I am afraid that this refund should be treated in the same way as PPI refunds post completion and be distributed to your creditors .... unless ... there is, indeed, a condition in your Full and Final, any money as a result of PPI etc after that point (May 2018) is no longer applied to the IVA, and ...

Hi all, I am looking for some advice, and any at all would be truly appreciated. I completed my IVA in May 2018 using a Full and Final. Now, today I received a letter stating that a closed Lloyds credit card account in the IVA had been adjusted because of fees that they shouldn't have imposed betwee...

Hi, Yesterday, I posted about money going into an account accidentally which is locked into my IVA. I need some advice please: I phoned the bank about three times yesterday. The first phone call resulted in them asking me how much I was overdrawn as a security question. The second time, I was told t...

Hi, Recently, a payment was sent to a bank account which is part of my IVA. It was a payment I wasn't expecting and recently found out about, it happened 3 days ago. The bank account is closed or at least not accessible by myself. The account overdraft is in with the IVA. It was a considerable amoun...

Usually provisions in the IVA terms will stipulate that if a PPI payment was to be received and it was a claim from one of the creditors within the IVA, then the full sum of that payment will need to be distributed between the creditors. Only in the case that the FULL sum of the original debt plus c...

Hey everyone, I though of an interesting scenario a few days ago. I've previously been director of a Ltd Company (of which I was 100% sole shareholder). I am now in an IVA and am self-employed. Are there any restrictions if I was to for example; turn my sole trading into a ltd company? How would thi...

Hi, My IVA was approved in May and I'm up to date on all my payments. I am in my final year of University. Earlier this month, I found out I was eligible for a student grant for the previous year 12/13. I have made amendments to my student finance application for that year and am awaiting an outcome...

font size="1" face="Verdana, Arial, Helvetica">quote:<hr height="1" noshade> Originally posted by sponge I think I'm right in saying that student loans cannot be taken into insolvancy? That's what i was thinking, which is why i didn't think it was necessary to declare it. Thanks ClairSilver, will s...

Hi, I have recently signed an IVA Application with PayPlan. I am currently a student, and have an income from property rental. I receive student loans at 3 intervals per year around £800. I have NOT declared this in my income, because i know that the loan is not classed as an income as with any loa...