IVA finished 2013, what happens to new PPI claims?

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pranorm
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by pranorm » Wed Feb 21, 2018 8:18 am
Hi ,
I have finish Iva 2013 . Claim ppi 2015 but bank hold my money, said I still have outstanding, so they have the right to took my money to pay that outstanding. What can I do?
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kallis3
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by kallis3 » Wed Feb 21, 2018 8:44 am
Hi,

Your bank should send the money to your old IP for distribution to your creditors as it was an asset of your IVA.
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Foggy
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by Foggy » Wed Feb 21, 2018 9:06 am
The bank is not entitled to use the refund to offset a debt that was dealt with in the IVA, but the money belongs to the IVA anyway and not to you, so it isn't worth challenging.
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