www.iva.co.uk

I have had a latter from GT referance signing up for them to deal with any PPI, after speaking with them on the phone and agreeing to it im then told this cpould delay my completion, after quering this yesterday with their representative on the phone i was told that when i made my final payment in May last year PPI was not an issue , betweeen May last year and November i chased GT up and was told they were sorry and they would pass my file on to the closure team. In november when i again chase up im told its delayed because of PPI, i have had no explanation from them for the delay andim wondering what to do now as its seems to of been delayed just so they can claim the PPI, any advice please.

Guidance was issued to all IPs by their regulatory bodies last week as to how PPI should be handled within IVA cases. Within the guidance is a section on case closures, confirming that closures should not be held up for the sake of IPs pursuing PPI, as this can be done outside of the IVA so long as all documenation is provided by their clients.

Melanie,does this recent guidance to IPs mean that there is now no need for mvm prior to cert of comp being issued

Not necessarily, as the IP may need to get specific things agreed by creditors such as ongoing costs for pursuing the PPI, and also extending the time of the IVA.