Awaiting CC, is IVA entitled to all PPI ?

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Emma.07

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Post by Emma.07 » 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

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Post by ginger323232 » Wed Jul 06, 2016 7:21 am
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

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Post by Lisa Thomas » Wed Jul 06, 2016 1:01 pm
Not the Company, but yes the IVA pot this is an asset of your IVA I'm afraid.
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
 
 

Sharon.10

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Post by Sharon.10 » Wed Jul 13, 2016 6:19 pm
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

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Post by Lisa Thomas » Thu Jul 14, 2016 12:23 pm
That's nice Sharon - not all proposals allow the debtor to have anything back.
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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