We're aware that some users are experiencing technical issues which the team are working to resolve. See the Community Noticeboard for more info. Thank you for your patience.
📨 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!

IVA Full & Final Settlement

Options
I made a full and final settlement on my iva in January 13 it was accepted but one of the terms was that it had to be kept open for a maxim of 12 months to claim back any ppi. I should have received a completion letter January 14. I have spoken to my practioner today they told me they had held a creditors meeting on the 11th February and got another 3 months extension to claim back ppi. I was not told before hand of there intentions. Is this acceptable for them to keep applying for extensions when in my original letter of acceptance of the f & f it said can be kept open for a maxim 12 months.

Thanks

Comments

  • dadoandrew
    dadoandrew Posts: 43 Forumite
    Hi with regards bankruptcy and ppi. my wife was made bankrupt 6 years ago and II was entered into a trust deed. I was under the impression that after 6 years we would be done totally with the trustees but I have been informed that they can still apply to claim any money that we may receive from a ppi if we were to claim. I had always thought that after the 6 year wait we would be able to investigate any claims we might have without fear of it being taken from us. I would be grateful for any help here. Perhaps the law up in Scotland is different from England. Also,how do i start a post thread for myself? I've found it quite impossible to create one.
    Anyway thanks all.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 350.9K Banking & Borrowing
  • 253.1K Reduce Debt & Boost Income
  • 453.6K Spending & Discounts
  • 243.9K Work, Benefits & Business
  • 598.8K Mortgages, Homes & Bills
  • 176.9K Life & Family
  • 257.2K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.