I am nearly three years into an IVA. I have successfully claimed PPI dating back to 1997 when I was married, now divorced and it was a joint account. I have been told that the money will be split equally.DO I have to tell my IVA company ?
Yes! Some (rare) IP's will allow you to keep PPI relating to old loans, although they shouldn't. This money (at least your share of it) is an after acquired asset and belongs to youir creditors and your IP must be informed and will decide how to treat it -- but be prepared to lose it to the IVA.
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