PPI Refund accepted as IVA settlement 😀

barge

I just contacted Lloyds bank by phone regarding PPI they said they would look into it. I had no account details of dates etc. they called me a few weeks later asked a few questions, not many could I answer. I then waited a further 6 weeks and received a letter saying I was due a PPI refund of £14k ! I read on to discover this would be paid to my IVA supervisor my heart sunk. I then did some reading up including this site and followed advice to ask my supervisor to offer the PPI refund in full and final settlement of my joint IVA ( husband and me). The supervisor said it was a possibility I had to write a letter detailing my current circumstances and why I would like them to accept the offer of settlement. We were just over 2 years into the IVA which we had fully complied with and the second year had paid slightly more each month following the annual review. A creditors meeting was called and the offer was accepted 😀😀
We have just received our certificates of completion it's such a relief now to rebuild our lives . Thanks for the advice on this site.

tigerfeet2006

Try posting over on the IVA board, they will probably be able to help you with your query.

http://forums.moneysavingexpert.com/forumdisplay.php?f=159

antrobus

tigerfeet2006 wrote: »

Try posting over on the IVA board, they will probably be able to help you with your query.

http://forums.moneysavingexpert.com/forumdisplay.php?f=159

There is no query.

The OP is simply thanking people for the advice given to offer their PPI refund as a full and final settlement of their joint IVA, thus enabling them to get on with their life.

tigerfeet2006

Sorry my bad for reading IVA in the title and not the text.

Still would be nice for this to be posted on the IVA board as well.

cherylsteve11

Not sure if this is the right place to post this (new to the board) but we finished our iva and got the completed paper work. Can we now claim back any ppi. thanks

owlet

cherylsteve11 wrote: »

Not sure if this is the right place to post this (new to the board) but we finished our iva and got the completed paper work. Can we now claim back any ppi. thanks

You would be better starting a new thread asking your question, you will probably get more replies :-)