PPI CLAIM. My IVA has finished.

Get expert opinion. This is the place for new questions to be posted.
3 posts Page 1 of 1
 
 

daz6572

User avatar
Posts: 18
Joined: Thu Jul 09, 2009 9:18 pm
Location: United Kingdom

Post by daz6572 » Wed Jan 20, 2016 8:35 am
PPI CLAIM
My iva has finished, I have my completion certificate but I've received a letter from Barclays stating that I was missold ppi on a loan with them from 2001, (my iva ran from 2009 to 2015).They are paying back £900 but they are sending the cheque to my IP. Is this correct or should i get the money? I am puzzled
d quinn
 
 

Michael Peoples

User avatar
Industry Expert
Posts: 15189
Joined: Mon Nov 03, 2008 12:36 pm
Location:

Post by Michael Peoples » Wed Jan 20, 2016 9:48 am
You may have signed a deed of assignment with DFD when your case closed and the money would then belong to the creditors in the IVA. You need to check with DFD who will advise better with full knowledge of your case.
Michael Peoples | McCambridge Duffy Insolvency Practitioners
http://www.mccambridgeduffy.com
If you would like to talk to me about proposing an IVA or have any questions at all please visit www.mccambridgeduffy.com
 
 

Lisa Thomas

User avatar
Industry Expert
Posts: 7759
Joined: Wed Dec 03, 2014 10:26 am

Post by Lisa Thomas » Wed Jan 20, 2016 9:53 am
Hi check with DFD. some other posters on here are saying they got consent from DFD when their IVAs closed to retain the PPI but now DFD have allegedly reversed their decision and are keeping the PPI.

If you signed an assignment then you agreed they could keep it.
If not it sounds like you might have a right to challenge this.
I'm a licensed IP with 16+ yrs at Neville & Co covering the South West area. I have a YouTube channel with advisory videos on here: https://www.youtube.com/channel/UCMPTTu ... Z5k9ZcC2MA http://www.nevilleco.co.uk 01752 786800 Lisa@nevilleco.co.uk
3 posts Page 1 of 1
Return to “Ask IVA Forum and Industry experts”