How long does it take these companys to sort the PPI out ? I filled the required forms in 2012 and have heard nothing yet..Allthough I doubt their is any PPI .I hope it doesn't take 5 years plus ![:D]
If the matter has had to be referred to the Financial Ombudsman, then there is up to an 18 month waiting list at present, so this could be partly causing the delay in your case. If you are using a claims management company, they should be giving you regular updates of their progress.
No sorry I didn't explain very well I have a IVA that started in 2012 I filled out the PPI as requested and so far nothing has happened..I was just worried after reading peoples posts that it may very well run after the close of my IVA in 2017 as they seem to be painfully slow with everyone waiting and nothing happening.
Am sure any outstanding PPI issues can be sorted out well before 2017 - but sensible to look at this now and do reqest regular updates from the claims management company acting for you.
Emptypockets, my PPI was investigated under the watch of two different Insolvency Companies ( and IPs), neither they nor the claims company told me anything at all unless I asked specifically.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
