It’s been sold to a debt collector company who we’ve been repaying.
Should I give my ex wife anything from my PPI refund?
- Thread starter MissChief
- Start date
If that’s the case I need to read the letter better as the full refund would then be over £10k which seems unlikely. As we still have a joint account wouldn’t the refund be it all?Hey, I'm actually one of the case handlers dealing with PPI refunds, maybe I did yours
This is entirely down to the situation.
If the loan was taken out in both your names, the refund you received will be 50% of the PPI refund due, she has to make her own claim for her portion of the refund. However the PPI deadline has long since passed so she cant.
If the loan was only in your name, you are entitled to 100% of the refund and its down to your own decision if you want to split it.
Do you have any paperwork for the original loan itself showing who the loan is for (the names it was taken under)
If its just your name, then you received 100% of the refund due.
Permabanned
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If you had never posted the thread we would have never known what you would have done... too late now we are on your back....
Sadly not, no. Pretty sure it was under our joint account which is how she was on the hook too. She never showed any interest in helping me pay off my two credit cards I had then in my name!
The credit card or whatever being joint doesn't really matter, it all depends on the names put down on the loan itself (the account number for the loan)
You are in the same problem as many people, it was such a long time ago and its not feasible to expect people to keep hold of documents that long.
The loan account could be under both your names, so you only received 50% of the refund which is an issue if you want to split it again.
Who was the original loan with? what company/bank etc?
Whoah, that's far too sensible!
Halifax as they were then. Then HBOS and now owned by Lloyd’s.
Soldato
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If you had to come here to ask for moral judgement then you probably should pay her half
I know, but the money would be very useful for me, I kind of knew how it would go.
Maybe your right. Well it’s either pay of the loan or spend it on girls and drugs. I got no middle ground on this.
This changes things. I would not speak to the ex until this has been clarified. If it is indeed 50% then she isn't due anything. It seems people keep replying having not seen this post. However, if it's the full 100% then she is due half.
Only from a moral standpoint
He needs to find out the name(s) the loan is under before anything yeah.
I've send the OP a trust message.
Given the deadline has past and she left you with credit cards to pay I’m going to go against the grain and say don’t split it but do use it to pay off any of the outstanding debt which she benefits from as well (also factoring in what another poster said about it’s possibly only your half of the payout)
If the loan was done in joint names then I am sure they would have only returned what they are liable to return to you. I doubt they would give you the whole amount against the loan and expect you to distribute the funds 50/50. Personally, if it was me if the amount you got back would be enough to write off the loan in full I would just pay it off in full and tell your ex you had some PPI back for that loan and you paid the loan off and your all square and if you have anything left over say no more about it.
Hey, I'm actually one of the case handlers dealing with PPI refunds, maybe I did yours
This is entirely down to the situation.
If the loan was taken out in both your names, the refund you received will be 50% of the PPI refund due, she has to make her own claim for her portion of the refund. However the PPI deadline has long since passed so she cant.
If the loan was only in your name, you are entitled to 100% of the refund and its down to your own decision if you want to split it.
Does this change at all based on the fact it seems to have been paid back to a joint account? I suppose what i'm really asking is, is it possible for a claim to be paid as a joint claim when it's a joint loan with the claim being paid to a joint account?