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Posted: Tue Jun 14, 2016 12:25 pm
by Ali68
My IP is trying to get me to sign something to say he has control over any further PPI claims until the outcome of Green vs Wright appeal is clear. He will not issue me with my completion certificate until I do so, even though my IVA completed last November. Should I sign or not??
Posted: Tue Jun 14, 2016 12:37 pm
by kallis3
Hi and welcome,
It won't hurt to sign this as PPI is an asset of the IVA and once you get that letter you can start and move on.
Posted: Tue Jun 14, 2016 12:54 pm
by Foggy
It is up to you. In a nutshell, if you sign, you give up rights to future PPI claims regardless of the court case outcome. If you don't sign, you don't get completion until that case has been heard and the PPI will be dealt with accordingly.
Posted: Tue Jun 14, 2016 1:53 pm
by Radish
Its worth remembering if you get any windfalls in the meantime - before you get your certificute - you will more than likely have to pay it into your IVA - so I would sign a.s.a.p
Posted: Tue Jun 14, 2016 2:43 pm
by Lisa Thomas
Are you sure your IVA completed last year?
If so you do not need to sign anything - you are no longer bound by the IVA.
If instead you finished making your contributions but your IVA is still open then you will need to assign any PPI rights to the IVA to get it closed or await the outcome of the Green V Wright outcome.
Either way you aren't going to be able to retain an interest in the PPI so may as well sign the assignment docs.