The day has finally come, my cert of completion has arrived this morning.[:D]
The last 2 years have without doubt been the hardest I have ever had to deal with, but I would also say that is has been a valuable lesson in alot of respects.
For anyone just starting or already in an IVA, I can safely say that you will not find a more friendlier, helpful and experienced bunch of people than on this forum.
A massive thank you to everyone for all your advice and contributions.
Alas, I am still in need of some advice regarding PPI claims.
I have had loans prior to and that were not included in my IVA that I can claim back miss sold PPI on.
My query is,
would you use an outside company to process your claim ?
Do it yourself, If so how ??
Lastly, on the consumer action group website it lists contact details for the major banks. Whilst reading the Barclays section it states you can make your claim via the phone and they state that they would rather deal with you direct. They also claim this is the faster option.
Only problem I forsee with this is that they obviously record your phone calls and one wrong word from yourself could potentially damage any exsisting or alternative claim.
I used an outside company when claimed my ppi last year from santander, but they were the cheapest at the time wanting 35% ! Luckily we got a nice 6k back within 4 weeks, so we didn't mind so much.
I found out around 3 months later that you can do it yourself by using a template found on the web I believe, but this may take them longer to process.
I also claimed recently by speaking the the loan company direct, RBS, and waited 13 weeks before getting a letter Saturday stating that they were refunding my ppi payments to date and also adjusting my current loan balance, so they reduced it to a total of £45oo ! This loan is now in my IVA so although I won't see it, I feel very pleased that it has helped somewhere !!
Started IVA 27th Feb 2012 - Due to complete 27th Jan 2018 !!
Full & Final submitted and accepted 30th March 2015, paid 10th April 2015 - 3 yrs 1 month into IVA
Completion Certificate received- 30th April 2015!!
well done from me too, I would say you could reclaim PPI yourself there are plenty of templates on the web available for letters, good luck for your future!
I certainly wouldn't use a firm to claim back the PPI, as lem says, you should be able to find a template letter.
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
that money saving expert site I believe has a section on ppi,again I wouldnt pay anyone to get rich off the back of being mis-sold something!! Do it for yourelf.
Well done on getting through the iva.
Paul
Discharged today the 8th feb 2012. View is much brighter now.
Continuing to rebuild our credit worthiness.
Congratulations on it all finally being over Moneyprobs. You are well and truly free from debt and on a verydifferent pather to where you were all those years ago.
I hope we still hear from you from time to time to see how life post IVA is going. Best wishes with everything.
Regards,
Regards, Tina Shortland, Debt Advisory Manager for Melanie Giles at Debt Advice TV.
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Congratulations to you, it must be a fantastic feeling and I'm sure you have learned many valuable lessons, not least on how to make your pound stretch further.
Andy. As a couple of firms have mentioned, the vast majority of claims are being accepted uncontested at the moment, so using an agent is an expensive sledgehammer to crack the nut.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
Hi no idea on the ppi aspect of the post but would like to say a huge congratulations on being debt free and hope your debt free future is a very rosy one. x
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.
PPI claims - I am currently chasing a claim that has had to go to the FSCS as the company are no longer trading - we are using a company to do this and yes they do take a % but they have been able to use their experiences to ensure the paperwork and statements written have been done in such a way that we should receive some money back !
I looked at doing it myself, and although the forms appear to be straightforward, I took the decision to use someone to do it for me ! The company we are using are a no win, no fee basis and it is based on a % share depending on the refund amount !
Sharing from experiences of dealing with debt
There is a solution for everyone .... Just need to stay positive !
