To be honest I have started pursuing myself to save the fees as god knows how long it will take bbecause a lot of what I have heard on here is about delays well I've complained to all the ones I should complain too and I never had it with the others and I am waiting to hear about interest redress with northern rock which will alter the dividends and their claim will reduce
Nothing wrong with you lodging your own claims Tracey - but do expect the IP to probably want you to give them weekly updates of progress, as they will be getting these globally from their preferred claims management company.
A weekly e-mail to the claims team ought to suffice.
Thanks Mel I have already spoken to eic who told me I was probably quicker than them and gt said that so long as I forward the correspondence they were ok . it grate on me that the claims company will take a cut when all of can go back into the pot but since gt look after six out of eight creditoraccounts I don't suppose they mind
What if you received PPI while in an IVA and you sign this letter giving them rights to look into it and they see what PPI you've already claimed for, will that void an IVA?
Some irony in the fact that the IP will expect weekly updates if you pursue your own PPI. You try getting a weekly update from GT when they are doing anything!
Chunky - surely you would have had to have declared unanticipated receipts to your IP as part of your annual review process, so they would have known about them I would imagine already?
If the wording of your proposal says you can keep anything below £500 and you get a PPI reclaim which is paid direct to the IP then are they supposed to pay you back £500 of the reclaim or is it a case of anything less than £500 you keep, anything over £500 you hand it all over..
The £500 deminimis applies to windfalls --- PPI is an asset so this doesn't apply here -- although some IP's are allowing you to keep the first £500 --- but that's a different story.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
