I made my final IVA payment in January 2013 after 5 years + 1 additional year and a final payment in lieu of equity.
The issue I have is that Equity in Finance are holding up the completion of my IVA. I signed the original PPI forms in 2012, but have been sent new forms time and time again as they seem to loose the originals.
I have contacted DFD monthly to express my frustration but don't seem to be getting any closer to getting my CC.
More recently DFD explained that they were going to raise a variation and call a creditors meeting for me to sign all rights over to any PPI claims that would allow my IVA to be closed. I was orginaly told this in August - we are now in December.
Can anyone please advise how I can push DFD to get this variation raised (I am told I am on the priority list)so that I can get my IVA closed and can get on with my life?
Why don't they simply take an assignment of your rights under any potential claims? Pretty easy to do, and this would enable your IVA to close very quickly.
I have this week received a deed of assignment for outstanding PPI claims. I have accepted the proposal online, so hopefully things will start moving now?
Thanks,
bcollin69
font size="1" face="Verdana, Arial, Helvetica">quote:<hr height="1" noshade>Originally posted by Judith Anderton
Hello bcollin59,
Please send me an email (address in my profile) and a member of our Forum Support Team will be in contact to review your case further.
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What should I do?
Thanks
font size="1" face="Verdana, Arial, Helvetica">quote:<hr height="1" noshade>Originally posted by bcollin69
Hi Judith,
I have emailed you my details.
I have this week received a deed of assignment for outstanding PPI claims. I have accepted the proposal online, so hopefully things will start moving now?
Thanks,
bcollin69
font size="1" face="Verdana, Arial, Helvetica">quote:<hr height="1" noshade>Originally posted by Judith Anderton
Hello bcollin59,
Please send me an email (address in my profile) and a member of our Forum Support Team will be in contact to review your case further.
I called the contact number on the deed of assignment, just to question the process. It turns out that Equity in Finance have sent me this form and they advised me that it could be March 2014 until the meeting of creditors is held?
Please can you advise if there is any way that this could happen any quicker?
I have sent the signed forms back today, but have kept a scanned copy should you need this?
Hi bcollin69
I am in exactly the same situation as you - my IVA finished in July (I'm with DFD too) and the dreaded saga of PPI still ongoing after 2+ years. I contacted Matt through this site and replied very quickly saying DFF are in discussions with creditors about varying original proposals to allow PPI investigations to continue and closure documents to be issued. They are expecting a confirmed answer in January and will be writing to all of us that this will affect so all fingers and toes crossed and we wait with baited breath !!
All paid up on 16th July 2013 - now the waiting game ....
I accepted the ppi proposal on-line, called who I thought was DFD (turned out to be EIF) and confirmed that I wanted to accept the vote and that I'd signed the deed of assignment and had returned it in the post.
I received a further call from EIF today asking if I wanted to accept the proposal (after having this conversation with them yesterday!) If EIF are organising this variation (which it sounds like they are) I don't hold much hope on getting a successful conclusion any time soon.
As you say, fingers and toes crossed!
I'll call DFD tomorrow to see if I can get any more information out of them about this process and will feedback on this post.
This is a tad curious, as regulatory guidance issued to IPs in April 2013 allowed for cases to be closed with PPI claims followed up post-closure by the IPs who acted as Supervisor under continuing trust provisions. Perhaps DFD just want to "belt and braces" their approach based on their own legal advice?
Please please can you give me some advise on the following.
I've finished an IVA last June with debt free direct which was my last payment,
Recently I received some documents from then which they want me to sign and return back to them
It's called a deed of assignment
My question to you is this ok to sign and return to the document to close my IVA? I have spoke to them and the stated it is to close out my IVA
Please can you advise me please?
