PPI to IVA company

Chlonatben

Hi
I was looking for information/advice regarding PPI that I have been told I have been successful in claiming. The only thing is I was in an IVA over 10 years ago that failed as I lost my job. The bank have conducted further inquiries and found I was in the IVA. They contacted the IVA company, not the original one that I took the IVA out through as they have been bought out again and again, and they have said they have got a claim against my PPI payout..is this correct as I stand to lose all of the claim? I paid into the IVA for 3 1/2 years totaling around £10,000 but don't know if any of that money went to my creditors including the bank that contacted them.

Any advice would be gratefully received. 

[Deleted User]

Yes, it's correct.

As long as you didn't use a claims company, you won't be out of pocket.

brettcta

Deleted_User said:

Yes, it's correct.

As long as you didn't use a claims company, you won't be out of pocket.

This. You might get something if there’s money left after your IVA practitioner’s dished the cash out but I wouldn’t hold your breathe.

if you’ve used a CMC and didn’t tell them you were in an IVA previously then expect a bill for 24% of whatever amount the bank have offered you. This will have to be paid out of your own pocket.

Chlonatben

Thank you for your comments.
I did use a claims company to claims the PPI and I did tell them that I was in an IVA previously and when it failed. I have tried to contact the company to find out the information as to where the IVA money I have paid in is up to but to no avail. I have been online to have a look for the company and it seems they have a bad reputation for customer services and withholding information from customers. My question is how do I find about my failed IVA and the process I have to go through to get information?

Thanks again

[Deleted User]