PPI being paid to old IP supervisor

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beverley730

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Post by beverley730 » Wed Aug 15, 2018 7:05 am
I was in a Iva between 2005-2010 I completed the Iva I have now since been told I am intitled to some ppi back but have been told it is to be credited to my supervisor of my Iva which when I have looked this up there are not intitled to it what can I do

Foggy

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Post by Foggy » Wed Aug 15, 2018 7:51 am
beverley730 wrote:
I was in a Iva between 2005-2010 I completed the Iva I have now since been told I am intitled to some ppi back but have been told it is to be credited to my supervisor of my Iva which when I have looked this up there are not intitled to it what can I do
Where have you seen that they are not entitled ? As things stand at the moment, and as recently confirmed by the courts, PPI does belong to your former creditors, via your former IP, unless the IP declares he / she has no interest in the refund.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
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kallis3

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Post by kallis3 » Wed Aug 15, 2018 7:54 am
Foggy is right. It is an asset in your IVA and as such may well be paid across.
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MerlinL14

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Post by MerlinL14 » Wed Aug 15, 2018 1:48 pm
You have either listened to or been given incorrect information. The only one entitled to PPI refunds if you have been in or are in an IVA is your supervisor. The funds will be distributed to your ex creditors unless your ex IP doesn't have the inclination to chase this up and states his non interest in the refund. If it is a substantial amount I can almost bet you will see non of it as your IP will want to distribute this to your ex creditors.
Last Payment made 04/12/14. Completion Certificate 25/7/15. IVA company GT. No Issues
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