PPI 7 years after being discharged from bankruptcy

chadman2006

Ive heard conflicting reports, but I wanted to get an idea what people on here think or more importantly know.


Would it be possible to claim for PPI 7 years after being discharged from bankruptcy?


I know it was would be impossible during the first 6 years, but don't know what the deal would be after 6 years.


Anyone?

magpiecottage

Any refund in respect of premiums paid before bankruptcy are a prebankruptcy asset and belong to your creditors, not you.

-taff

You cannot complain about any PI sold to you prior to or during your bankruptcy. That privilege rests with the OR.


You can complain about any sold you to after that date.

https://forums.moneysavingexpert.com/discussion/3461629

[Deleted User]

chadman2006 wrote: »

I know it was would be impossible during the first 6 years,

It's impossible forever if you are a bankrupt.

Why would you think you could have a refund of PPI which you failed to pay? Even if you did pay it all the way to term, it's classed as a pre-bankruptcy asset.

Any redress awarded would not go to you, but to your OR for redistribution to your former creditors. That's if the Bank concerned didn't offset themselves.

dunstonh

Would it be possible to claim for PPI 7 years after being discharged from bankruptcy?

Bottom line is no. Whilst you could make a complaint and your complaint may end up successful, the redress payment would go to the official receiver and distributed to the creditors you failed to repay when you went bankrupt. This is explained on the Govt bankruptcy website.