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Can I reclaim PPI once I've been discharged from Bankruptcy?

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dizzykj
dizzykj Posts: 5 Forumite
in Bankruptcy & living with it
Hi

Please can someone help me I need to know whether or not I can still reclaim my PPI Ins from FirstPlus once we have been discharged from Bankrupcy???????
«13

Comments

  • JCS1
    JCS1 Posts: 5,335 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Was the loan included in your BR? If it was, then any PPI reclaim money would be paid direct to your OR.
  • dizzykj
    dizzykj Posts: 5 Forumite
    Hi, yes it was but once you've been discharged from bankruptcy any money you receive after that is yours not the ORs?
  • JCS1
    JCS1 Posts: 5,335 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    dizzykj wrote: »
    Hi, yes it was but once you've been discharged from bankruptcy any money you receive after that is yours not the ORs?


    The loan was written off in the BR, therefore any potential PPI reclaim is also an asset in your BR estate.
  • dojoman
    dojoman Posts: 12,027 Forumite
    dizzykj wrote: »
    Hi, yes it was but once you've been discharged from bankruptcy any money you receive after that is yours not the ORs?

    Wrong, if it was from pre BR then it belongs to the OR.
    :pB&SC No. 298
    Life`s Tragedy is that we get OLD too soon
    and WISE too late!
  • dizzykj
    dizzykj Posts: 5 Forumite
    So if the loan was written off whilst in BR and now I'm discharged your saying that Firstplus will use the claim money and not pass it onto me?
  • fermi
    fermi Posts: 40,542 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker Rampant Recycler
    JCS1 wrote: »
    The loan was written off in the BR, therefore any potential PPI reclaim is also an asset in your BR estate.
    dojoman wrote: »
    Wrong, if it was from pre BR then it belongs to the OR.

    ^^^^^^^ I agree.
    Free/impartial debt advice: National Debtline | StepChange Debt Charity | Find your local CAB

    IVA & fee charging DMP companies: Profits from misery, motivated ONLY by greed
  • dizzykj
    dizzykj Posts: 5 Forumite
    what even if you've been discharged?
  • JCS1
    JCS1 Posts: 5,335 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    dizzykj wrote: »
    what even if you've been discharged?

    Even after discharge, sorry.
  • davetheman
    davetheman Posts: 359 Forumite
    Am I correct in thinking that if the loan was not included in the BR as is a secured loan but has a PPI, I will receice the money and not the OR
  • suejgem
    suejgem Posts: 42 Forumite
    davetheman wrote: »
    Am I correct in thinking that if the loan was not included in the BR as is a secured loan but has a PPI, I will receice the money and not the OR


    no anything pre bankruptcy is no longer yours it is an asset and the o/r would want it whateva the value
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