I finished paying my IVA in November 2012 and am due a PPI refund.

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Sue.47

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Post by Sue.47 » Wed Jul 24, 2013 12:06 pm
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I finished paying my IVA in November 2012 and have just received notification that i am due a refund from a PPI,Does this have to go into my IVA even though it is in the closure process and i have been told all creditors claims have been agreed? thankyou for any advice
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Michael Peoples

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Post by Michael Peoples » Wed Jul 24, 2013 12:12 pm
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It may be offset by the creditor against their debt in the IVA or it will likely go into the IVA 'pot'. This depends on the wording of your proposal so only your own IP could give a definite answer.
Michael Peoples | McCambridge Duffy Insolvency Practitioners
http://www.mccambridgeduffy.com
If you would like to talk to me about proposing an IVA or have any questions at all please visit www.mccambridgeduffy.com
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