PPI question

Get expert opinion. This is the place for new questions to be posted.
3 posts Page 1 of 1
Post Reply

lenora

User avatar
Posts: 1
Joined: Mon Feb 03, 2020 12:34 pm
Post by lenora » Mon Feb 03, 2020 12:34 pm
Quote
I need some advice. I went into insolvency years ago which I believe completed in 2007. I am sure I received Completion Certificate or a letter of no interest but I cannot locate the paperwork. I claimed some PPI against RBS and when I checked on the status was told that because they were one of the debtors that the monies I was to receive has to back into their debt management to pay off my debts to them. Can they do this
Top

Lisa Thomas

User avatar
Industry Expert
Posts: 7759
Joined: Wed Dec 03, 2014 10:26 am
Post by Lisa Thomas » Mon Feb 03, 2020 12:39 pm
Quote
Strictly speaking, no they shouldn't keep the funds, but the monies belong to the IVA anyway (even though it was completed) so no point in you pursuing this.
I'm a licensed IP with 16+ yrs at Neville & Co covering the South West area. I have a YouTube channel with advisory videos on here: https://www.youtube.com/channel/UCMPTTu ... Z5k9ZcC2MA http://www.nevilleco.co.uk 01752 786800 Lisa@nevilleco.co.uk
Top

Foggy

User avatar
Posts: 33396
Joined: Fri Dec 17, 2010 11:14 am
Location: United Kingdom
Post by Foggy » Mon Feb 03, 2020 1:35 pm
Quote
RBS are renowned for doing anything they can to keep the money and often use this trick. If you did get a letter of no interest, and can evidence this, the money is yours and I would take this up with the financial ombudsman.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
Top
Post Reply
3 posts Page 1 of 1
Return to “Ask IVA Forum and Industry experts”