Posts Tagged ‘claim management
Claim 4 Gain and Cartel Client Review Closed Down By Ministry of Justice
Yet another claims management firm has been temporarily shut down by the Ministry of Justice whilst they investigate matters further.
According to a report in the Daily Mail newspaper, Claim 4 Gain, a Bolton-based company, was set up approximately eighteen months ago and has handled over five hundred cases.
Although it was licensed as a claims management company, it was never actually commissioned by the Ministry of Justice.
Prior to being raided last month and having its license suspended until further investigations, customers were charged a fee of £350 for their credit card agreements to be reviewed by Claim 4 Gain solicitors.
Despite Claim 4 Gain operating in Bolton, it used a small solicitor firm called Stenfield in Harrow, Middlesex to look at the credit agreements.
Maheesh Patel of Stenfield told the Daily Mail that Claim 4 Gain sent his firm “around five or six hundred” credit agreements. Although there are some cases that are still ongoing, Mr Patel admitted that “probably only about two” cases had seen their debts deemed unenforceable and written off.
Earlier this year, one of the main players in the controversial claims management sector, Cartel Client Review, was closed down by the Ministry of Justice as stories came to light of customers being charged £495.
However, this time it appears that there is good news for customers who have handed over upfront fees and not had their credit card debts miraculously cleared – they can, somewhat ironically, get a refund if they paid with their credit card.
Under Section 75 of the Consumer Credit Act, card companies are jointly liable when a deal involving over £100 goes wrong and it is not the cardholder’s responsibility.
I have wrote about similar Debt Management and Review companies before. One of my previous posts has attracted in excess of 100 emails from concerned consumers.
If you have been affected by Claim 4 Gain, Cartel Client Review or Legal and Financial Claims, please get in touch with me at info@ratracewinner.com and I’ll do my utmost to assist.
