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Is It Worth The Hassle?

Cunninm1
Posts: 1 Newbie
Hello folks. I have tried to find a similar thread without suçcess. In short:
1. Loan of £1000 with PPI with Black Horse in 2003. Paid with £0 balance in 2005.
2. Loan of £1500 with PPI with BH in 2006 settled in 2008 with £0 balance.
3. Loan of £3000 with no PPI with BH taken in 2009. In 2010 I entered into a trust deed (IVA) owing the majority of the balance.
If I was successful in claiming PPI on loans 1 and 2, would any amount refunded go towards the balance of loan 3?
Thanks in advance.
1. Loan of £1000 with PPI with Black Horse in 2003. Paid with £0 balance in 2005.
2. Loan of £1500 with PPI with BH in 2006 settled in 2008 with £0 balance.
3. Loan of £3000 with no PPI with BH taken in 2009. In 2010 I entered into a trust deed (IVA) owing the majority of the balance.
If I was successful in claiming PPI on loans 1 and 2, would any amount refunded go towards the balance of loan 3?
Thanks in advance.
0
Comments
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All three, if successful, should go insolvency practitioner and only if this clears all the debts unpaid, would you then see a payment of the excess amount.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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