PPI CLAIMS AFTER IVA COMPLETED 18 MONTHS AGO

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Vickilou28

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Post by Vickilou28 » Tue Jul 19, 2011 5:23 pm
Hi Guys, I was wondering if someone could help me with this....I completed my IVA about a year and half ago (by full & final settlement) and I think it will drop off my credit file in a year or so too. In January this year I persued 2 claims for mis-sold PPI insurance and so far on one I have been successful (although I have not received the money yet following an offer letter from the lender).

The loan I had the PPI on was before I took out the IVA. Basically I guess what I'm asking is can the lender still take the money even though my IVA was completed/settled 18 months ago?

Thanks :) [8D]
IVA COMPLETED ~ I'M NOW DEBT FREE!!!
 
 

kallis3

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Post by kallis3 » Tue Jul 19, 2011 5:29 pm
If you have completed your IVA and the company are willing to pay the money across to you then fine.

I don't think they can keep it now but hopefully one of experts can advise.
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.
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Vickilou28

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Post by Vickilou28 » Tue Jul 19, 2011 5:58 pm
Thanks Jan, much appreciated. I'll see what they say! :)
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MelanieGiles

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Post by MelanieGiles » Tue Jul 19, 2011 9:17 pm
You will now have been discharged from the debt, so in principle there should be no reason why the money cannot be repaid to you - but the creditor concerned may have rights to clawback any PPI refund so I guess it is just a case of wait and see. If you are working with a claims company do be careful that you end up with nothing but a big bill for their unpaid costs.
Regards, Melanie Giles, Insolvency Practitioner
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