Iva and Ppi with Aperture. We were asked to send forms off through slater Hayward . And there is a refund on a Ppi . Question is the interest and compensatory interest coming our way . The refund will be sent off to iva. Just what happens with the interest on the refund
Hi, we are with aperture and I've just been awarded £2598 and it went to aperture for my remaining money I owe and pay the company who found it also I received my £500 as per my contract as I've come from cleardebt and do not know what clauses aperture have from the offset and if they do the £500 goodwill gesture. Hope this has helped a little but I'm sure others will have more info for you
It will likely still be due into the IVA estate unless you had a clause in your IVA stating you could keep some of the PPI compensation, which would be a little unusual.
In the early days of PPI refunds, some IP's allowed clients to retain £500, some allowed them to retain any interest element and most changed course mid-stream ! The majority, however, take the total net refund into the IVA estate, for the benefit of creditors.
Aperture, when trading under the name of Grant Thornton, offered to return interest to clients if they signed up to new terms ( the old "spotty letters" you might find references to on the forum of old). What they do now should be somewhere in your paperwork.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014