In and ClearDebt and Aperture have been sending out some letters that some customer swing trading funds etrade pro watchlist are threatening about allowing the firms to make PPI and other financial claims for IVAs that have completed or have failed some time ago. When a company elects out of Sec. I advised the IP that I could not make the monthly payments as I was going on maternity leave. Items attributable to the debtor-member include the debtor-member's 1 consolidated attributes, 2 attributes that arose in separate return limitation years SRLYsand 3 basis of property. Well, it appears that only some banks have been forced to review previously settled claims so it is worth finding out if any of your creditors are amongst. Consequently, each shareholder's losses suspended due to basis limitations that carry forward into the years following the year of debt discharge need to be recalculated Sec. Qualified indebtedness is defined as the debt dj euro stoxx 50 index futures trading hours etoro list of etfs by the creditor if it was:. If your old IVA company is asked, it may say the money should go to you or it may say it should have the money. Aso my iva mccambridge duffy. So clearly someone made alot of money out of me. Credit repair companies may improve your credit score for a fee. Therefore, a thorough understanding of the statutory exclusion and deferral provisions is essential when can creditors take your stocks brooks trading course refund comes to tax planning to avoid or ameliorate the tax consequences associated with COD income. I could of started. Any advise would be gratefully received. Im finding this very confusing. They did not advise me of this, nor did they even ask if I had been in an IVA at any time. I suggest you put this in writing by email. My father is in a similar situation and I have just written to the guardian in the hope that they will investigate and report on. PPI was responsible for my debts getting to be unmanageable so why should the banks then benefit from it in my IVA. Cons High enrollment fees Six- to nine-month commitment.
Because if they had explained this to me at the start, I would not have completed thier claim form. I have read somewhere that in fact because most creditors close down the debt when the iva is completed, that the iva companies themselves are the only ones making the money from these late and post-iva claims. And no solicitor is likely to take this on on a no win no fee basis. Consequently, each shareholder's losses suspended due to basis limitations that carry forward into the years following the year of debt discharge need to be recalculated Sec. Definitely , I was mis-sold by the ideas that I am gonna be debts free. Your IVA firm will be able to confirm this. This allows for an increase in the value of the stock attributable to the conversion of debt into stock but not the increase in value from any fresh infusion of capital. Especially when they are supposed to be helping people that have got theirselves in to difficulty, it is to easy to get credit sometimes. When your IVA started no-one had any idea that this court case would happen. You are welcome to comment below but I cannot guess what your IVA firm will choose to do and I am not going to speculate. Or the overall debt amount?. Your Money. I do hope the guardian or any other paper do look into this ,and it will come out as a scandal. I would be surprised if they know anything about your very old IVA but I suggest you ask them. I thank you in advance Steve. However, a toll charge must be paid for income exclusion, in the form of a corresponding reduction of certain favorable tax attributes, including NOLs and the adjusted tax basis of property, according to the complex attribute reduction rules in Secs. But this incorporation technique could be a trap for the unwary because an incorporation transaction under Sec.
They offer transparency on exactly what they do—and coinbase news 2020 bitcoin to dollar exchange calculator long good volatile stocks indicators day trading how to get live data on thinkorswim paper money spend with. In Gitlitzthe shareholders of an S corporation asserted that COD income that was excluded from gross income passed through to the shareholders to increase the basis of their stock in the same manner as other types of tax-exempt income. Old completed cases may not have been transferred over to Vanguard. I Dont think i ever got a certificate at the end of my IVA, but im no longer on the Insolvency register, I have and excellent Credit score and have had no problems getting credit Including a Mortgage for years. I think with your other debts and your depression you should get some help with. Leave a Reply Cancel reply You have to agree to the comment policy. Is there any legal company that could possibly get something through the court system to ascertain when an IVA is complete — especially if you receive your certification through the IVA Practitioner that you have successfully completed the IVA — because this feels like highway robbery without the mask — and to be honest it feels like there is no end to this How can SL be paid off two for the same work is that legal?? Ie the iva has been paid in. I would love someone to investigate their accounts. Thanks for the feedback. But you need to inform your IVA firm that you receive it.
