Can I choose method of charge refunds?

james32_uk

I've also posted this at consumeractiongroup, but I'm hoping someone here might be able to help. My case is a little unusual so please bear with me.

I'm in an IVA and am in the process of claiming back my charges from credit cards that have been defaulted and passed on to DCAs.

Despite my consistent request for refunds to be paid by cheque MBNA have "credited my account at the DCA" for 'nearly' the full amount. This is useless to me as I am paying a set amount towards my creditors in my IVA and any additional credit to one DCA makes no difference to my repayment. It's also a payment favouring one creditor over all the others which is technically a breach of the terms and conditions of the IVA.

Can they do this? Can I insist in the refund of charges to be paid by the method I choose?

Would appreciate help in this matter.

Thanks

chevalier

not sure as never have heard of this before, but bumped for more informed choice.....

Cumbrian_Male

I would have thought that, as they are removing the so called illegal charges from your account, that it would just reduce you balance owing. However once it has been done you should send copies of letters to your IP to adjust the balance owed (ie MBNA 2000 of 10000 to 1000 of 9000) so that every creditor gets a fair distribution.

No experience here but this seems logical to me. All charges refunded will lower your total debt. Have you discussed this with your IP handling your IVA?