We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
IVA company claiming back my PPI
My IVA company have written to me saying they have a duty to reclaim mis-sold PPI on my behalf.
Is this correct?
I don't think I have any mis-sold PPI so they are chasing a lost cause. But if it turned out I did, would I see any of the money or would it all go towards paying my IVA?
Thanks
Is this correct?
I don't think I have any mis-sold PPI so they are chasing a lost cause. But if it turned out I did, would I see any of the money or would it all go towards paying my IVA?
Thanks
0
Comments
-
dontt bother about it .just wait till your i.v.a. has ended then go to town on these bad bankers if you have been cajoled into signing for a p.p.iMy IVA company have written to me saying they have a duty to reclaim mis-sold PPI on my behalf.
Is this correct?
I don't think I have any mis-sold PPI so they are chasing a lost cause. But if it turned out I did, would I see any of the money or would it all go towards paying my IVA?
Thanks0 -
Hi,
I was told this but said my iva had finished and was waiting for my certificate, I have gone for ppi now been upheld and should get a cheque through but a lot of mixed signals on here to weather I will or won't get it as the loan was sold on, so it's just a waiting game.
Aidan0 -
hi i had exactly the same. My iva company said they have a duty to reclaim PPI,i was sure i didnt have any but they said they still have to claim. The other day i got a letter from one of my banks about an account i had with them that had PPI ! I was completely un aware of this. My IVA also said that I do not have the right to keep any of MY money that I was miss-sold that now my IVA class as a windfall and keep the lot ! really annoyed about it as effectively i was conned out of my money in the first place. !!!0
-
I filled out the form at the IP's request and then got a letter a few days later saying it wasn't worth them pursuing it.
I knew I hadn't got any PPI0 -
Suggest you have a look back at some recent posts regarding PPI and IVAs. It has come up on more than one occasion and I doubt anyone has anything extra to add that has already been said.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 353.4K Banking & Borrowing
- 254.1K Reduce Debt & Boost Income
- 455K Spending & Discounts
- 246.5K Work, Benefits & Business
- 602.8K Mortgages, Homes & Bills
- 178K Life & Family
- 260.5K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards