RECENT PPI CLAIMS

- Mr Miller of Yorkshire received £3480.36 compensation from MBNA in 6 weeks.

- Mr Matharoo of London received £3117.60 compensation from Egg in just 2 weeks.

- Mrs Cooper of Dorset received £2322.53 compensation from Natwest in 6 weeks.

- Mr Mathias of London received £1651.87 compensation from Halifax in 5 weeks.

- Ms Sinclair of Birmingham received £1708.45 compensation from Egg in just 3 weeks.

- Mr McIntyre of London received £1167.84 compensation from Halifax in 6 weeks.

- Ms Ford of Sussex received £836.94 compensation from MBNA in 5 weeks.

RECENT BANKRUPTCY SET ASIDE

Debt Clear Solutions’ client, Dr ‘B’, can finally relax after several months of receiving harassing phone calls, threatening letters, and finally a pending bankruptcy petition, instigated by his lender.

"It’s been a horrendous ordeal" said Dr "B", " and I am so relieved it is finally over". The stress and worry caused by the looming bankruptcy hearing also put a terrible strain on his family. "Whenever I tried to telephone the lender to question the charges, the people I spoke refused to discuss them, and just put pressure on me to pay. I thought I was going to lose my family home!"

When Dr "B" first contacted Debt Clear Solutions, the court hearing, where his lender was intending to bankrupt Dr "B", was imminent. Debt Clear Solutions wasted no time in instructing their solicitors at Strafford Law, who quickly defended Dr "B" in court, resulting in the bankruptcy petition being set aside.

Debt Clear Solutions Ltd uncovered that the lender had increased the credit card"s annual interest rate from 13.5% to over 30% within two years and then again to over 50% for a further two years. Some lenders are increasing the rate of interest without first informing the client and in many cases this may be a breach of the terms and conditions.

A change in circumstances meant Dr "B" was finding it difficult to keep up the monthly repayments, not surprisingly at over 50% interest, so consequently, Dr "B" fell into arrears. Rather than negotiate a repayment plan, the lender added a "Debt Recovery Fee" of over £1,900 on to the balance of the account and issued proceedings to bankrupt Dr "B".

"I was totally shocked when Debt Clear Solutions told me the lender had been overcharging me for interest as far back as 2007. Lenders should be more careful when increasing interest without first informing the client. They also informed me the lender would appear to have acted wrongly when issuing proceedings to bankrupt me and that their solicitors firm, Strafford Law Ltd, may be able to get the bankruptcy petition set aside".

Oliver Dykes of Strafford Law Ltd successfully defended the case resulting in the bankruptcy petition being set aside, plus Dr "B" was awarded costs against the lender. Dr "B" told told Debt Clear Solutions Ltd that although the day in court was traumatic, he was extremely impressed with Strafford Law"s professionalism in handling the case. Mr Dykes said he felt justice had been served and was very reassured by the comments of the judge who stated that the bankruptcy process was not there to be used as a means of conducting contentious litigation where there is a real dispute.