PPI

[alb0679]

A rather long question but please bear with me. My wife and I ran up substantial debt a number of years ago. We entered an IVA and were progressing through the agreement. At the time I was working away and then managed to get a job closer to home, although with lower pay. We ended up defaulting on the IVA which subsequently finished before all creditors were paid. I was then contacted directly by all the creditors from the previous IVA agreement and I discussed with them a payment schedule directly. Again, we were sticking to the agreements with all creditors (via their collection agents) but then I managed to get a different job with a hugely increased salary, with an annual bonus added. On the occasion of my first bonus I contacted all the agents with whom I had an agreement and arranged a final settlement figure. I paid these lump sum settlement figures and was then technically free of all debt. However, as I initially entered an IVA, the IVA company were paying only a percentage of what I was giving them to my creditors. I have then contacted creditors through their collection agents and paid a reduced settlement fee. I know that at least 2 of the creditors on the IVA were charging me PPI on the initial agreement, but my question is do I have a case to reclaim the PPI even though I defaulted and only repaid a percentage of the debt?
Thanks all.

[johnny37]

Go for it. Were you aware? No harm in trying.

[ubasses]

It all comes down to whether you were mis sold PPI. If you knew you had PPI on the loan and had agreed to it and it would have paid out should the need have arisen No. But if it was hidden in the paperwork, never explained properly, or would not have paid out under the terms then Yes.

[boxtops]

No harm in trying, alb - they can only say no.

[Myriad2112]

When my business went bust 6 years ago I entered an agreement to repay y personal loans. I have since been contacted by a number of PPI agents and they all tell me that I can still claim it back even though I haven't made anywhere near all the repayments. I would also be interested to lnow if this is true as I haven't taken them up on it yet.
Sorry ALB0679 more of a question within a question than an answer.

[alb0679]

Many thanks all, I'll give it a shot and post any developments on this thread.