www.iva.co.uk

Just had an interesting conversation with gt ppi team. basically asking me to sign authority form to deal with ppi. told them I was dealing with it myself. the told me the following:

If they dealt with it would complete my iva quicker and would get stat interest back . I replied well I haven't signed the variation form so by signing does this change my agreement. she joint answer this also I said that by the time the gt fee and eic fee was taken I could be left with nothing. she did not confirm or deny this. I states why should sign forms when pursuing myself also asked the questions about joint loans so if both parties paid for the loan the surely any redress should be split she couldnt answer this.

Feel completely rail roaded and feel being black mailed into signing authority forms. I asked for a disclaimer to state that wwould not claim when there was no claim to make and would not make a claim after closure

any advice would be greatly received

I'll bump this up Tracey for someone who does know as I can't help you but this whole PPI thing is really causing probblems.

She told me to send all correspondence in with the forms. I don't want to send correspondence for this to be deemed as authority!!! Was basically told that they are going through my entire credit file so see where there is a claim there is a gain for gt . I thought they were supposed to be working for creditor and debtor not them selves

font size="1" face="Verdana, Arial, Helvetica">quote:<hr height="1" noshade>Originally posted by Traceyd0137

She told me to send all correspondence in with the forms. I don't want to send correspondence for this to be deemed as authority!!! Was basically told that they are going through my entire credit file so see where there is a claim there is a gain for gt . I thought they were supposed to be working for creditor and debtor not them selves

I too have had similar conversations today . I don't agree with the variation (purple letter) and won't be signing it. I strongly believe that it gives free reign for redress for anything that GT feel is assets . When asked where the line was drawn their response was that there wasn't one. I playfully said if I had a Picasso on my wall there is nothing to stop you asking me to sell it in the new terms they are asking me to sign. I haven't by the way...... I also said that if my creditors were number 1 priority and I was legally bound in an iva to honour them why is such a large chunk of money taken in fees by EIC and GT.if I did it surely 100% of what was paid would go to the iva and if the creditor was included in the iva I see it as their right to offset any debt owed by me and it down to GT to argue that case on my behalf . The idea of an iva is to pay in a 6 year timeframe what you can afford too deemed by the court to a maximum 100 percent of the debt owed. This whole ppi saga and closing certificates saga and now a seemingly endless extension of a financial noose round your neck needs to get some airtime on watchdog,in the newspapers and to the key stakeholders in all government led positions . It's an absolute farce and one that just makes a mockery of people taking the option to honour the debts they have .

I too have received the same phone call this evening from GT and refused point blank to sign the forms.
I was then told GT would send me a form to sign stating there was no PPI to claim and I would not claim in the future.
I have told GT on numerous occasions I have claimed PPI myself some of which has already been successfully set off creditors debts, and other claims were being processed.
The reply I had was "Oh that's brilliant I will note it on your file"

It is starting to make my blood boil. the basically want to put in a ppi claim for every piece of credit I ever had well I didn't have it on some things so that is where I have already complained. the thing is I had loans that were joint so therefore joint and severably liable. they couldn't answer that if a claim was confirmed whether half would go to my husband nor how much the fees were for eic. I am not signing and if the refuse to complete the iva because of it then shame on them because I am already proving to do everything to get money back to my creditors through overtime claims where there is

I think you will find the fees for EIC are 39% of any claim and GT fees are 15% on top of that so by the time these greedy fees are taken out you have lost more than half of your claim.

I did not think that they were allowed to trawl your credit file? can any one clarify?

They told me that they were looking for what could be deemed as assets before and since entering an iva . I would like to know what would be classed as an asset after iva since I am not allowed credit !!!!