We failed our IVA in December - we simply couldnt afford it anymore. The file was put in 'pending failure' until they have investigated any PPI claims. They sent us a form to sign and said that we would get the first £500 received. I am now wondering, do we have to go through with this? Seems as though we are failing the IVA anyway, can we claim our own PPI back????
"Everyone is a genius, but if you judge a fish by its ability to climb trees it'll go its whole life thinking it's stupid" Einstein x
So you think we should just go ahead and let our IP sort the claim out? From what I understand if we tried to claim ourselves from a company that we owed money too, they could automatically keep this money anyway??
"Everyone is a genius, but if you judge a fish by its ability to climb trees it'll go its whole life thinking it's stupid" Einstein x
Hi. Already being insolvent, any PPI claim will be expected to be paid to creditors one way or another. If you go BR the OR will want to see this money too.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
It is likely that the PPI claim is entrusted to the IVA, in which case the IP is acting quite correctly - although I see no need to keep the case open necessarily.
