Hi, my IVA finished in 2012. Do I have to notify supervisor of PPI money ?

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Elly.k

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Post by Elly.k » Thu Nov 26, 2015 8:07 pm
Hi my via finished in 2012 ppi s were claimed and repaid into my iva I was given £500. Today I received a letter from a bank saying I'm going to receive some money as they have found I was mis sold ppi . Do I have to notify my iva supervisor.
 
 

lifenoteasy

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Post by lifenoteasy » Thu Nov 26, 2015 8:32 pm
If you didn't sign anything to say you would and the bank is sending it directly to you it comes down to whatever you think you should do.
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.
 
 

Michael Peoples

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Post by Michael Peoples » Thu Nov 26, 2015 9:36 pm
Normally the PPI company will ask about any IVAs or know already. You need to be honest with them.
Michael Peoples | McCambridge Duffy Insolvency Practitioners
http://www.mccambridgeduffy.com
If you would like to talk to me about proposing an IVA or have any questions at all please visit www.mccambridgeduffy.com
 
 

Lisa Thomas

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Post by Lisa Thomas » Fri Nov 27, 2015 9:51 am
I expect you will find the PPI might get repaid direct to your ex Supervisor. It depends on whether anything was agreed about PPI when your case was closed and if not potentially could rest on a case that is going through the courts of appeal at the moment and won't be heard until sometime next year.
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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