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Posted: Sat Jan 11, 2014 6:06 pm
by Pauld6687
Can a company send my successful ppi claim direct to my Iva company when there is nothing in my contract that says so ?
Posted: Sat Jan 11, 2014 6:30 pm
by Adam Davies
Hi and welcome
Yes they can as any PPI refund will be classed as a windfall and an asset of your current IVA
Regards
Posted: Mon Jan 13, 2014 1:33 am
by MelanieGiles
No they can't. Your IP has to prove that they are entitled to receive the money, and this is entirely dictated by the terms of your IVA proposal.
However, some IPs do take the view that even if the wording does not cover the specific asset, you should have declared it at the time you entered into the IVA. In these cases most claims are usually addressed via compromise.
Why does your IP feel that they are entitled to receive the money?