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PPI complaint Halifax
muay
Posts: 49 Forumite
Hi,
Ok so i got a letter of Halifax saying they owed me some money for a PPI complaint, nice one.Then on other side of letter it says"my review shows your financial affairs are being managed by an insolvency practitioner or iva supervisor,therefore we have made payment to them. Yes i was bankrupt but that was 10years ago and ive been out of it for about 6 years,so i do not have a insolvency practitioner or iva supervisor. So does anyone know who gets the money.
Thank you
Ok so i got a letter of Halifax saying they owed me some money for a PPI complaint, nice one.Then on other side of letter it says"my review shows your financial affairs are being managed by an insolvency practitioner or iva supervisor,therefore we have made payment to them. Yes i was bankrupt but that was 10years ago and ive been out of it for about 6 years,so i do not have a insolvency practitioner or iva supervisor. So does anyone know who gets the money.
Thank you
0
Comments
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Bankrupts cannot EVER benefit from PPI complaints no matter how long ago the Bankruptcy. The redress has already been sent to the Official Receiver and you have no right to the money unless the PPI was taken out after you went bankrupt (which is very very unlikely, of course).0
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Hi,
Ok so i got a letter of Halifax saying they owed me some money for a PPI complaint, nice one.Then on other side of letter it says"my review shows your financial affairs are being managed by an insolvency practitioner or iva supervisor,therefore we have made payment to them. Yes i was bankrupt but that was 10years ago and ive been out of it for about 6 years,so i do not have a insolvency practitioner or iva supervisor. So does anyone know who gets the money.
Thank you
The OR gets the redress and it is distributed to the creditors you failed to pay when you went bankrupt.
Time has nothing to do with it. It is either pre-bankruptcy or post bankruptcy and any PPI premiums paid prior to bankruptcy that are now refunded go to the OR.I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0 -
I received a letter stating I was owed more PPI from Halifax as they had wrongly calculated my first payment 2 years ago. Are they looking at all claims again or is this just a very lucky one off?0
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Probably better to start a new thread rather than "hi-jack" this one…0
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I received a letter stating I was owed more PPI from Halifax as they had wrongly calculated my first payment 2 years ago. Are they looking at all claims again or is this just a very lucky one off?
Are you bankrupt too?I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0
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