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Posted: Tue Nov 08, 2016 3:59 pm
by Stephend0890
Complained early this year against a payday loan company about irresponsible lending from 3-4 years ago, today got offered £6000 compensation, now a month ago i entered into a iva arrangement agreed and now running, this payday company there is no debt so do i have to declare and pay this compensation in? After all this was a long running complaint before my iva

Posted: Tue Nov 08, 2016 5:26 pm
by Foggy
Yes, it is a windfall and payable to your creditors. The timing is of little relevance.