If you have an unfair relationship with your lender you could be entitled to thousands in compensations or even have the balance completely written off.
All claims are dealt with by specialist solicitors from start to finish.The £295 Audit Fee covers the solicitors audit which produces a 28 page report on your agreement and the Claims Consultants fee for sourcing the claim. There is nothing further to pay.No back end charges.Approx. 60 days to find out whether your claim will proceed.If your audit is returned as a fair agreement, hence no claim, you will receive a FULL refund.
The whole process from the start of your claim to conclusion is approx 12 months. If you receive any contact from your lender once you have put your case into dispute then let them know that the solicitors are now dealing with your claim and to contact them with any future correspondence.
There are no back end charges.
Frequently Asked Questions.
Q. Who does the client contact if they have a query?
A. Their Claims Consultant.
Q. What do we do if the loan is in joint names?
A. Make sure you both sign Account Holder 1 & Account Holder 2 on the forms.
Q. Can a client submit one claim now and then another later?
A. Yes.
Q. What if the lender contacts me?
A. Do not accept any offer from your lender (VERY IMPORTANT)
Q. Which lenders have breeched the Consumer Credit Act?
A. No particular lenders, all Credit Agreements issued before April 2007, from all lenders need to be investigated.
Q. Why April 2007?
A. New legislation came into effect.
Q. What if the lender keeps contacting me?
A. Forward all written correspondence to The Claims Warehouse.
Q. What sort of credit cards/loans can you claim on?
A. Any credit card/loan with an outstanding balance of £1000+ that was taken out before April 2007. (Credit Cards, Store Cards, Personal Loans, Secured Loans, Home Improvement Loans, Car Finance, Loans to pay-off other loans)
Q. Are there specific lenders that you have a better chance with?
A. No it would appear that all credit agreements before April 2007 could have fundamental flaws.
Q. What if I've lost or can't find my original documents?
A. Don't worry we request original copies from your lender or credit card company. They have a duty to release them to us within 40 days, with your authority of course.
Q. Who does the client contact if they have a query?
A. Their Claims Consultant.
Q. What do we do if the loan is in joint names?
A. Make sure you both sign Account Holder 1 & Account Holder 2 on the forms.
Q. Can a client submit one claim now and then another later?
A. Yes.
Q. What if the lender contacts me?
A. Do not accept any offer from your lender (VERY IMPORTANT)
Q. Which lenders have breeched the Consumer Credit Act?
A. No particular lenders, all Credit Agreements issued before April 2007, from all lenders need to be investigated.
Q. Why April 2007?
A. New legislation came into effect.
Q. What if the lender keeps contacting me?
A. Forward all written correspondence to The Claims Warehouse.
Q. What sort of credit cards/loans can you claim on?
A. Any credit card/loan with an outstanding balance of £1000+ that was taken out before April 2007. (Credit Cards, Store Cards, Personal Loans, Secured Loans, Home Improvement Loans, Car Finance, Loans to pay-off other loans)
Q. Are there specific lenders that you have a better chance with?
A. No it would appear that all credit agreements before April 2007 could have fundamental flaws.
Q. What if I've lost or can't find my original documents?
A. Don't worry we request original copies from your lender or credit card company. They have a duty to release them to us within 40 days, with your authority of course.
Q. What if the lender contacts me after I put a claim in?
A. Our solicitors will deal with the lender from the beginning of the dispute until its conclusion.
Q. Can I accept an offer?
A. Do not accept any offers made as you will be liable for costs and the offer will be normally a lot less than your claim.
Q. How much do I have to pay into the Escrow account?
A. Whatever your monthly payment is at the moment is the amount you pay into the Escrow account.
Q. Are you a regulated Claims Management Company?
A. The Claims Warehouse Limited is regulated by the Ministry of Justice in respect of regulated claims management activities. Its registration is recorded on the website www.claimsregulation.gov.uk. Registration number CRM15365.
Q. I owe more than £25000 is there still a claim?
A. As long as the original loan amount was under £25000 but the outstanding balance has gone over £25000 then yes we can claim.
Q. If I am involved with a debt management company is it still possible to make a claim?
A. Yes, we can process claims even if you are involved in a debt management programme.
Q. What if it goes to court?
A. In the unlikely event that your case goes to court all of the costs are covered.
Q. Can I pay using the same credit card that I'm about to make a claim with?
A. No, this is not possible.
Q. Are there any back-end charges?
A. No, unlike many other companies we do not charge back-end fees on debt wipeout claims. You get to keep any monies recovered plus interest. When we win your case we claim our costs from the other side.
A. Our solicitors will deal with the lender from the beginning of the dispute until its conclusion.
Q. Can I accept an offer?
A. Do not accept any offers made as you will be liable for costs and the offer will be normally a lot less than your claim.
Q. How much do I have to pay into the Escrow account?
A. Whatever your monthly payment is at the moment is the amount you pay into the Escrow account.
Q. Are you a regulated Claims Management Company?
A. The Claims Warehouse Limited is regulated by the Ministry of Justice in respect of regulated claims management activities. Its registration is recorded on the website www.claimsregulation.gov.uk. Registration number CRM15365.
Q. I owe more than £25000 is there still a claim?
A. As long as the original loan amount was under £25000 but the outstanding balance has gone over £25000 then yes we can claim.
Q. If I am involved with a debt management company is it still possible to make a claim?
A. Yes, we can process claims even if you are involved in a debt management programme.
Q. What if it goes to court?
A. In the unlikely event that your case goes to court all of the costs are covered.
Q. Can I pay using the same credit card that I'm about to make a claim with?
A. No, this is not possible.
Q. Are there any back-end charges?
A. No, unlike many other companies we do not charge back-end fees on debt wipeout claims. You get to keep any monies recovered plus interest. When we win your case we claim our costs from the other side.
