My iva completed and I have relieved the certificate however I have now claimed ppi from first plus and they have stated that the cheque will still be sent to the insolvency company. Even though I only accepted the settlement offer on the condition the money goes either to me or off of the loan. (The ppi was not part of the I've as it was on a secured loan)
Is this legal, ethical or even allowed?
Please help me with your wise advice?
The PPI would have been an asset of the IVA but you could consider legal advice to try and recover it. Had FirstPlus offset against the secured loan this may have made things a lot easier as your secured borrowings would have reduced and the money would not be sent to the IP.
font size="1" face="Verdana, Arial, Helvetica">quote:<hr height="1" noshade>Originally posted by Michael Peoples
The PPI would have been an asset of the IVA but you could consider legal advice to try and recover it. Had FirstPlus offset against the secured loan this may have made things a lot easier as your secured borrowings would have reduced and the money would not be sent to the IP.
Thats what i had requested and what about the extra payments made since the completion of the IVA? surely they are not able to be counted?
