Hi all i would appreciate your help or advise with the following issue.
My OH borrowed money from a bank back in 2008. With this he took out payment protection. He ticked the boxes that he was self employed and that he was suffering from a medical condition.
6 months later he couldn't work due to this medical condition and made a claim on his PPI. He was told he couldn't claim because he was self employed.
He informed the bank of this and that he would be unable to pay back the loan due to ill health. 12 months later a judgement on the mortgage was obtained.
He went to a "mis sold PPI company" and they were able to prove he was mis-sold the PPI and he received all he had paid into it, back.
3 years later and another letter arrived. This time from a debt collection agency, looking for the loan to be paid again.
Does anyone know what his stand is on this? Should the original loan have been cleared as he had taken out a PPI?, they admitted this PPI was mis-sold. There is already a judgement on the mortgage, what next?
My OH borrowed money from a bank back in 2008. With this he took out payment protection. He ticked the boxes that he was self employed and that he was suffering from a medical condition.
6 months later he couldn't work due to this medical condition and made a claim on his PPI. He was told he couldn't claim because he was self employed.
He informed the bank of this and that he would be unable to pay back the loan due to ill health. 12 months later a judgement on the mortgage was obtained.
He went to a "mis sold PPI company" and they were able to prove he was mis-sold the PPI and he received all he had paid into it, back.
3 years later and another letter arrived. This time from a debt collection agency, looking for the loan to be paid again.
Does anyone know what his stand is on this? Should the original loan have been cleared as he had taken out a PPI?, they admitted this PPI was mis-sold. There is already a judgement on the mortgage, what next?