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IVA company claiming back my PPI
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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
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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?
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
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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
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