Claiming mis-sold car finance whilst in a IVA

lordie77

So I have just sent the template for Mia-sold car finance from a few years ago ( fingers crossed ) I get something , but I have 11 months left in my IVA . 

I have had a PPI claim awarded recently to my current vehicle finance and that was paid off and outstanding compensation was paid directly to me .
However this new claim I am making was for a previous car that I was told I was too late to claim , it was for double the amount I originally purchased the car for so something is definitely not right there . Will all of the money ( if I win this ) go to my IVA or just the outstanding IVA amount to term ? 

PPI Is about £8,000 and my IVA is just under £1,000 .
 Thanks 

fatbelly

It will count as a windfall for the IVA and will be dealt with under that clause.

If creditor debts plus fees are less than 8k, the IVA completes and the surplus is returned to you.

The difficulty may be if the sum does not arrive till after the 11 months. I suspect the IP will still try to claim it.