Last of our 60'payments goes next week and got a letter on Monday saying awarded PPI (£800) was going into our IVA.
Its gutting but thats what we signed up for.
Always owe full amount of debt you entered the IVA with plus additiona fees/interest i think. What isnt paid from the 60 payments is written off so ppi, inheritance etc all goes into the pot as extra towards debt.
Id rather not get letters say "hi heres £800 ppi but we are sending it to your IVA company"!!! Would rather not know!!!!!!
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