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  • FIRST POST
    • AndyBSG
    • By AndyBSG 16th Apr 18, 1:51 PM
    • 963Posts
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    AndyBSG
    PPI Claims & Bankruptcy?
    • #1
    • 16th Apr 18, 1:51 PM
    PPI Claims & Bankruptcy? 16th Apr 18 at 1:51 PM
    Hoping someone can clarify this point for me.

    I know that any PPI claims resulting from debts that were part of a bankruptcy are off limits because any compensation due will go to the Official Receiver.

    However, what about claims against debts/loans that were not included in the BR?

    For example I went BR in 2008. In 2002 I paid off an Egg credit card I had which had PPI on it.

    Can I claim that compensation or does that also belong to the OR as it preceded my BR even though that debt wasn't part of my BR?
Page 1
    • Tarambor
    • By Tarambor 16th Apr 18, 3:41 PM
    • 3,395 Posts
    • 2,480 Thanks
    Tarambor
    • #2
    • 16th Apr 18, 3:41 PM
    • #2
    • 16th Apr 18, 3:41 PM
    All your financial affairs up to the date of the order being made are no longer yours and are the responsibility and property of the OR. Like your house, car and other property of value being sold as part of the bankruptcy to pay your creditors, a PPI claim dated prior to the order would be an asset to be used to repay those you owed money to.
    • AndyBSG
    • By AndyBSG 17th Apr 18, 1:12 PM
    • 963 Posts
    • 1,195 Thanks
    AndyBSG
    • #3
    • 17th Apr 18, 1:12 PM
    • #3
    • 17th Apr 18, 1:12 PM
    All your financial affairs up to the date of the order being made are no longer yours and are the responsibility and property of the OR. Like your house, car and other property of value being sold as part of the bankruptcy to pay your creditors, a PPI claim dated prior to the order would be an asset to be used to repay those you owed money to.
    Originally posted by Tarambor
    Cheers Tarambor.

    Guessed that would be the case but was checking more out of hope than anything else!
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