To cut a long story short I am with gt and 3.5yrs in iva. I have managed with overtime to pay over three quarters of the agreed dividend back. I am presently in the position where I need to close the iva asap as I have a child who needs behavioural and development support and more of my time plus we need to move into an area where schools will support his educational needs. something I can't do whilst in an iva. I have starte want to d to persue ppi claims to be proactive but I have creditors where I never took this. now I get this letter from gt asking for a variation I don't want to hold anything up but I have already put in the hard work chasing ppi to be in a position to offer full and final. can I ask for a disclaimer to state I won't be applying for ppi for the one I know I haven't complained about?? for affor a variation!!! I don't
To add to this. I was told by gt and eic that I can do this myself as it would be quicker so long as I forward all correspondence so if ppi is turned down at least I have tried
Hi Tracey -- if you were planning to do a f&f using the proceeds of PPI refunds, this will not be acceptable to the creditors, as they are entitled to the whole amount in any case -- up to the FULL value of the original debt plus fees.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
I am not wanting to do it purely through ppi put I am 3.5 k fRom giving them the agreed dividend plus whatever I get through ppi surely I should be able to put forward a case for them to complete the complete the iva early. along with this my nram together loan is due interest redress and there is not enough equity for the 5k min that they stipulate. Surely I should be able to sign a disclaimer to state that there are no mowhen re claims for ppi. to be honest the iva has put so Mmuch stress on my home life and marriage that I need to bring closure sooner than later
You can always try, Tracey, but the agreed dividend is only an estimation of what you can pay over the term, not a target to hit. During an IVA you will always owe the full amount of the original debt plus fees.
Apparently GT are now accepting disclaimers, according to a couple of other forum members, so it is always worth discussing this with them.
You can contact the customer services manager, Karol, who has helped many posters, by emailing her at ivacustomerservices@uk.gt.com putting "IVA FORUM" in the subject line.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
Best of luck, Tracey. I might add that we had to make drastic changes in employment due to our little lad having sensory problems, which caused difficult behaviour at school, and GT were / are very supportive.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
Thank you my boy has a genetic condition which causes delays on speech behavioural and development I work full time and whatever extra hours I can get but it means that I don't get to spend at home. this is also impacting on my daughters behaviour at home and school. So you can understand why I need to bring this to a close
