Some people will agree to anything if they are desperate for the card - I remember pleading with Direct Line for a new loan and they had initially said no. I was nearly on my knees wanting them to agree, which they eventually did.
If you don't mind it going to your creditors, then I don't see a problem with it.
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. http://kallis3.blogs.iva.co.uk
My own view on this is that its just wrong, yes they may of forced the ppi on us, but in the end it didn't work as they have now had to write off a proportion of the debt. Once its over, its over for me, ive had some PPI and in the end it may of contributed to me going down the iva route, but its the in the past and should stay there.
I agree-also if you were *forced* to take out ppi you had a month to cancel(which we always did).
I felt bad enough going for the dmp then iva-trying to claim money back when its all over is just plain greedy.Its like the creditors agreed to throw you a lifeline-you took it and then threw it back in their faces by trying to get more-I couldnt be so hard-faced.
full and final accepted January 2015
iva agreed; August 2010
iva would have completed; August 2017
extra year thank's to NRAM
The other thing is, i know Barclays and The AA who i had PPI with didn't vote at my creditors meeting. I know this may not be the reason they didn't vote, but in the end they agreed to all my IP's suggestions (not sure if thats the right word) during my IVA.
Before anyone reminds me, i know i had my issues with Barclays later in my IVA, but thats all sorted now, and was due to a different dept.
As I'm in a job which pays me when I'm off sick and at the time I took out loans I wasn't likely to be made redundant, there was no point me taking it out and it was never forced on me.
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. http://kallis3.blogs.iva.co.uk
Its always and interesting debate re PPI .....we were so ignorant....and I mean really ignorant that we signed whatever anyone put in front of us .!!! and ended up with PPI on everything
Even when we entered the IVA we hadnt a clue....this forum educated us big time...we didnt even realise we cold have reclaimed it during the IVA...only found out a few months after we did our Full and Final
We thought long and hard about reclaiming the PPI when we finished our IVA and decided we would ....we used a no win no fee and we were successful .
It is a personal decision and I wouldnt judge anyone who did the same .....
IVA completed 11th Dec 2009 due to a Full and Final with the fantastic help of Michael Peoples and
Mc Cambridge Duffy
Good point BOL - however,if PPI is reclaimed post IVA, would anyone pay it over to creditors? Personally, I wouldn't as the creditors heaped charges onto hubby's account when they knew he was proposing an IVA. So, the figure they actually "offset" differs from what I believe it should have been.
I agree about the heaping charges. I'll be asking IP to see copies of what creditors submitted when evidencing their claims...i submitted debt totals late to get an accurate figure yet all but one piled on at least a few hundred pounds in the month up to the meeting. I know they're not blameless.
I don't agree that someone can lodge this sort of claim once an IVA has concluded. The debts have been compromised and written off by nature of the conclusion of the IVA. There can be no future right to claim mis-sold policies or unfair charges.
But with best will in the world Melanie, If the person(s) under the tag MORE TO LIFE have done this then for me that is a precedent that I will follow.
I am also at the moment still fighting to get defaults lifted on my credit report. IT IS 2 YEARS since my full and final so dont anyone come on hear and be a do gooder and tell me its wrong to claim. These institutions havent had the grace to do what they should have done in January 2009, so I will proceed with the PPI claims and enjoy what it brings.
