While I was in my iva grant Thornton insisted that I claim back my ppi! I filled in all the paper work and heard back from a few companies that I had failed. My iva completed in April 2013 and I have has my completion certificate and all has been cleared from my credit rating. I recieved a letter from Eic stating that I was recieving an ppi refund from Northern Rock. They have no written to me telling me that I have to return the money as it has to be sent to grant Thornton for my creditors. But my iva is finished. Are they authorised to do this
Harsh as it seems, yes is the short answer. All PPI is seen as an asset to the IVA, whether it was from a creditor to the IVA or not and even now you have your CC it is still an asset. I don't know what legal persuasion EIC can lever to make you pay it back but I wouldn't want to be the one to try my luck.
Last Payment made 04/12/14. Completion Certificate 25/7/15. IVA company GT. No Issues