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TD and Plevin

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(@jockdock)
Active Member
Joined: 16 years ago
Posts: 16
Topic starter  

I know there won't be a definitive answer for this but I thought I would add it to the TD/PPI debate.

Does anyone consider that a Plevin decision payout post TD (ending before the decision) would be subject to the same issue of withholding by the Bank or Trustee or is the opinion that a key difference is that PPI was available during the TD whilst a Plevin claim came afterwards?

It made sense in my head, hope everyone else understands!!

jockdock


   
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TDA (Debt Adviser)
(@tda-debt-adviser)
Illustrious Member
Joined: 16 years ago
Posts: 13594
 

So... Plevin is about undisclosed commissions.

I’ve not heard that this is a relevant factor and I can’t think why it would be.

The potential for a claim still existed, albeit with less clarity.

But I’m not a solicitor or insolvency practitioner or a claims specialist, so just an opinion.

Qualified Debt Adviser & Forum Administrator - Ask me anything about Trust Deeds


   
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Kevin Mapstone
(@kevin-mapstone)
Member Admin
Joined: 16 years ago
Posts: 4253
 

I don't know much about Plevin decisions myself, but I don't see why it should be any different between this and PPI in theory.

Scottish Debt Solutions Expert - Ask me for help setting up a Scottish Trust Deed or Debt Arrangement Scheme plan.


   
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