Melanie Giles, thank you for your response. I do understand that my creditors should get the best deal possible which is why I went for an IVA and not bankruptcy. The fact that the bank is my biggest creditor and will therefore reap the lion's share of the PPI that they missold me and (no doubt cont...

Thank you for your post Foggy - that's very helpful.
Does anybody else have any constructive advice?

My IVA has been running since September 2010, dute to end Sept 2015. My original debt was just over £31,000 and most owed to my biggest creditor, the bank. I was told by my IVA supervisor that I would be contacted by a claims company to recover PPI and that recovering PPI was obligatory under my IV...