Received CC May 2013 from GT. Now needing interest from PPI due to husband's redundancy

Get expert opinion. This is the place for new questions to be posted.
5 posts Page 1 of 1
 
 

hellena

User avatar
Posts: 32
Joined: Thu Feb 14, 2013 1:50 pm
Location: United Kingdom

Post by hellena » Mon Sep 08, 2014 12:40 pm
Hi we completed are Iva in November 2011, its then took us till May last year to get are completion certificate and we are now struggling to get the interest from ppi back from GT. All ppi has been paid to GT and are now closed. Money is being help that we are owned. My husband has just been made redundant so all money is needed. what should I do now?
hmpattinson
 
 

Foggy

User avatar
Posts: 33396
Joined: Fri Dec 17, 2010 11:14 am
Location: United Kingdom

Post by Foggy » Mon Sep 08, 2014 12:59 pm
Did you sign the "spotty letter" (so called because they came in spotted envelopes) agreeing to new conditions (part of which was an agreement that you were entitled to interest from PPI) ?

If so was the meeting held before or after the PPI was paid into your account ?

I was told by GT that any interest on PPI paid in before the MVM (Mass Variation Meeting) would not be given to me.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
 
 

hellena

User avatar
Posts: 32
Joined: Thu Feb 14, 2013 1:50 pm
Location: United Kingdom

Post by hellena » Mon Sep 08, 2014 1:41 pm
yes signed letter agreeing to new conditions before we received and ppi payment all payment went to GT and we are awaiting interest. The PPI payment went after signing the letter
hmpattinson
 
 

Foggy

User avatar
Posts: 33396
Joined: Fri Dec 17, 2010 11:14 am
Location: United Kingdom

Post by Foggy » Mon Sep 08, 2014 5:01 pm
Hmmm -- then they should honour the agreement. However, I have yet to hear of anyone offered such a promise (from various firms) getting the interest in their hands yet.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
 
 

Pandy

User avatar
Posts: 1987
Joined: Tue Jun 08, 2010 5:49 pm
Location: United Kingdom

Post by Pandy » Mon Sep 08, 2014 5:40 pm
We are waiting for the same thing. Last thing I heard from someone on here was that they (GT) were waiting on software to do the calculation with so no-one was getting sent it until that was available. Don't know if that was true or not but not heard anything since nor have I heard of anyone receiving anything from GT interest wise.
If life is what you make it, I must have been in a strange mood when I made mine
5 posts Page 1 of 1
Return to “Ask IVA Forum and Industry experts”