You will need to request a copy from your lender. Contact your CBN consultant and they will tell you how.
Overturns/credit cards - You need an outstanding balance of at least £2000 and at least 9 months left to run PPI – we can look at any policy over £1500.
No. If your credit agreement is not
legally binding then the remainder of the debt can be legally written off. Your
lender can't record defaults against you should this happen. However, that
particular lender may choose not to accept your custom in the future.
Not at all, however we cannot help people in bankruptcy or the IVA’s (Individual Voluntary Arrangement) process.
We cannot apply to overturn a credit card
or loan if it has been paid off. You can, however, make a PPI reclaim if the following are all true.
- You took out the loan within the last 6 years.
- You still have the paperwork.
- You didn't make a successful claim against
the policy.
Unenforceable Credit Card/Loan Claims:
We give a free initial case assessment when we receive your claim. If we believe you have a strong case our solicitors prepare a full legal report. We charge a fee of £295 +VAT ( which is comprised of legal audit fee of £50 per agreement for this service and a processing fee of £245). The processing fee is of £245.00 is fully refundable if a solicitor does not run your claim following the full legal audit. There is no additional fee payable by the client when we write off the loan amount.
Mis-sold Payment Protection Insurance:
We charge a fee of £195.00+VAT to run a PPI compensation claim. However if we are running an unenforceable loan claim for you and it has a mis-sold ppi claim attached to it, then we do not charge any extra to run the PPI claim. We charge a success fee of 25% of any cash compensation that is awarded to the client.
Unfair Bank Charges:
We charge a fee of £45.00+VAT to reclaim unfair bank charges, and a success fee of 20% of any compensation payout to the client. We will run one bank charge free along with any unenforceable credit card/loan claim.
Our audit fee covers the cost of a full legal report and is payable in all cases. The processing fee covers the administration costs in getting your claim started and is only payable in claims where our legal team believe that your loan is enforceable or/and you have a chance of getting compensation.
Unlike most of our competitors we do not charge a success fee for loan and credit card overturns. We feel it is unfair to
charge a fee when the client does not receive any money. We do however charge a
fee of 25% of the total value of the successful PPI claims.
No, you will only have paid the front end
fee and there will be no further fees or costs to pay. In the unlikely event
that your claim is unsuccessful you will not have to pay any costs incurred. The
solicitor takes out an after the event Insurance policy to cover their costs. If
successful the nominated solicitor will recover the costs from the other side.
If the solicitors decide that they can write off your loan, they will complete the legal work necessary to arrange for
your lender to completely write off your loans approximately 6 to 12 months after completion of the audit.
Normally we will only seek to write off your current balance.
At some point during the litigation process the solicitor will advise you to stop making payments. You should
continue to make payments up to this point.
No, once we have agreed to accept your application we strongly advise that you do not continue to use your card. Doing
so may affect the ability to successfully complete your claim.