- Sun Jul 01, 2012 10:38 am #22881
Please can anyone help. We finished our IVA with a full and final offer a year ago and have a completion certificate. We have put in a PPI claim which has been successful. The bank has said they will contact our IP to ask them how this will be dealt with. I have posted this on my usual IVA website to be told that is correct and the money gets distributed to all the creditors by our IP and it doesn't matter that it is finished. We also read that if an IP finds out you are keeping PPI money which is classed as an asset then they can re-open your IVA and even bankrupt you. Is this true. It all seems very odd as two months ago the same people were saying the opposite and now saying a new law has come in that means it has to go to the IP. Can anyone help?