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Gleith
Advanced Contributor

259 Posts

Posted - 07 November 2018 :  17:56:02  Show Profile
Hope he has nowhere else to go Turbobhoy as this has gone on too long. We need closure. I have not heard from my ex trustees this week . Seemingly going to make a decision. It is just awful that this is happening. U though the whole point of it going to the Supreme Court was to get a decision. Obviously too simple.
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Turbobhoy
Advanced Contributor

85 Posts

Posted - 07 November 2018 :  18:26:13  Show Profile
Hi glieth as I said I spoke with mcginnes asc earlier on today as they said he had no where else to go and that he has to give the money to the debtors when I said to them that I was struggling to contact mond what's happening with my money he said there is no surprise there
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Turbobhoy
Advanced Contributor

85 Posts

Posted - 08 November 2018 :  11:38:34  Show Profile
Spoke to hodgsons this morning apparently mond had a conference with his qc last night and will send out cummincation early next week just wondering if anyone else has had any luck getting there money from trustees
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tinsoldier
Advanced Contributor

730 Posts

Posted - 08 November 2018 :  16:14:35  Show Profile
One thing is 100% certain - Mond's lawyer will love him.
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Gleith
Advanced Contributor

259 Posts

Posted - 09 November 2018 :  17:14:07  Show Profile
This is the e mail I received to day from ex trustees.

Dear Gail,


Thank you for your recent email in relation to your PPI. With regards the ruling at the supreme court on the 31 October 2018 and after further counsel from our solicitors it is noted that under the judgment it contains a postscript which suggests that a creditor might consider making an application to reduce the Trustee's decision to be discharged, thereby acting as a reinstatement that way and allow the funds to be recovered and distributed.


I have now spoken to your former trustee and he has decided to offer you the following proposal regarding your PPI. His proposal to you that after nearly 3 years awaiting a decision on how the funds are to be dealt with instead of instructing my solicitors to contact your former creditors to pursue this route of seeking their approval of reinstatement. He would offer you a lump sum payment back from your PPI less legal fees and his outlays.


I trust this to be in order and will await your reply to this proposal.


What do other think - not particularly happy I have to pay for his legal fees.
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Turbobhoy
Advanced Contributor

85 Posts

Posted - 09 November 2018 :  17:27:26  Show Profile
I would say that's black mail at its best basically saying that they will go down other route if u don't accept
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tinsoldier
Advanced Contributor

730 Posts

Posted - 09 November 2018 :  17:30:15  Show Profile
Less his legal fees and outlays?!

Is Mond your former trustee Gleith?
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Wildchild
Advanced Contributor

164 Posts

Posted - 09 November 2018 :  17:33:07  Show Profile
Omg. That terrible. So reading this also allows me to believe some wonít lwont be returning ppi to former debtors but instead holding out. For another route
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jojo93
Advanced Contributor

91 Posts

Posted - 09 November 2018 :  18:04:53  Show Profile
This is so confusing what is mond trying to do now why don't he just admit defeat and let people get on with there lives I don't understand thi
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Wildchild
Advanced Contributor

164 Posts

Posted - 09 November 2018 :  18:16:04  Show Profile
If mond is her. Trustee this would make sense
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Wildchild
Advanced Contributor

164 Posts

Posted - 09 November 2018 :  18:18:45  Show Profile
Disgusting. Making people pay his legal fees so will all former trustees take this route
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TDA (Debt Adviser)
Trust Deed Expert



12744 Posts

Posted - 09 November 2018 :  18:58:46  Show Profile
Hi all.

I donít believe Mr Mond was Gleithís trustee.

Qualified Debt Adviser & Forum Administrator - Ask me anything about Trust Deeds    
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Wildchild
Advanced Contributor

164 Posts

Posted - 09 November 2018 :  19:13:44  Show Profile
Blackmail ? So if she donít agree. The trust deed is reopened ?? Is this what it means
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tinsoldier
Advanced Contributor

730 Posts

Posted - 09 November 2018 :  19:23:17  Show Profile
Why on earth should Gleith agree to paying a former trustees legal fees and outlays?

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Wildchild
Advanced Contributor

164 Posts

Posted - 09 November 2018 :  19:26:54  Show Profile
Is this even legal
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