Can my IVA practitioner claim PPI from a previous creditor not part of IVA?

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alex164
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by alex164 » Fri Apr 13, 2018 12:23 pm
Can my IVA practitioner claim PPI from a previous creditor that is not part of my agreed IVA? They have successfully claimed a large chunk of my IVA from a creditor from 14 years ago.

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Foggy
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by Foggy » Fri Apr 13, 2018 12:37 pm
alex164 wrote:
Can my IVA practitioner claim PPI from a previous creditor that is not part of my agreed IVA? They have successfully claimed a large chunk of my IVA from a creditor from 14 years ago.

Thanks


Yes, they can, although some IP's don't claim from lenders settled prior to the IVA they are suppose to and are entitled to. The cash value of the refund is the asset --- the source is not a factor.
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Lisa Thomas
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by Lisa Thomas » Fri Apr 13, 2018 1:45 pm
Yes - its an asset of your estate, regardless of whether they are a creditor or not, that is irrelevant.

It could mean depending on the figures you could offer a full and final to finish early...?
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