We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
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!
PPI Claim but on a IVA
Options

record-maker
Posts: 10 Forumite
Can anyone advise??
I am currently on a IVA sorted by myself with 15 creditors and without the help of a debt management company. These are over six years old and do not show on my credit file, which is quite good compared to the money I owe.
As I have had loans with these 15 banks, could I claim PPI??
I have repaid large amounts but obviously still owe them money.
I don't want to upset my agreement, if I claim PPI would this put me a worse position than I am currently in?
Don't want to push my luck, but if I can get a few more pounds off the bill then why not??
Last thing I want is to aggravate the Banks.
Any guidance would be appreciated.
I am currently on a IVA sorted by myself with 15 creditors and without the help of a debt management company. These are over six years old and do not show on my credit file, which is quite good compared to the money I owe.
As I have had loans with these 15 banks, could I claim PPI??
I have repaid large amounts but obviously still owe them money.
I don't want to upset my agreement, if I claim PPI would this put me a worse position than I am currently in?
Don't want to push my luck, but if I can get a few more pounds off the bill then why not??
Last thing I want is to aggravate the Banks.
Any guidance would be appreciated.
0
Comments
-
Post on the IVA board:
http://forums.moneysavingexpert.com/forumdisplay.php?f=1590 -
Thank you..
However, I am a home owner and employed.0 -
record-maker wrote: »I am a home owner and employed.0
-
I believe if you check the IVA board there was a recent ruling (Green vs Wright) which said that often the PPI for people in IVAs goes to the creditors now, not the person
See
https://forums.moneysavingexpert.com/discussion/5599493
http://www.hilldickinson.com/insights/articles/green-v-wright?utm_source=vuture&utm_medium=email&utm_camp%20%20aign=bsg%20insolvency:%20green%20v%20wright_01%20m%20%20arch%202017Sam Vimes' Boots Theory of Socioeconomic Unfairness:
People are rich because they spend less money. A poor man buys $10 boots that last a season or two before he's walking in wet shoes and has to buy another pair. A rich man buys $50 boots that are made better and give him 10 years of dry feet. The poor man has spent $100 over those 10 years and still has wet feet.
0
This discussion has been closed.
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 351K Banking & Borrowing
- 253.1K Reduce Debt & Boost Income
- 453.6K Spending & Discounts
- 244K Work, Benefits & Business
- 598.9K Mortgages, Homes & Bills
- 176.9K Life & Family
- 257.3K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards