Will reclaimed PPI go to IVA even though I have no debt with this particular creditor ?

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Luisa

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Post by Luisa » Sat Sep 19, 2015 12:10 pm
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I have had a Barclays additions account for the last 10 years and been in an iva for the last 3, I have just claimed back ppi of £2000, will this go to my iva even though I have no debt with Barclays?
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lifenoteasy

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Post by lifenoteasy » Sat Sep 19, 2015 12:12 pm
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Hi - I'm afraid it has to.
IVA started March 2011, Completed March 2016 and certificate issued 11 days after final payment. It was not always easy but then some of the best decisions aren't.
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kallis3

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Post by kallis3 » Sat Sep 19, 2015 12:18 pm
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Hi and welcome,

Totally agree - it will have to be paid across.
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.
http://kallis3.blogs.iva.co.uk
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thisusernameistaken

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Post by thisusernameistaken » Sat Sep 19, 2015 1:24 pm
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Yep, it's classed as a windfall and will be taken into the IVA.
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Lisa Thomas

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Post by Lisa Thomas » Mon Sep 21, 2015 1:19 pm
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Hi Yes - I'm afraid it doesn't matter if you don't have a debt to Barclay's - it's because its an asset of your estate that it's due into the IVA.
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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DBunyan

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Post by DBunyan » Sun Oct 04, 2015 6:32 pm
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Hi There
Yes, absolutely.....They have taken £11,500 in successful PPI claims from me.
Deborah Bunyan
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