Posts Tagged ‘legal and financial claims
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.
Permanent link to this post (339 words, estimated 1:21 mins reading time)
Tags : Cartel Client, Claim 4 Gain, claim management, credit card agreement dispute, legal and financial claims, Ministry of Justice, reclaim ppi
This is now my second post in relation to Legal and Financial Claims. This Company seeked claims against the banking industry for unlawful credit card agreements and also payment protect insurance (PPI).
Payment Protection Insurance (PPI), or Accident, Sickness and Unemployment Cover (ASU) has been sold alongside credit agreements for years.
Whether you have a Secured Personal Loan, a Credit Card, Hire Purchase Agreement or Mortgage the purpose of this insurance was to ensure loan repayments were paid if you were unable to work through illness, made unemployed or become incapacitated. Read more... (388 words, estimated 1:33 mins reading time)
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Payment Protection Insurance Or PPI Sold By Legal And Financial Claims
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Read the full post (388 words, estimated 1:33 mins reading time)Tags : a Credit Card, Hire Purchase Agreement, legal and financial claims, miss sold, Mortgage, Payment Protection Insurance, ppi, Secured Personal Loan, sky networks, sky networks credit card
Legal And Financial Claims are a credit card claim Company who state they can get your unenforceable credit card balances wiped clear and mis-sold payment protection insurance refunded.
These credit card claims in-particular are made possible due to the 1974 Consumer Credit Act which might render any credit card agreements made prior to April 6th 2007 unenforceable.
If you are a UK resident you will no doubt of heard of similar claim companies advertising in the media. Our hectic spend spend lifestyles have left so many people in serious debt! Right now credit card claims and debt assistance is boom business within the Rat Race. And with any boom business you get the con men moving in for the easy feast; preying on the desperate people who are in debt. Read more... (566 words, estimated 2:16 mins reading time)
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Legal And Financial Claims – Watch Out, SCAM Alert!
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Read the full post (566 words, estimated 2:16 mins reading time)Tags : 1974 Consumer Credit Act, credit card claim, Financial and Legal Claims, legal and financial claims, legal and financial claims scam, mis-sold payment protection insurance, sky networks, sky networks credit card
