PPI claims court process
Some lenders are issuing 'out of court' settlements
The PPI claims court process involves complex legal arguments and court action is often necessary. However, many cases are not going to 
court as lenders are issuing out of court settlements to prevent incurring legal costs.
PPI, which is sold alongside loans and cards, is supposed to pay out if the borrower is unable to meet repayments due unforeseen problems such as loss of income through:-
- Injury
- Illness
- Redundancy
Please note that PPI cover can cost thousands of pounds and has often been mis-sold, including to customers who would never be able to claim, such as the retired and unemployed. If you have been misold a PPI policy then you may need to go through a PPI claims court process to get the money back
The Court Process or the Financial Ombudsman Service (FOS) process?
In the UK PPI cases in dispute should be taken to the Financial Ombudsman and not through the courts, as this avoids the lengthy and expensive PPI court process.
The PPI claims court process is expensive, detailed and can take a long time, especially if the PPI claims court process leads to an appeal in a higher court.
As a definitive alternative to the court system missold PPI consumer can look to the Financial Ombudsman Service (FOS). The FOS is free but it also has its own internal appeal process which is also free to consumers who have been missold a PPI policy.
If the consumer that has been missold a PPI is not happy with the decision the FOS has made then the option of a PPI claims court action is still possible.
How long does the PPI claims court process take?
On average PPI claims are dealt with within about 3 months. However, please note that if the PPI claim ends up in the court system them the PPI claims court process can take anywhere between 6 and 9 months to 1 year.
If the PPI goes through the PPI claims court process the claimants can either represent themselves or appointed a claims handling company or lawyer to act on their behalf.
Frequently asked questions regarding missold PPI Insurance
- PPI Reclaiming Information Centre
- What is PPI - Payment Protection Insurance?
- Have you been missold PPI – Payment Protection Insurance?
- PPI reclaiming explained
- Why is PPI so often missold?
- Check to see if you have been missold PPI – Payment Protection Insurance
- How to reclaim missold PPI – Payment Protection Insurance?
- How much money can I reclaim from a missold PPI claim?
- Get your money back on missold PPI insurance
- Could you have been missold PPI and not even know about it?
- The PPI Industry explained
- Have you been a victim of PPI misselling?
- Can you change PPI provider?
- How to reclaim PPI
- How many years can you back to claim PPI?
- Complaining about missold PPI
- PPI and the Financial Ombudsman Service – FOS
- Financial Ombudsman Service – FOS – Complaint forms
- PPI Claims handling firms
- PPI Claims handling lawyers and solicitors
- PPI claims court process
- PPI claim back
- Mortgage PPI reclaim
- No Win No Fee PPI claims
- PPI refund
- Reclaim PPI
- Reclaiming PPI
- PPI claims
- Mis-Sold PPI
- Reclaim PPI Charges
- Payment Protection Insurance refund
- Claim back PPI
- PPI compensation
- PPI mis-selling
- Reclaim PPI insurance
- How to reclaim PPI
- Fees and Terms of PPI reclaim service of UK Finance Online Limited
IVA's
The IVA Guide
Money Advice Direct has put together an IVA Guide based on the enquiries and questions that we receive at our helpline offices.
In the guide we cover such subjects as IVA Approval, early settlment of your IVA, missed IVA payments, IVA failure, additional debt claims and much more.
[click here for IVA Guide]
What is an IVA?
The IVA is an extremely powerful tool enabling you to clear your debt and return to a clean financial bill of health. Visit Money Advice Direct's Guide to Individual Voluntary Arrangements (IVAs).
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DANGER
Due to the tremendous demand for debt consolidation services the United Kingdom is now overloaded with debt management companies that contain misleading information. [more...]