Overpayment

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watzki

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Post by watzki » Fri May 06, 2016 5:41 pm
Hi all
Our iva finishes in July
Today we received a letter from barclays plc which is one of our creditors.
The letter said we were due some refund and to ring them.So ring them we did and they said there was £52 to be returned to us.We asked where the money came from,they replied a third party had been paying it and the money was ours.
The question is do we need to inform our IP
Today 1st of December 2016 the vultures finally flew away
 
 

kallis3

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Post by kallis3 » Fri May 06, 2016 6:03 pm
It can't hurt you to speak to them - if you can keep it then great!!
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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watzki

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Post by watzki » Fri May 06, 2016 6:21 pm
Cheers kallis will ring them Monday or tuesday will update after
Today 1st of December 2016 the vultures finally flew away
 
 

Lisa Thomas

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Post by Lisa Thomas » Mon May 09, 2016 9:58 am
Yes until you get your CC you will probably find this money would be due into your IVA.

You might find that actually Barclays would pick up on this at some point and actually not send the funds to you after all.
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
 
 

watzki

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Post by watzki » Mon May 09, 2016 10:06 am
No lisa we rang barclays and they said the money belongs to us as the account is now fully paid and all monies from now to the end of the iva will be returned to us
Today 1st of December 2016 the vultures finally flew away
 
 

Lisa Thomas

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Post by Lisa Thomas » Mon May 09, 2016 3:06 pm
Barclays may believe the money belongs to you but it may actually still be due into the IVA.

I'm surprised the Bank would state that without checking with your IP first.
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
 
 

watzki

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Post by watzki » Mon May 09, 2016 4:01 pm
Hi checked with IP and money due to iva,when I get the cheque I have to cash it then ring iva company and then pay with debit card.
Well at least I know where I stand
Today 1st of December 2016 the vultures finally flew away
 
 

Lisa Thomas

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Post by Lisa Thomas » Mon May 09, 2016 4:26 pm
Sorry about that - to save yourself the hassle you could tell Barclays to send it direct to your IP.
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
 
 

watzki

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Post by watzki » Mon May 09, 2016 6:18 pm
No worries lisa when you have been in an iva for nearly six years things like this a "water off a ducks back"as they say.
Hiccups like this happen and to be fair freeman jones are very good and they answer the phone usually straight away and give you an answer to your query quickly.
Mind you they weren't like this three years ago so I think they've got their act together
Today 1st of December 2016 the vultures finally flew away
 
 

Lisa Thomas

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Post by Lisa Thomas » Tue May 10, 2016 9:11 am
Good to hear they are very good.
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
 
 

Steven Hewitt

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Post by Steven Hewitt » Fri May 13, 2016 11:22 am
Hi watzki,

Looks like you've already got everything covered, but if you want to pop me an email when the money arrives then please feel free to do so at Steven.hewitt@Freemanjones.co.uk

I'll make sure the team are ready for it to keep things running smoothly for you.

Thanks
Steven Hewitt - a member of the team at Freeman Jones
 
 

Foggy

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Post by Foggy » Fri May 13, 2016 12:39 pm
Thanks again Steven.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
 
 

watzki

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Post by watzki » Fri May 13, 2016 10:43 pm
Will do steve no problem
Today 1st of December 2016 the vultures finally flew away
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