So I completed my IVA with GT/Apperture in June 2013. Like others I have been constantly pursued for PPI claims. SLH have been in touch to say that they have written to my old mortgage company to see if I was owed any PPI.
What I can't understand is why at this stage they have pursued my mortgage company? I know mortgage companies are informed of the IVA but they weren't included in my original list of creditors as it is a secured debt. When I spoke to SLH they said that I need to take it up with GT/Apperture as they were going on what information they were given. I have today emailed the my ask them why they are pursuing my mortgage company.
Can anyone advise me of whether any of their mortgage companies have been pursued for PPI?
It doesn't appear to matter that it was a secured loan and even though it wasn't included in the IVA, PPI claims have to be paid across. Most companies are now trawling back through old IVA's but it will be interesting to see what Aperture reply.
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
Thanks for the reply! Yes it does seem that way and I'm interested to see what Apperture say. I'm just so done with this - My IVA completed 3 years and they are still pursuing PPI! I just want to forget about this all and simply won't let us to do that.
Also where does this all end? Will they carry on trawling through our financial records to see what new financial agreements or loans we have to see what PPI they can claim?
I know this sounds like a rant but it's just so frustrating!
They will pursue any source of PPI -- it matters not whether it was included in the IVA, it is still an asset and they are running out of time to claim, so I imagine we will all get a flurry of panic requests in the next year or so!
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
"Will they carry on trawling through our financial records to see what new financial agreements or loans we have to see what PPI they can claim? "
PPI, if any, from a NEW loan or agreement cannot be claimed, as this would not have existed during the IVA, and, with the furore of past PPI arrangements, I doubt it is still being mis-sold and claimable.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
Thanks Foggy that's good to know at least! That if it wasn't included in the IVA then it can't be pursued. But neither was my mortgage in my list of creditors so I am not sure why that is being pursued!
If it's PPI then they will go to all sources of credit regardless of whether it was in the list of creditors or not.
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
Sorry to labour the point you make above Foggy, post IVA completion, any new loans or mortgages or credit cards can't be pursued by the claims/IVA companies as they weren't included? Is this still the case If you have given them the permission to pursue PPI as a part of the completion process? Some of us were pretty much corralled in to signing these letters of approval so that they could issue us with completion certificates. So what I'm asking is that those letters of approval should only be related to creditors and assets covered by the IVA period?
It can only be covered by the IVA period or before you went into the IVA.
Anything after you went into an IVA cannot be touched - that is a new arrangement.
Additionally I would say that if during the IVA PPI was still being paid on the mortgage and the IP knew about it then it was considered necessary expenditure.
IVA started March 2011, Completed March 2016 and certificate issued 11 days after final payment. It was not always easy but then some of the best decisions aren't.
However, how many people would have had PPI after the IVA was taken out?
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
Thanks lifenoteasy, I see what you mean Kallis, during the duration of our IVA none of us would have had any PPI, so it would only really cover arrangements that were pre IVA. I've just genuinely been upset with this relentless pursuit of PPI, and thought is this just going to carry on for the rest of my life! Thanks for all your advice and info guys.
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
font size="1" face="Verdana, Arial, Helvetica">quote:<hr height="1" noshade>Originally posted by Helping Hand
Thanks Foggy that's good to know at least! That if it wasn't included in the IVA then it can't be pursued. But neither was my mortgage in my list of creditors so I am not sure why that is being pursued!
Sorry Helping Hand .. loans with PPI that existed in or before the IVA, even if not mentioned in the IVA, are subject to the IVA. Anything taken out AFTER the IVA will not be looked at.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
