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Posted: Thu Jul 31, 2014 6:51 pm
by Joannedp97
Have been in a iva for 4 years and have been doing ppi's which gets paid automatically back to my management company which is fine, but the question i would like to ask is i also have a business which isnt anything to do with my iva but i know i have some ppi's due back to me if i go a head and cliam the business ppi's back are my personal creditors allowed any of the ppi's due back to me? sorry so long winded thanks for any help.

Posted: Thu Jul 31, 2014 9:24 pm
by UpToMyNeckInIt
Of you took out PPI via your Ltd. Company, then as you suggest, it should get repaid to the company, as the company is a legally separate entity to you.

If you were a sole trader/partnership, I suspect the archenemy is a little more complicated.

Posted: Fri Aug 01, 2014 11:15 am
by Shining
No idea on this one personally but an expert may be able to advise so will bump this back up.