Will it be accepted that someone in an IVA is going to refuse to sign it as it is worded so ambiguously that it leaves the door open for eternity for that IP? For them to then make a formal complaint, and it being upheld, to the FO and or the IP's governing body.
I personally claimed all the PPI and Bank Charges due to me and handed them over to my IVA company, so was never asked to have a power of attorney document signed prior to my Completion Certificate being issued, but I know people who were told that with out that signature a CC would never be issued.
Just opening a can of worms to gauge the responses and opinions
The Deeds of Assignment are full of holes and would need to be demonstrated in court that they are enforceable in terms of requiring co-operation to submit applications once someone is out of an IVA.
The obligation is still there though if you receive PPI without going through a claims process - you need to tell your old IP and see what they say.
The IVA industry is tarnished, inconsistent and at times outright lies - I saw one advert recently saying that an IVA was a good way of paying back credit cards faster.
recovering wrote:Foggy, the deadline is that for new claims or existing? I have a few that have been delayed just wondered if that is a tactic? I haven't heard a peep for months from the claims firm. After recovering about 12k already I think the amounts would be more than a few quid
Everyone has been pretty quite about it, but I would imagine it will be for new claims. The banks will probably just blanket refuse existing claims, knowing another can't be lodged, unless the F.O lays dfown some guidance (but why should they start doing that now ?!)
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