Page 1 of 1
Posted: Sun Apr 27, 2014 10:57 am
by Penny.03
I have paid my last payment for my Iva back in November now to do with ppi they are holding a variation meeting what happens at this meeting do I need to be concerned
Posted: Sun Apr 27, 2014 11:01 am
by Foggy
Hi Penny. It all depends upon what they are trying to vary! Some firms are simply asking creditors to accept formal completion of "paid up" arrangements while PPI investigations are ongoing. This allows the completion certificate to be issued earlier. Other firms are carrying out what appears to be the same exercise, but burying other variations in the detail, such as increases in fees.
Posted: Sun Apr 27, 2014 1:11 pm
by MelanieGiles
Have you agreed to the terms of the variation Penny - and what is the meeting being called to consider?
Posted: Sun Apr 27, 2014 8:13 pm
by Penny.03
font size="1" face="Verdana, Arial, Helvetica">quote:<hr height="1" noshade>Originally posted by Foggy
Hi Penny. It all depends upon what they are trying to vary! Some firms are simply asking creditors to accept formal completion of "paid up" arrangements while PPI investigations are ongoing. This allows the completion certificate to be issued earlier. Other firms are carrying out what appears to be the same exercise, but burying other variations in the detail, such as increases in fees.
Posted: Sun Apr 27, 2014 8:15 pm
by Penny.03
[the variation meeting is regarding my ppi which hasn't been resolved yet even though I made my last iva payment in November. I think they are trying to get my certificate before the ppi part is resolved
Posted: Sun Apr 27, 2014 11:42 pm
by MelanieGiles
OK - if that is all that is being varied, it seems a sensible way forward and in your best interests.