Hi,
I paid my iva off in full 5 years ago, then my original insolvency company went to another I've finally after 5 years I had my closure report, then they were phoning me for permission to claim ppi back. This morning I've received a cheque from lloyds with my ppi claim what happens to the money is it mine or will I get any of it, I'm a bit confused that it's been sent to me. Many thanks Louise xx
They have sought leave to appeal, so it is not cut and dried yet.
Assuming you definitely have your completion certificate I would deposit the cheque in a savings account and await the final verdict. If, it is deemed to be part of the old IVA, then it will have to be paid over, if not, it is yours. If you pay it over now, you will never get it back ..... unless the claims companies want to then go up against the IP's to get it back !
It seems that GT for one are trying to get in ahead of any further judgement by pursuing old PPI claims again.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
If you have signed a deed of assignment then the funds would almost certainly belong to the IVA regardless of the court case. This affected those whose IVAs had completed without a DoA being signed and as the others say is listed for appeal anyway.