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advice re PPI please
matilda.cs
Posts: 260 Forumite
Hi All,
I have read the advice re BR and PPI and I have a question which doesnt fall into the brackets quite as simply...
My aunt claimed for PPI against Lloyds in 2012 and was made a payment as settlement. She went BR in 2013 and has since been discharged.
She received a letter this week and a cheque the next day with a statement that they had mis-calculated her PPI claim and that she was owed this extra amount.
I know that on one hand, the rules of BR state that a PPI claim belongs to the OR, but in this case, the PPI claim predates the BR and this is just a 'top up' of what she was entitled to in 2012 when she claimed.
She says she could really do with the money right now as she is having car troubles, but she's worried the OR will just take it all...
Any advice?
Thanks, x
I have read the advice re BR and PPI and I have a question which doesnt fall into the brackets quite as simply...
My aunt claimed for PPI against Lloyds in 2012 and was made a payment as settlement. She went BR in 2013 and has since been discharged.
She received a letter this week and a cheque the next day with a statement that they had mis-calculated her PPI claim and that she was owed this extra amount.
I know that on one hand, the rules of BR state that a PPI claim belongs to the OR, but in this case, the PPI claim predates the BR and this is just a 'top up' of what she was entitled to in 2012 when she claimed.
She says she could really do with the money right now as she is having car troubles, but she's worried the OR will just take it all...
Any advice?
Thanks, x
0
Comments
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My gut instinct is that it forms part of the original award which pre-dates the BR and as such, it belongs to the OR.0
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TheGardener wrote: »My gut instinct is that it forms part of the original award which pre-dates the BR and as such, it belongs to the OR.
Indeed correct.....
https://forums.moneysavingexpert.com/discussion/3766585Not quite a newbie as you think
;) (the member formally known as philnicandamy!)
FINALLY a qualified CAB debt caseworker 2015..:p
BSC 58
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Yes, I would say as pre-bankruptcy asset it forms part of your BR estate, so is the OR's.Free/impartial debt advice: National Debtline | StepChange Debt Charity | Find your local CAB
IVA & fee charging DMP companies: Profits from misery, motivated ONLY by greed0
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