PPI Claim and DRO

phantomraspberry

I have just received a letter from HSBC. I have over £3000 coming to my bank account in PPI claim repayment.
Great, but...
I am in a DRO till the moneterium period ends in October. The Letter from HSBC states that they will inform the insolvency service.
Will the insolvency service take all the claim?
(baring in mind my debts with HSBC were all paid off and HSBC are not listed as creditors in my DRO)

Are there any circumstances where i would be able to keep some/all of the claim as it is unrelated to the debts listed in my DRO and i am currently unemployed and a single parent on benefits?

I dont want to appear money-grabbing when i acknowledge that i have unpaid debts in my DRO but I am struggling financially and cant see that that is going to drastically change between now and the end of the monetarium period, just 3 months away...

Considering the debts were acumilated with my ex partner who did not acknowledge any of them when we split as they were in my name.

any advice gratefully appreciated.

i'm preparing myself for the worst *heavy sigh*

fatbelly

You can keep the 3k reclaim but your DRO is likely to be revoked

In circumstances where the debtor receives an asset, for example, backdated benefit, PPI refund, a windfall or any other property valued at more than £300 during the moratorium period, the Official Receiver is automatically exercising her discretion not to revoke for all cases so long as the debtor is open and honest and the value of the asset in question is less than £700.

For all lump sums received between £700 and £1750, each case is assessed on its own merits taking into consideration numerous factors, including but not limited to liabilities, health, personal circumstances, age, etc. and a decision will be made on an individual basis as to whether it would be appropriate to revoke or not.

For lump sum payments in excess of £1750, it is more likely that a DRO may be revoked, although any mitigating factors would be included in our determination.
Should a backdated payment result in a permanent increase in disposable income, bringing the surplus to over £50 per month, then this could lead to revocation

.