PPI still confused

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Meash1
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by Meash1 » Sun Jun 17, 2018 5:21 pm
Hi. Asked a similar question last week but still not 100% sure. I completed my IVA 4 years ago. I had a small PPI award from a non creditor (PPI was taken out many many years ago). Is this still payable back to IVA? Checks for PPI were made during the life of my IVA and this was paid to creditors at the time. Just need clarity. Thanks
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Foggy
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by Foggy » Sun Jun 17, 2018 5:38 pm
Meash1 wrote:
Hi. Asked a similar question last week but still not 100% sure. I completed my IVA 4 years ago. I had a small PPI award from a non creditor (PPI was taken out many many years ago). Is this still payable back to IVA? Checks for PPI were made during the life of my IVA and this was paid to creditors at the time. Just need clarity. Thanks


Technically, yes, it belongs to your creditors as the refund existed during the IVA. Your former IP might not consider it worth the cost and effort of digging out old files and may well let tyou keep it.
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kallis3
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by kallis3 » Sun Jun 24, 2018 4:43 pm
Agree - it might not be worth it to them
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