ppi refund notification recieved, what to do next?

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steven greenhalgh

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Post by steven greenhalgh » Sat Aug 25, 2012 9:16 pm
i recieved my first refund today, and it stated that they will be off-setting it against the debt on the account, which is no problem, but do i need to inform payplan to let them know this or will they be told by the creditor that an amount is being paid to a certain account??
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Shining

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Post by Shining » Sat Aug 25, 2012 9:18 pm
Hi, I would probably tell payplan but I would anticipate they would recognise this...best to let them know though
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.
 
 

steven greenhalgh

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Post by steven greenhalgh » Sat Aug 25, 2012 9:34 pm
will be e-mailing my case officer over the weekend to inform them, and will even send a copy of the letter.. i just really wanted to know whether a payment made directly from a creditor to a account from a ppi refund will show up, and show as a payment into my iva?
 
 

Shining

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Post by Shining » Sat Aug 25, 2012 9:44 pm
It should reduce the balance due to that creditor if it's offset I would have thought. One of our experts will clarify.
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.
 
 

steven greenhalgh

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Post by steven greenhalgh » Sat Aug 25, 2012 9:55 pm
thanks for your replies, am just worried that the creditor says they are going to off-set it against the debt on the account, i just want to to know if it gets reconised straight away by all who needs to know, and not forgotton about or not paid in the pot!!
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