I received money from a PPI claim before bankruptcy. Where is the money going ?

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Karendm84

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Post by Karendm84 » Sat Jan 30, 2016 3:38 pm
I received money from a PPI claim before I went bankrupt. Where is that money is going.
 
 

kallis3

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Post by kallis3 » Sat Jan 30, 2016 4:48 pm
Hi and welcome,

When did you go bankrupt? I imagine that the money will go to your creditors.
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.
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Lisa Thomas

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Post by Lisa Thomas » Mon Feb 01, 2016 10:58 am
Hi Karen - what do you mean that you received it? Do you mean your Bank account was in credit or do you mean you received notification that you have a claim but never actually received the money?

Your Trustee in Bankruptcy presumably collected/is collecting it and it will be used to defray the costs and debts of your Bankruptcy.
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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