Mortgage provider not part of IVA & PPI

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elaine610
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by elaine610 » Mon May 22, 2017 3:00 pm
if my mortgage provider - the Halifax was never part of the IVA and I always made the payments...can the iva company go in and claim the PPi which I believe is there?
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kallis3
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by kallis3 » Mon May 22, 2017 3:04 pm
Hi,

Yes they can and anything claimed will be paid across to your creditors.
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Foggy
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by Foggy » Mon May 22, 2017 3:05 pm
Yes -- the source is irrelevent -- it is an asset.
redboxtree
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by redboxtree » Mon May 22, 2017 3:33 pm
Agree with Foggy - but make sure you highlight if you have ever had to claim against that protection.
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Michael Peoples
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by Michael Peoples » Mon May 22, 2017 4:10 pm
You could try and get the Halifax to reduce the balance of your mortgage by any overpayment. This could create equity and a possible extension but might be of a benefit in the future.
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