- Mon Jun 04, 2018 1:25 pm
The rules on PPI payment after an IVA is completed changed at the beginning of 2017. In March 2017 there was a court case known as Green v Wright. The court ruled that even though an IVA is completed PPI compensation subsequently claimed may still be paid to the IVA company.
The court also ruled that this is not always the case and is based on the terms and conditions of the specific IVA. That said generally speaking such compensation will always be paid to the old IVA company unless they have first supplied confirmation that they have no further interest on any PPI claims. If your IVA company has taken the money then you can be sure that they would not have supplied such confirmation and the money would never have come to you.
As such my advice is do not claim for PPI after an IVA unless you first get a letter from your old IVA company confirming they have no further interest in any such compensation if awarded.
IVA completed - July 2011
As a forum moderator I am here to help other forum members by sharing my experience of solving a debt problem and giving suggestions and advice where I can.