Hay Mrs T long time no type?!?! Hopefully in 9 months time when you come to complete all of this (the VAt and PPI) will have gone away, i think its such a mess for some of us now is because as we were all due to complete the VAT issue reared its ugly and suddenly PPI appeared too!
With your case the VAT will be dealt with and clearly they have already investigated any PPI so once your on the 'home run' it should be quite clear for you so please don’t worry about what happen post payment 60....worry about that when it comes (It'll fly by!!)
Arty
IVA completion and certificate received 08/10/2012!!!
So everyone is aware any interest paid on iva funds forms psrt of the estate and will benefit the creditors and not the iva company. with the current interest rates it is likely that no interest is being paid at all on iva funds held.
Pigeonpie - I'd prefer it as a new member of the forum if you would not make generalistic comments about IP firms, when you cannot possibly know how the majority of them are run. I can categorically assure you that I do not hold money back to earn interest on it, but even if I did the interest earned would probably not even fund the cost of a cheese sandwich. Neither do I fob my clients off with excuses about why their cases cannot be closed.
There are many good and very reputable Insolvency Practitioners operting in the world of debt management and insolvency at the moment - and you should not use your experience of just one firm tar the impression left for other readers.
You sound very bitter, were you one of the rubbish workers that EIF have had to get rid of??
Maybe the service has improved since you have left (by the sounds of it more like sacked).
Jealousy gets you know where, are you saying EIF only treats Managers and Supervisors?? I bet you have had a Christmas bonus or staff party?
I have had to ring EIF several times they have always been helpful, the Banks seem to be delaying the process. I have always spoken to members of staff that seem older than 17 to 19.
My advice advice to you is grow up and get on with life.
font size="1" face="Verdana, Arial, Helvetica">quote:<hr height="1" noshade>Originally posted by MaryBee
Hiya everyone.
Thought i would put this on here as there is nothing else online.
Arty - it is utter chaos in the place. They have taken on to many young people fresh out of school, who are not prepared to do the job properly, and pass on to everyone else.
The sense that you have is correct, the amount of work is a joke, along with the poeple and the place. Most of the people who work there are 17-19, and just cannot be botherd to do anything or put correct notes on the system, so when someone like yourself phones up, no one knows what is going on.
If you want to know anything else from someone who has worked there, and been treated unfairly - please let me know as i would be happy to tell you the truth.
But i recommend anyone to NOT do it through them, the money in which they mnake etc goes on the Managers and supervisors, end of year "piss up" with a free bar - even though they get the "newbees" to do everything.
Olliecat -- welcome to the forum. However, please refrain from digging up old threads merely to flame. Enjoy posting, by all means, but remember, our ethos is respect for all.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
I find your comments amusing, as I am stating my findings, same as Marybee did.
Isn't that freedom of speech??
font size="1" face="Verdana, Arial, Helvetica">quote:<hr height="1" noshade>Originally posted by Foggy
Olliecat -- welcome to the forum. However, please refrain from digging up old threads merely to flame. Enjoy posting, by all means, but remember, our ethos is respect for all.
Many of the above comments are correct and there is something very fishy about the whole operation. In essence someone is lining their pockets from mis-sold policies someone else used to line their own pockets.
But there is a loop hole. If you are struggling to recieve your completion certificate please revisit section 9.2 of your contract. If you do not have one then phone dfd or EIF and request a new one. It basically states that if there is a likelhood that there is no PPI on the accounts then you can apply for a cancellation in writing. If for example you have 8 matters on your account and six are closed/failed for no ppi then a trend is created and it is unlikely that the final two will be subject to PPI.
Please enquire with DFD as to whether you will then recieve your completion certificate as Im not quite sure about this. Please, please, please revisit your contract and try and find any loophole you can as you can be sure DFD or the w**ker bankers will have...
...finally please do not despair, there are various good people at EIF who see it for what it is and perhaps tides are changing there
Hi All,
I have had a confirmed PPI claim from ALLAY for £1544.13 , EIF claim they have no interest in this claim as it was not theirs?However PAYPLAN fail to give me a figure on how much if anything i will receive from this claim!
They say that EIF are handling it all! but they say they are not !
The Whole thing is a nightmare and why would Payplan pass this claim onto EIF if Allay have already sorted the claim and are taking 36%
If there is a refund to come in respect of PPI then it will be due into your IVA estate unless there was a clause to say you could keep an element or it, which would be unusual.
I take it Allay are another claims company -- who instructed them ?
At the end of the day, regardless of which claims team are involved, you will be expected to accept the offered refund and pay it over to Payplan, as it is an asset of the IVA.
In the early days of PPI refunds, some IP's allowed clients to retain £500, some allowed them to retain any interest element and most changed course mid-stream ! The majority, however, take the total net refund into the IVA estate, for the benefit of creditors.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
They are another claims company - just googled them.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
