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PPI claims and an IVA
cardomon
Posts: 40 Forumite
My IVA is spent in July so I'm finally free of it.
Today I recieved a letter from my IVA supervisor, it contains the following.
"When you entered into your IVA it was not common knowledge that compensation for PPI could be reclaimed.
It is our duty as supervisor to maximise any recoveries of funds that can be introduced into your IVA and challenge creditor claims where we can. We therefore recommend that you persue these possible compensation claims."
It then goes on to tell me that they have appointed Equity in Finance, "and dont worry there is no charge to you as they are paid only from successful claims"
It also goes on about other loans "that can improve my financial position significantly by releasing equity in my property" (I have no property).
I am loathed to do this through my IVA they have taken me for enough especially with 4 months left to pay. So my question is is this an order ? or baring in mind the word "recommend" is this just fishing for more business.
Thanks
Today I recieved a letter from my IVA supervisor, it contains the following.
"When you entered into your IVA it was not common knowledge that compensation for PPI could be reclaimed.
It is our duty as supervisor to maximise any recoveries of funds that can be introduced into your IVA and challenge creditor claims where we can. We therefore recommend that you persue these possible compensation claims."
It then goes on to tell me that they have appointed Equity in Finance, "and dont worry there is no charge to you as they are paid only from successful claims"
It also goes on about other loans "that can improve my financial position significantly by releasing equity in my property" (I have no property).
I am loathed to do this through my IVA they have taken me for enough especially with 4 months left to pay. So my question is is this an order ? or baring in mind the word "recommend" is this just fishing for more business.
Thanks
0
Comments
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Try posting in the IVA forum you will get more help there:)
http://forums.moneysavingexpert.com/forumdisplay.php?f=159:pB&SC No. 298
Life`s Tragedy is that we get OLD too soon
and WISE too late!0 -
Thanks feel free to delete0
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