This petition was submitted during the 2010-2015 parliament
Rejected petition PPI refunds following Bankruptcy
More details
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.
This petition was rejected
Why was this petition rejected?
It’s not clear what the petition is asking the UK Government or Parliament to do.
We only reject petitions that don’t meet the petition standards.