IVA with Churchwood/Kingsgate Insolvency. Money Gone Missing?

[silentmovieman]

I have obtained credit reports for my wife and none of them show any record whatsoever of her ever being in the iva.

 

Done noddle, clearscore and experian. On the experian report for me it shows both the iva and bankruptcy but makes no public notice mention on my wifes report.

 

Now it was in her maiden name that our joint iva was processed but that shouldn't make any difference should it?

 

I always thought that they had messed up the iva when they did it on a joint basis and this would seem to back that up.

[dx100uk]

If the name is not list as a previous name of course it will make a diff

[silentmovieman]

The thing is her maiden name is listed as a linked name

[silentmovieman]

Posting this here as the site doesnt seem to want to allow me to start a new thread. So some of this information will be old news to some of you.

 

So keeping a long story short I was declared bankrupt in April 2011 and discharged in October 2011. Part of the bankruptcy incorporated my natwest bank account and loans.

 

Moving forward I was contacted by Natwest in 2014 regarding the mis-selling of PPI and eventually they awarded me money as a compensation settlement. As I had been declared bankrupt I contacted both Natwest and the Insolvency Service (Birmingham Office who dealt with my case) and was told that between the two of them they would sort the situation out and I guessed that the money would go towards those companies who had been owed money when I filed for bankruptcy.

 

Jumping forward again I am having problems with my local council which led to me having to contact Natwest and that in turn has led to the revelation that I have an active account with the bank.

 

I therefore went into my local branch today and after some investigation I was told that I do indeed have an account and that there is a little over £4600 in it, they also told me that the account was frozen, most likely due to being inactive since March 2014. They gave me a printout of the balance which shows that the account has been open since at least October 2008 which is obviously over two years before my bankruptcy took place.

 

The best I can figure is that it is my old Natwest account and that the money in it is the compensation that I was given in 2014 for the PPI mis-selling, this ties in as the money was deposited into the account in March 2014. This of course is surprising to me as I was under the impression that the insolvency team would have contacted the bank and taken the money, I did after all let both parties know of the situation when the compensation was paid to me.

 

So anyway the bank have advised me to contact the insolvency people and find out why they have not claimed the money, they have also made a note of the conversation I had with them today in order to back up my claim that I was not aware of this money and had not been keeping it secret from the insolvency people.

 

I have tried to call the insolvency office today but just got through to a voicemail so I didnt leave a message as obviously al of the above is not the easiest to leave a message about.

 

I will of course try calling them again in the morning but thought I would run this by you guys in the meantime for advise as to why this has happened and where do I stand? Now obviously it would be very nice to stumble across over £4000 that I didnt know I had but Im assuming that even now almost 5 years after being declared bankrupt that the money will be going to the insolvency office, im just at a loss as to why they never claimed it in the first place.

[dx100uk]

So the housing benefit lot were right then.. Re your other old thread...

[silentmovieman]

So the housing benefit lot were right then.. Re your other old thread...

 

No because they claim there are five natwest accounts in my wife's name when there are none. Also the numbers they have provided are different to the account number of this situation.

[silentmovieman]

So is ben three years since my last post regarding this matter but this morning we received a letter chasing the money from Ruthbridge who have taken over the debt from Cabot.

 

Am i right in thinking this is basically the same as the previous transfer from Northern Rock to Cabot and I dont actually need to do anything about this?

[dx100uk]

ruthbridge are just another trading name of the cabot group.

 

dx

[silentmovieman]

Oh and they wrote to my wife at our new address where we have lived for the last 18 months

 

Also would this now be statue barred?

[dx100uk]

when was the last payment made?

[silentmovieman]

Trying to go back through this thread to find out but it's taking a while. There was discussion about this issue and what constituted a payment but we haven't paid anything toward it ourselves since at least 2011 when I went bankrupt

[dx100uk]

then yes sb'd

send our sb letter

[silentmovieman]

then yes sb'd

send our sb letter

 

Would the sb letter constitute confirmation of the debt?

[silentmovieman]

then yes sb'd

send our sb letter

 

Would the sb letter constitute confirmation of the debt?

[dx100uk]

Think about it eh?

[silentmovieman]

Can you point me in the direction of the letter? I believe it's in the library but am having trouble finding it

[dx100uk]

debt collection section

[silentmovieman]

Sent the letter and got a reply saying that the issue had been returned to Cabot. Haven't heard anything since so hopefully this issue has been resolved at last.