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PPI paid against the debt

Posted: Sun Oct 04, 2020 6:12 pm
by yvonne493
I had an IVA from 2009 - 2014. Unfortunately I did not keep paperwork after that. I know the IVA company sold this and then that company stopped existing. My error was that I was taken in by PPI Company letter offering to get tax back. I was due payments back from bank who now say that they have offset what I should have been paid against the debt that was left despite me thinking it was legal IVA & rubber stamped by a County Court. How can they override this? They now say I still owe them over 1000 GBP .

Re: <t>PPI paid against the debt</t>

Posted: Sun Oct 04, 2020 6:45 pm
by Foggy
They should not offset after an IVA, one bank in particular often does this, knowing that you are unlikely to argue. However, the PPI refund might not be yours anyway. In theory the refund belongs to the IVA, even after completion, and is due to your creditors. It is possible that the trust created by the IVA still exists ... can you remember the name of the IP involved ?

Re: <t>PPI paid against the debt</t>

Posted: Mon Oct 05, 2020 8:51 am
by yvonne493
Hey, my IVA was with clear start, after I had finished the debt paying as per CC they were brought by debt free direct then brought by Aperture.

Aperture already confirmed no interest in me. How can I challenge the bank? Where would I be able to get paperwork?