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Emma.07
Posts: 1 Joined: Tue Jul 05, 2016 11:36 pm
I have currently finished my IVA and awaiting final certificate, but I have just been informed that PPI claim has come through, are the insolvency company entillled to it all?
ginger323232
Posts: 544 Joined: Thu Jan 10, 2013 12:31 pm
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Yes, even if you had your certificate PPI is seen as an asset, so as it stands it would still go into the IVA pot.
It worth remembering the IVA does NOT finish until you have the certificate, so you will be still governed by some of the terms
Lisa Thomas
Industry Expert
Posts: 7759 Joined: Wed Dec 03, 2014 10:26 am
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Not the Company, but yes the IVA pot this is an asset of your IVA I'm afraid.
Sharon.10
Posts: 252 Joined: Wed Aug 14, 2013 11:21 pm
Location: United Kingdom
I have been told by my iva company that I will get under £500.00 back from them from the ppi money.
Last payment made August 2012 Certificate of Completion recieved 15th of Novenber 2013.
Lisa Thomas
Industry Expert
Posts: 7759 Joined: Wed Dec 03, 2014 10:26 am
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That's nice Sharon - not all proposals allow the debtor to have anything back.