www.iva.co.uk

My husband and I have an IVA with DFD due to finish in March 2015. We received paperwork at the begining of 2014 variation in terms and conditions. we read through the papers and declined. we have now received more paperwork advising us if we do not sign and agree we will probably not conclude when we should due to ppi payments not being received in time. my husband and I have never ever had ppi on loans or credit cards - so now we are totally confused any ideas

I am assuming that this is a deed of assignment relating to PPI only ( do read it carefully).

If so, there is no harm in signing -- if, as you say, there is no PPI, then no harm done. If there is PPI it is theirs anyway.

I swore blind that I didn't have any PPI -- they found over £8,000 !

My husband and I were self employed and dealing with finance and knew that self employed people could not have PPI because they would pay out if we had to make a claim. We checked our statements every month thoroughly so know 100% we had no PPI on credit cards or loans

We had no issues signing ppi forms as we knew we had none. Your supervisor has a legal obligation to ensure creditors receive what they are entitled to. I said we had none but that had to go through the motions. Signing meant that we had completion certificates within a couple of months of making our final payment. That was more important to me than anything. There was no ppi so I saw no issues.

If this is asking you to sign up to the 2014 protocol then you have the choice to sign or not.

We were with DFD and chose not to sign up to the 2014 protocol.

In order to ensure our closure wasn't delayed, Judith Anderton and her team arranged for us to sign a Deed of Assignment that related purely to PPI and then called a variation meeting to get our creditors to agree to close the IVA (after all our payments had been made) and deal with PPI afterwards.

This was successful and we've since had our completion certificate.

So if it's a PPI deed of assignment you're being asked to sign by DFD I would personally say it worked out great for us.

I would sign it and let them go through the motions of ppi even though you know there isn't any ... closure will happen sooner i am sure if signed

Hi marie.pn,
Please drop me an email (address is in my profile), with all your contact details and I will get in touch to discuss your issue further.
Look forward to speaking to you soon.
Regards,
Evette