PPI claim once iva ended

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Carl.gi

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Joined: Sun Aug 21, 2011 11:12 pm

Post by Carl.gi » Sun Jul 05, 2020 1:28 pm
Hi,
Completed my Iva in 2011.
Was due to receive a ppi payment from Lombard plc
and have been informed by them that they will not be
Paying me as it should go towards what I owed them.
I thought once your Iva is completed that was the end of the matter, am I right?

Foggy

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Joined: Fri Dec 17, 2010 11:14 am
Location: United Kingdom

Post by Foggy » Sun Jul 05, 2020 1:55 pm
They should not be allocating the funds to offset the debt to them and you can take this up with the financial ombudsman. However, if the ombudsman orders them to make the refund it will have to be paid into your IVA, as. legally, the refund is an asset of that arrangement, albeit unknown at the time.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
http://foggy.blogs.iva.co.uk
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