Yes, I had everything in writing from my case officer. I know that Payplan's take on PPI claims is different from what most of the other companies are - they are leaving it up to clients to decide whether to make a claim, whether on their own or through EIF, or indeed another claims company, and they don't seem to be delaying closures because of PPI claims. From what I can gather all delays are due to the VAT issue. Swings and roundabouts though as other companies are now able to issue certificates before the VAT is refunded and are not using this as a reason to delay.
Payplan's rep has been quite clear on this forum as to why they have contracted with EIF and that the lion's share of all rebates would be distributed between the creditors and EIF. Their financial arrangements with EIF, if any, were not disclosed. Iaronshove really should get clear , written answers or I'm afraid risk disappointment - irrespective of jmm's experience.
try this, post a new post on here call it e.g. final certificate not received from.....(insert your IVA companies name) after (insert how many months)hopefully a rep from the firm will then get your certificate to you once and for all after you have direct contact as a result of this forum
best wishes
Oscar
x
need to smile today? go on check out my blogs - I'll add to them regularly
Our IVA's over YIPPEE unbelievable!Seems like yesterday it was approved despite everything
If you did want to alert your IP on the forum it;s best to just edit the title of the thread - it's a bit confusing if there are a couple of threads going for the same thing.
Suppose the thing to note don't claim until you get your completion certificate just to be sure. As far as the right way to go Kazzafunk what a disgrace the whole topic is. Sure the creditors get some, but it also lines the pockets of the claims company and the IP firm, doesn't it? So it's a cash circus for everyone excluding the claimant. It just makes us the centre stage clowns for agreeing to it whilst in an IVA and that's why it's a disgrace.
It's predatory in it's nature and it disgusts me. I doubt we’ll hear from anyone trying to justify it’s position because they already know what the FSA thoughts on the matter are!
The trouble is , Sponge, too many IVA firms take the view that it's not you paying the IVA or reclaim fees.They then follow the old saying that 'if you're not paying for the product, you ARE the product. They don't even feel an obligation to tell you what they're making out of you.
Tiger Tiger in respect to how much the IP gets from a succesful claim I do wonder if it appears of the chairmans final report to the creditors good point!
I wasn't really driving the thread in that way as follows below
It runs a little deeper than that you see claims companies know that beyond six years of the last payment on a loan or credit, the loan company no longer is required to keep records of the PPI, hence the notion of the six year time bar. So you would assume that there's a limited opportunity for the claimant to claim post IVA anyway. Not so, this six year time bar is a bit of a myth as long as the claimant has kept the original paperwork then I believe there's a 10 year window to work from, well beyond the interest of the IVA
