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!!!!!!
Who is onlineUsers browsing this forum: No registered users and 25 guests
Ask the IVA Experts a QuestionSimply complete form and you will get an answer from our IVA Experts (multiple replies within an hour *)
* Any use of this forum is conditional on you having read and agreed to our terms and conditions.
* If you enter your phone number, IVA.com Group Limited will give you a courtesy call to ensure that your question has been answered.
* The question will be posted on our forum, we will email you the location