DMP & Mutual Support Thread - Part 9

Puzzcat

Florida15 wrote: »

Thanks, i would like to hear how people have got on if they have done this as i am having a major worry whether or not to try and open another account with bad credit rating now.

Stressed.com xx :eek:

Hi, if your worried you may be better to pm the people who have the Barclays account, they may not come on the thread often enough to give you the reassurance you need. I don't think SC would recommend you open the Barclays basic account unless it was safe. Have you rung SC to get there assurance?

Florida15

Thanks , how do i do that, sorry i am a newbie xx

Puzzcat

Florida15 wrote: »

Thanks , how do i do that, sorry i am a newbie xx

Tap on the name and it should list different options including send a personal message. X

hopeful_at_last

well my offers were made last week and I have just checked my PP account and 4 out of 8 creditors have accepted the plan .....half way and starting to feel more positive
let's hope the last 4 accept

Hopelessly_Hopeful

hopeful_at_last wrote: »

well my offers were made last week and I have just checked my PP account and 4 out of 8 creditors have accepted the plan .....half way and starting to feel more positive
let's hope the last 4 accept

We will keep everything crossed for you


HHx

Pickle29

Originally Posted by Florida15
Thanks, i would like to hear how people have got on if they have done this as i am having a major worry whether or not to try and open another account with bad credit rating now.

Stressed.com xx


Hi
We have debts with Barclays, OD, Barclaycard and MasterCard. Stepchange advised us to open a basic bank account with Barclays and sent us the paperwork which we completed. 2 months in and no problems so far ( I trust stepchange as opening the new account and changing everything over was very time consuming, so don't want to really change again)

Please try not to worry, it's hard, can't say it isn't, but it does get easier xx

Florida15

Spoken to stepchange and they have advised changing if we are worried as because we opened the acoount in branch and not with the specific form they sent us they cannnot say they will not offset us.

Oh well, have to open a new account.

Deciding between co op or yorkshire at the moment.

Cant make mind up.

ianmak

Hey all, hope all are doing well!

Quick question, I'm not sure where else to go at the moment. Still waiting for my F&F IVA to go through, and PayPlan have asked me to complete forms to reclaim PPI, through their affiliated company, naturally. Thing is I'm not sure where it says that the Creditors demand I do this on my chairman's report. I know I'll end up doing this myself, as the company charge £125 +VAT per creditor, and I know for a fact that any PPI I had will be on accounts over 10 years old, and will be for very small accounts.

Again it all comes down to principles. I don't have to pay the fees myself, but it will come out of the amount offered to creditors, which would amount to 30% or so of the amount they are getting!

So, my question is, does anyone know if on an IVA I have to make a PPI claim?

Hopelessly_Hopeful

ianmak wrote: »

Hey all, hope all are doing well!

Quick question, I'm not sure where else to go at the moment. Still waiting for my F&F IVA to go through, and PayPlan have asked me to complete forms to reclaim PPI, through their affiliated company, naturally. Thing is I'm not sure where it says that the Creditors demand I do this on my chairman's report. I know I'll end up doing this myself, as the company charge £125 +VAT per creditor, and I know for a fact that any PPI I had will be on accounts over 10 years old, and will be for very small accounts.

Again it all comes down to principles. I don't have to pay the fees myself, but it will come out of the amount offered to creditors, which would amount to 30% or so of the amount they are getting!

So, my question is, does anyone know if on an IVA I have to make a PPI claim?

Hi Ian


Looks like they to at least try -Your Insolvency Practitioner has an obligation to maximise returns to creditors, which includes investigating any and all assets.

http://www.debtadvicefoundation.org/questions/how-ppi-compensation-dealt-iva

Good luck and let us now how you get on.


HHx

Mr_Mink

Pickle29 wrote: »

Originally Posted by Florida15
Thanks, i would like to hear how people have got on if they have done this as i am having a major worry whether or not to try and open another account with bad credit rating now.

Stressed.com xx

Well, I just renewed my car insurance and opted for pay monthly and there wasn't any hesitation at all. That was with OneQuoteDirect.