Page 1 of 1
Posted: Thu Nov 29, 2012 5:16 pm
by S.69
i am 4 years in to my iva but we recieved al of our ppi 4 years ago without declairing it what will happen to us?
Posted: Thu Nov 29, 2012 5:26 pm
by Foggy
If your IP becomes aware of this you might have to pay in the "lost" monies, probably by extending the IVA.
Mind you, four years ago PPI wasn't such a hot potato and it might not have been payable into the IVA (though I doubt it). However, asking for clarification will alert him to what has happened.
Posted: Thu Nov 29, 2012 7:01 pm
by Muggins
Hi! Did you claim your ppi prior to yr IVA or afterwards?
Posted: Thu Nov 29, 2012 8:54 pm
by MelanieGiles
Did you fail to disclose a receipt of funds after your IVA had been approved? If so, this is probably a material irregularity which could cause your IVA to fail.
Posted: Tue Dec 04, 2012 5:15 pm
by S.69
font size="1" face="Verdana, Arial, Helvetica">quote:<hr height="1" noshade>Originally posted by Muggins
Hi! Did you claim your ppi prior to yr IVA or afterwards?
Afterwards by 6months! wasnt thinking straight and now so stressed[B)]
Posted: Tue Dec 04, 2012 8:09 pm
by luluj
time to come clean to your IP and work with them to try and resolve this ...hoping they allow you to continue with your IVA....let us know what happens
Posted: Tue Dec 04, 2012 8:49 pm
by MelanieGiles
Your IP must have asked you at the end of each year whether you had received any additional funds during the year that you needed to declare? Did this happen, and assuming yes, how did you respond to that?