Submitted on Monday 17th November 2014
Rejected on Wednesday 21st June 2017
Current status: Rejected
Rejection code: no-action (see below for details)
PPI refunds following Bankruptcy
Through the mis-selling of PPI products by financial institutions many consumers were forced into bankruptcy due to over inflated loan repayments. Once a mis-selling scandal is then later discovered, any funds due to be repaid to the victim-the consumer, goes straight to the Trustees of the bankrupt individual and, by default, that financial institution who admitted mis-selling the product, will get a proportion of their own money back as a creditor.
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The Government e-Petitions Team gave the following reason:
3.147.79.46 Tue, 04 Mar 2025 14:56:23 +0000
