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PPI claim once iva ended

Posted: Sun Jul 05, 2020 1:28 pm
by Carl.gi
Hi,
Completed my Iva in 2011.
Was due to receive a ppi payment from Lombard plc
and have been informed by them that they will not be
Paying me as it should go towards what I owed them.
I thought once your Iva is completed that was the end of the matter, am I right?

Re: <t>PPI claim once iva ended</t>

Posted: Sun Jul 05, 2020 1:55 pm
by Foggy
They should not be allocating the funds to offset the debt to them and you can take this up with the financial ombudsman. However, if the ombudsman orders them to make the refund it will have to be paid into your IVA, as. legally, the refund is an asset of that arrangement, albeit unknown at the time.