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Posted: Sat May 02, 2015 3:11 pm
by Eggs are ace
So this morning I received a cheque for ppi, I was expecting this to go straight to the iva(or the company thats dealing with the ppi), I think the reason its come to me is because this particular ppi was from a loan paid off long before the iva started and hence was not mentioned in the iva.
what do I do with this cheque now?? cash it and pay into my iva? or send cheque? really dont know?
Posted: Sat May 02, 2015 3:34 pm
by Foggy
If nothing else the claims company dealing with this will be wanting their commission. As for the balance some (increasingly few) IP's allow you to keep refunds from old loans, so I would speak to your IP and ask him / her what they want done.
Posted: Sat May 02, 2015 6:08 pm
by Eggs are ace
Never spoke to my IP, have tried several times, just seem to get a different person every time I phone....... I haven't phoned in 12 months, hopefully I can speak to them this time!
Posted: Sat May 02, 2015 6:44 pm
by Foggy
Ah, you are with one of those companies with a phantom IP ! I am afraid the messages will have to be relayed via an admin staff member.
Posted: Sun May 03, 2015 8:06 am
by ashb
Pay it in asap
Posted: Sun May 03, 2015 10:05 am
by banjoplayer
Pay it into your IVA as soon as possible, it will go a long way to showing your IP that you are open and above board with regard to income etc.
Posted: Sun May 03, 2015 10:10 am
by plasticdaft
Do nothing until you have confirmed by email or letter,exactly what they want done with it.
No comeback whatsoever at that point.
Paul
Posted: Sun May 03, 2015 10:22 am
by ashb
It's clear to me, you borrowed the money therefore you should do everything possible to pay every penny back of the full original amount and not try to find ways and points to keep any of it
Posted: Sun May 03, 2015 10:23 am
by lifenoteasy
As you are in an IVA hand it over.
Different matter if CC issued and if PPI was never a consideration.
Posted: Sun May 03, 2015 7:56 pm
by Eggs are ace
I'll email them and ask what I should do, didnt expect to keep any of the PPI money and yes it should go in the IVA, I am not trying to wriggle out of paying PPI to my IVA,
its strange that the cheque has come to me and is in my name and not gone straight to the CMC, as my other PPI claims have done
The last thing they should do is send a big cheque the likes of me! lol
Posted: Sun May 03, 2015 8:52 pm
by Evilmoo
I would wait to speak to your IP. As it comes from a previous loan I'm not sure how you would stand
I hope they let you keep it
