Equity and PPI

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Gillian.29
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by Gillian.29 » Sun Sep 30, 2018 7:21 am
I have 1 month to go to complete my IVA. After 6 years I will finally be rid! It has given us a life back and we will be completely debt free! My question is if I now sell my house will I have to give any of my equity back or is that it am I completely free. Can we also claim any PPI?
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Foggy
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by Foggy » Sun Sep 30, 2018 8:32 am
You are not free until such time as you have your completion certificate -- so do not sell until then. Also confirm with your IP that they have lifted the RX1 restriction on the property.

PPI, I am afraid, will always belong to your creditors, so any you claim will have to be paid to your IP.
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