Hi, Can a PPI claim be made if the IVA was settled in full 2 years ago ?

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hara33

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Post by hara33 » Sun May 25, 2014 6:46 pm
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Hi,
Can a ppi claim be made if it relates to a loan included in a iva if the iva was settled in full 2 years ago? I found an old bank statement whereby a bank charged me £235 upfront for a £1,400 loan in 2000.
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Adam Davies

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Post by Adam Davies » Mon May 26, 2014 8:45 am
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Hi

You can claim but there is still a possibility that any refund will be paid to your old IP or offset against any shortfall following the conclusion of your IVA
Best to make the claim yourself rather than using a third party so that you do not become liable for any fees just in case all funds go to IP/offset

Regards
Andam Davies
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Michael Peoples

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Post by Michael Peoples » Tue May 27, 2014 9:05 am
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It may be worth speaking to your old IP because the amount involved may not warrant them reopening the IVA and distributing the funds.
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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