Do i have a claim on PPI refund money?

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mohammed
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by mohammed » Wed Jan 17, 2018 1:41 pm
I have been discharged from my IVA april 2017 considerable amount of funds from my PPI refunds has been claimed from my PPI refund. Do I have a claim to that money. Thanks
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kallis3
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by kallis3 » Wed Jan 17, 2018 1:53 pm
Hi,

Unlikely unless you can pay back 100p in the pound, anything after that plus fees will be returned to you.
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Foggy
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by Foggy » Wed Jan 17, 2018 2:26 pm
The PPI belongs to your creditors unless, as Kallis mentions, it covers the full original debt, plus fees and possible statutory interest, in which case any surplus will be returned to you.
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