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Kylewi
Contributor

9 Posts

Posted - 02 December 2018 :  16:19:24  Show Profile  Reply with Quote
I was discharged from my trustdeed in 2017 with this mond hearing outcome mean I can get my ppi that was taken from me and paid into trustdeed? Or just need to leave it.

amorphous
Advanced Contributor

122 Posts

Posted - 02 December 2018 :  17:02:58  Show Profile  Reply with Quote
Hi,

No - the Mond case is about PPI that was discovered after completion of a trust deed.
As your PPI claim came about during your trust deed, it is therefore an asset to be distributed to your creditors.
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TDA (Debt Adviser)
Trust Deed Expert



12692 Posts

Posted - 03 December 2018 :  09:40:10  Show Profile  Reply with Quote
Hi Kylewi.

Excellent advice from amorphous.

PPI collected during a trust deed quite rightly will have helped to repay more to your creditors.

You might consider this pretty unfair given that others may receive a payment after their trustee has been discharged, but that's how it is I'm afraid.

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