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PPI Claim News - 23/11/2009

 
Couple threatened with repossession despite PPI

A couple who thought their payment protection insurance (PPI) policy would protect them have ended up facing repossession, the Observer reports.

Barry Goodison and Julie Moss took out a mortgage to buy the council house they lived in and took out PPI to cover the cost of the payments in case one of them lost their job.

However, after Mr Goodison lost his job earlier this year, their PPI policy initially failed to protect them and repossession proceedings were launched.

Late payment charges were applied each month because the PPI paid out after the mortgage payment was due, which also got them into legal trouble.

Only an intervention by the newspaper secured them in their home.

Last week, the Daily Mail reported the story of Roy Barker, who was charged over £10,000 for PPI that he could never be eligible to use.

For free advice on how to make a PPI ClaimPayment Protection Insurance claim or a credit card charges claim then call Belmont Thornton on 0845 526 0000 or fill in the Quick Claim form to be sent a free PPI Claim pack or credit card charges claim pack.
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