I had a IVA that failed...my PPI was sent but never added to the IVA. No sign of where it's gone.

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Mansall.99

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Post by Mansall.99 » Sun Apr 24, 2016 11:04 am
I had a iva that failed...during the iva i had a ppi which moneys was sent into the iva,this was 2 years ago the ppi..as of now i have found out that the ppi money was never added to the iva and there is no sign of the money where its gone..the bank that sent the ppi to the ip said it had been cashed,now an trying to trace it..this is totally out of order
 
 

Foggy

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Post by Foggy » Sun Apr 24, 2016 12:18 pm
You need to ask the IP to account for the money. If needed make a formal complaint which you can escalate to the IP's regulators.

If they cannot account for the money you could consider taking legal action.
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 Apr 25, 2016 2:49 pm
What do you mean the the PPI was 'never added to the IVA' please?

Has your IP confirmed they never received the funds?

Best of luck tracing it.
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
 
 

Mansall.25

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Post by Mansall.25 » Tue Apr 26, 2016 1:22 pm
font size="1" face="Verdana, Arial, Helvetica">quote:<hr height="1" noshade>Originally posted by Lisa Thomas

What do you mean the the PPI was 'never added to the IVA' please?

Has your IP confirmed they never received the funds?

Best of luck tracing it.
 
 

Lisa Thomas

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Post by Lisa Thomas » Tue Apr 26, 2016 2:47 pm
Hi Mansall you have copied my post but not added a comment?
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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