i dont know.

it really does depend on how its set up how its funded and how it works in reality that will define if its any good or not

[EXC]

Re: MOJ removal of CartoonBankers by Alex Woods

Why would you use a solicitor for PPI claims?

[pt2537]

Re: MOJ removal of CartoonBankers by Alex Woods

Why would you use a solicitor for PPI claims?

this is the thing, while PPI claims can be done yourself, some people are not confident or capeable of going up against the banks.

We have had a number of adverse judgments in the area of PPI, and id say there is a wider field than just PPI, there are other applications which could be included

What needs to be remembered, is, and i will use a worked example, Mr K was a litigant in person, he took his case to court and tried to be an advocate before a hostile judge. He lost,

In the same month Dr Cs case went to court, he had Counsel in his corner, and won the case.

Mr K had to go off to the Court of Appeal to get his case sorted in his favour.

The point is, not all people make good advocates, also, reading parrot fashion off a forum has limits, what happens if the oppo counsel throws a case that the party has never heard of? into the mix, then what? this is where people get stuck alot of the time and where cases are lost.

I appreciate that there are some people who can do this themselves, but surely it can only be a benefit to all if they have the choice to say "ill do it myself" or " i dont know what to do, so i will give it to someone else"

[EXC]

Re: MOJ removal of CartoonBankers by Alex Woods

But why go to court at all for a PPI claim?

[Angry Cat]

Re: MOJ removal of CartoonBankers by Alex Woods

Some cases that include the (pre 2005) mis-selling of PPI, are complex.

[EXC]

Re: MOJ removal of CartoonBankers by Alex Woods

I would have thought that the FOS would be better as unlike a court they would account for what is fair & reasonable and good industry practice.

[Angry Cat]

Re: MOJ removal of CartoonBankers by Alex Woods

Taking a complex case to the understaffed FOS?

[TUTTSI]

Re: MOJ removal of CartoonBankers by Alex Woods

I would have normally agreed with you, but how do we know if the payments that are returned through the FOS have been calculated correctly and include the return of all the PPI and interest, especially when complicated interest is intertwined in the calculations.

Many folk tbvh, may not have got back through the FOS the correct amount of money and folk who take these matters to court would not know they could call on expert witnesses to calculate the correct money that should be returned to them.

I am sure that there are some simple ones, but would imagine that some companies that hide the fact that PPI is even included, hence why it is mis- sold in some cases and these companies are very devious in the way interest has been added. Some cases are just so complex it would take qualified and expert peeps to unravel this.

I came accoss a case recently where a secondary lender Mortgage company may have added from the broker and as part of the loan PPI and have charged vast amounts of interest. This being the case I bet the FOS would not go into great lengths to rectify this position correctly, I would have my doubts.

You know me I am anti Claims Management Companies especially who scam upfront fees from folk and don't do anything at all promise the world and nothing in return. But there is a place in the maketplace for good honest Claims Management Companies that will actually work in the client interest and win them the correct money back - less a fee of course.

I would have thought that the FOS would be better as unlike a court they would account for what is fair & reasonable and good industry practice.

[EXC]

Re: MOJ removal of CartoonBankers by Alex Woods

That's a fair point but the proper calculation of redress only comes into play after a claim for mis-selling is accepted. Is there anything to prevent a claimant putting forwards his calculation of compensation to the FOS?

[TUTTSI]

Re: MOJ removal of CartoonBankers by Alex Woods

I see no problem in that, but where would ordinary folk know where and how to deal with these complicated matters.

That's a fair point but the proper calculation of redress only comes into play after a claim for mis-selling is accepted. Is there anything to prevent a claimant putting forwards his calculation of compensation to the FOS?

[pt2537]

Re: MOJ removal of CartoonBankers by Alex Woods

I see no problem in that, but where would ordinary folk know where and how to deal with these complicated matters.

also what if you dont get what you ought to get,

what if the FOS finds for you but not in the way you are entitled to

you become barred in my view to take the case to the courts

the lennon v birmingham city council decision seems to suggest that its a one shot attack.

There is a saying which a very respected barrister said to me once, if you are ill you see a Doctor, If your car breaks down you see a mechanic, if you electrics stop working you get an electrician, so if you need legal help you should consult a solicitor

I dont agree with that totally, but the way cases are becoming more complex, the shifting sands from the Courts, its not helpful to the litigant in person, especially while we have Flaux and Waksman handing down decisions like they have recently

[Angry Cat]

Re: MOJ removal of CartoonBankers by Alex Woods

A case can also become time barred, due to the length of time taken (FOS) investigating.

Not impressed with the FOS; never have been. (simple cases exempt)

[leclerc]

Re: MOJ removal of CartoonBankers by Alex Woods

A case can also become time barred, due to the length of time taken (FOS) investigating.

Not impressed with the FOS; never have been. (simple cases exempt)

Can I clarify this with you are PT, if there are multiple loans and one is paying off another loan does the first loan become time barred since they are both interconnected?
Furthermore, are you saying that it becomes time barred due to the fact that the FOS make a decision against the claimant since the date that they go to the FOS would be the date for the purposes of Limitations?