Do I need to inform Aperture about PPI cheque??

[andrea457]

Was in IVA with debt free direct, now Aperture have taken over made last payment in February 2018 waiting for completion certificate. I have received a cheque from PPI which was nothing to do with debt listed in my IVA.

Do I need to inform Aperture about PPI cheque??

[Foggy]

Yes you do as all PPI belongs to the creditors and, in any event, you are still in your IVA.

[andrea457]

Thanks Foggy, I’ll ring Aperture tomorrow.

[MerlinL14]

Thanks Foggy, I’ll ring Aperture tomorrow.

That is going to sting! But not as much as being found out 6 months down the line, after you have spent it. Every PPI check I received and reported to my IP was a horrible experience.

[Foggy]

Thanks Foggy, I’ll ring Aperture tomorrow.

That is going to sting! But not as much as being found out 6 months down the line, after you have spent it. Every PPI check I received and reported to my IP was a horrible experience.

It is painful -- but in the grand scheme of things (and everyones figures are different) I "lost " £8k PPI to my creditors, but they "lost" over £30k of my principle debt along with at least £20k in unpaid contractual interest. So I still came out well ahead ---- although, I have to admit, it didn't feel like that at times ... but ... with the benefit of hindsight ........