I got my completion Certificate January 2017, they did all the PPI checks and received funds but I got a letter from a company saying I could claim PPI back from IVAs.
Long story short I got a letter saying I have PPI from a old catalogue account and it totals nearly £6,00. It has gone to the IVA company and said they are keeping it yet I got a letter from PPI specialist saying they are sending me a cheque in my name which I obviously have not got but IVA have taken.
If they have sent a cheque in my name how will the IVA company cash it and why have they taken all of it. I paid into my IVA for 7 years and never missed a payment, it all seems so unfair.
The law is such that PPI refunds do belong to the former IVA for the benefit of former creditors. This has recently been ratified in the Appeals Court. I would be wary of the advice of any "PPI Specialist" who gets 40% commission (plus VAT) !
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014 http://foggy.blogs.iva.co.uk
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk