Got my closure certificate 2 years ago from GT. Told all my PPI from recent claim goes to IVA.

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Haydee.h

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Post by Haydee.h » Mon Jun 29, 2015 2:46 am
I completed my IVA from Grand Thorton and got my IVA closure certificate 2 years ago. Just recently I have a claim from my PPI and they told me all the money will go to the creditors.
 
 

Adam Davies

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Post by Adam Davies » Mon Jun 29, 2015 4:55 am
Hi

This is correct, the PPI will be deemed to be an asset of your IVA even though your IVA has concluded, however you may be entitled to the interest that was paid along with any refund of PPI premiums
Check with GT

Regards
Andam Davies
 
 

Foggy

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Post by Foggy » Mon Jun 29, 2015 8:59 am
As things stand, Andy is correct. The PPI potentially existed during the arrangement and is, therefore, an asset of that arrangement.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
 
 

Lisa Thomas

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Post by Lisa Thomas » Mon Jun 29, 2015 9:58 am
Sorry Haydee but the PPI belongs to your IVA, even though it is closed.
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
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