If I claim back my bank charges

[manmountain]

If I claim back my bank charges and win will the payment go over to my IP for payment into my IVA. As this money is mine and as the bank kicked me over the edge I feel this money is rightly mine.

Please advise.

[iva_squirrel]

Good evening manmountain,

Thank you for the post and welcome to the forum. I understand it is frustrating but I am afraid that money would go to your creditors.

Kind regards,




Julia Simavi

Shortlisted with special commendation for Debt Counsellor of the Year by Credit Today Awards 2007

View my profile:
http://www.supersonicsquirrel.net/julia ... rofile.asp

Visit my website:
http://www.supersonicsquirrel.net

Credit Today Awards 2007 http://www.credittoday.co.uk/awards/winners.htm

[MelanieGiles]

This is a windfall and thus captured by the term and conditions of the IVA, but in any case I rather suspect that the bank will simply offset your claim against their outstanding claim against you.

Regards, Melanie Giles, Insolvency Practitioner for over 20 years.

For further details contact me at http://www.melaniegiles.com and view my IVA blog at: http://melaniegiles.blogs.iva.co.uk

[Oliver]

Agree with Mel on this. As the bank are unlikely to be recieving the full amount of money they are owed I think it will be likely that they will deduct any refund from the outstanding balances.

Best Regards
Oliver

Thomas Charles and Co Ltd.
Experts in personal debt solutions.
Read customer feedback at: www.thomascharles.com/about_us.asp