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Response to Insurer chasing for the whole debt

from Too scared to say (iwasduped@yahoo.com)
Actually your MIG *is* the same, in principle, as everyone else's. The only difference is that Eagle Star, to my knowledge, do not usually provide that type of business which is why it may be limited in it's pay-out. You are in a better position than most as you know what was paid out and when. I believe that you can disregard this [MIG payout] alleged debt after six years - the more I read the more I am convinced of this. The balance cannot also be chased by the insurer if they only paid out six thousand odd..it's not their debt to chase unless it has been formally assigned in some way. It would then cease to be specialty and become simple..six year rules apply. This is ONLY my opinion mind you, but it's how I would argue it.
(posted 8408 days ago)

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