I put in a PPI claim for loans I had with Direct Line, who were apparently taken over by RBS.
Anyway, eventually I received Offers from RBS for the PPI on the loans, There is a declaration tha is apparently to be signed in order to accept the offer, which is worded stangely and vaguely with the following paragraphs.

""If I am, or have been, subject to an Individual Voluntary Arrangement (IVA), Protected Trust Deed, Bancruptcy or Sequestration, any payment will be made to the relevant account I hold with you. Any disbursments due under the terms of the arrangement will then be managed by the groups insolvency team.""

""I understand that the offer will take into consideration any arrears on my account. The remaining balance, if any, will then be paid to me by cheque. I am aware that it is possible for the account to remain in arrears if yhe offer is not sufficient ro clear the full amont owing on my account. ""

I have had a similar problem with EGG Canada sqaure operations who "awarded" me a refund and compensation, and then sent the money to my "insolvency practitioner". They never informed me of who, where, when or how they sent the money. It is now over a year later, and I still do not have that money, I have recently managed to get a letter of no interest from my Trustee, and I am at present trying to get the money sent to me.

Bearing in mind that my trust deed was completed over 10 years ago, Am i likely to have similar problems with RBS, or should I sign this "decleration" and enclose a copy of the letter of no interest.