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Scottish Trust Deed Forum
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Topic starter
24/09/2013 9:06 pm
I'm pretty sure I know the answer to my question but I thought I'd ask anyway
When there is a PPI refund due, does it all have to be paid into the TD or is there ever a time where someone might get to keep a small proportion of it?
I know it's only right that the creditors get more back than was originally anticipated but I've been awarded quite a substantial amount which is just over 1/3 of total debt and it would be nice to have a little extra money coming up to Christmas [:)]
final payment 1st May 2015
24/09/2013 9:16 pm
Hi, all of my ppi refunds went straight to trust deed. The cheques were posted to me first and were made payable to my trustee so I had no option but to forward them on, sigh, my claims were substantial as well which made it hard.
24/09/2013 9:20 pm
Hi mummy2twins
No the full balance is paid to the trust deed for the benefit of creditors.
Mark
Mark is not posting regularly in the Trust-deed.co.uk forum.
Topic starter
24/09/2013 9:38 pm
It's as I thought then, I certainly wasn't expecting quite a large sum and there could be more as that amount only covers 5 of the 11 forms I signed and returned for Trustee to pursue.
At least I will feel better knowing that once I've paid my contributions my original debt will have been re-paid - not including interest and Trustee fees of course, unless there's any more refunds.
final payment 1st May 2015
25/09/2013 5:53 pm
Mark can i ask, if i have had a ppi sum paid out to me in the past on the same loan which is now a trust deed debt,what happens if my trustee investigates a potential claim only to find out its been paid out allready?
