More partners:

Dream Quest One Poetry & Writing Contest

Lesson plans for Teachers

What Do PPI Solicitors Do?

by PaulMyers

PPI solicitors, firstly, provide legal advice in the currently relevant area of financial irregularities regarding mis-sold payment protection insurance (PPI).They assess potential claimants' situations, and advise them whether they have a case. Since 'the protection racket', as it has become known in the media, has been a widespread problem in the financial sector for some time, it's very likely that people who suspect that they may have been 'mis-sold' PPI in one way or another actually have, and have a valid case.

They assess potential claimants' situations, and advise them whether they have a case. Since 'the protection racket', as it has become known in the media, has been a widespread problem in the financial sector for some time, it's very likely that people who suspect that they may have been 'mis-sold' PPI in one way or another actually have, and have a valid case.

The Financial Services Authority (FSA) has today said those who have made a recent complaint about PPI mis-selling have got five months longer than usual to do it.

Differences between various PPI solicitors can be, firstly, whether they are actual lawyers, as opposed to 'claims management companies'. Although claims management companies also take on PPI mis-selling claims, their abilities are limited, and PPI solicitors can more reliably secure higher settlements.

There was a delay in the FSA's own plans whilst it decided how companies should be made to deal with PPI complaints. However, the regulator did not want consumers to suffer as a result of the delays, and this is why it has decided that it should extend the complaint deadline.

The FOS revealed that in their latest annual report that 30% of new cases for the year to the end of March 2010 were PPI related complaints.

In the latest annual report released by the FOS they have revealed that 30% of new cases for the year to the end of March 2010 where related to PPI complaints.

About the Author: Frank Cole

If you are looking to claim PPI insurance back you will require the services of a dedicated solicitor. Visit Donns PPI claims. Donns can help recalim PPI.