I have received a copy from my iva provider that states they have no interest in my PPI claim from m&s and that it can be paid to me directly. I understand that this means the money is mine and does not have to be paid into my iva is my understanding correct?
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley. http://kallis3.blogs.iva.co.uk
I agree -- the money is yours to keep. Some IP's have no interest in PPI at all (which might yet come back to bite them) and in some cases it is simply uneconomical to revive old records to distribute a refund.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