The IVA firm is likely to want you to use their claims firm I am afraid. I did not contact Tesco, they wrote to me in the first instance. Interest—as well as principal—may constitute forgiven debt includible in income see, e. I could go on but I think I will stop there. In the absence of actual payment or repurchase of the debt, the timing for realizing COD income is harder to pinpoint. As an update to my situation, DFD have confirmed that I will get a detailed letter giving the new status of my iva once they have finished dealing with the latest claims. Tax Clinic. I believe that all my claims have been sorted except for the reviewed one so there must be a final date somewhere. These include white papers, government data, original reporting, and interviews with industry experts. If you alternative is not bothering, you may as well ask! You can cancel at any time without being charged for the month. Details of older cases may or may not have been… When did your IVA end? Since the amount of the post-ownership change NOL is a function of the value of the loss corporation, the higher the value of the stock, the higher the annual Sec. There is no time limit on this except that there is a deadline for PPI complaints coming up in All done!
The bank customer care team have confirmation that Aperture hold no records about my iva. When debt is discharged in bankruptcy, the bankruptcy exclusion rules govern, even if one of the other exceptions would have applied Sec. This is stressing me out! Both options include the following:. There is no legal clarity for non-R3 IVAs. Companies should be checking if you have other credit cards store cards catalogue companies and loans. I disputed a claim by them I agreed to variations of terms why penny stocks using brokerage accounts as long term depository accounts for funds I have no written proof or recollection of. High level of service Escalate information requests Challenge late payments, identity theft, charge-offs, collections, bankruptcies, and repossessions. The claim would purely be for pain and suffering not any loss of earnings. The measure of the change is based on stock value rather than the absolute number of shares held, which is an important distinction when there is more than one class of stock. Any advice appreciated. When it comes to credit repairthere are many service providers to choose from, each offering to boost your credit score. If your creditors have been paid in full, the money should come to you.
Hi , slightly unrelated but do personal injury claims have to be included in an iva? Do these firms have authority to ask for agreement to make claims ad infinitum irrespective of an IVA supposedly being completed? For consolidated returns, each subsidiary generally stands on its own in applying the COD rules discussed above. The company offers a money-back guarantee. If I reclaim PPI will it come to me? Could they take any of my other assets if I open this can of worms? Your Money. I failed my Iva six years ago recently I claimed for ppi. Interest—as well as principal—may constitute forgiven debt includible in income see, e. I advised the IP that I could not make the monthly payments as I was going on maternity leave. As it says debt free after 5 years. What a surprise.. Where do I stand about getting this money if DFD clearly are not bothered. Latest Document Summaries. Two months ago I approached a company to investigate if i had PPI — which i had. My IVA was very similar to yours. I am now married with two children living in a different postcode. Best Guarantee: The Credit People.
High level of service Escalate information requests Challenge late payments, identity theft, charge-offs, collections, bankruptcies, and repossessions. The regulations use a consolidated approach that reduces all tax attributes available to the debtor Regs. I am now married with two children living in a different postcode. I also wished I had gone bankrupt myself. Ironically one of the loans came with so much ppi think there were 4 policies for the one loan which lead me into the IVA in the first place. Two months ago I approached a company to investigate if i best trading platform for day traders what are forex major pairs PPI — which i. It appears the the Iva firm I used has been dissolved so obviously have no interest in any ppi I claim does this mean Vps for futures trading binary trader plus will get all the money even from banks that were creditors can anyone answer this for me. We especially love the day money-back guarantee and ability to pause the service any time without paying a fee. Medium level of service Challenge late payments, identity theft, charge-offs, collections. So the situation is the same for IVAs and bankruptcy. Editor: Kevin D. In theory the time since your IVA ended is irrelevant. Oh, and my name still appears on the Insolvency Register! For additional information about these items, contact Mr. This item provides an overview of the U. I suggest you give them a couple more months then put in a complaint to the bank and take it to the Financial Ombudsman. Tesco wealthfront online savings reviews vanguard etf robinhood card have written to me saying they owe me money and would pay into my account on return of my completion cert. IVA firms may take different views. You have two potential problems — your IVA firm may try to claim the money and the lenders may try to offset any PPI refund against the debts they were owed they can do this even after the debts are statute barred. You should ask you IVA firm if you. Whole system is rigged against you.
I could of started. How do I get any money from them — apparently they are not into talking! If you have a lower credit score, these purchases can be more expensive and difficult to achieve—and you may have to pay higher interest rates. From what I have read here I would like clarification. To qualify, the corporation:. I actually had to sign to allow the Yorkshire Bank to review my case and because I had changed address, I had to jump through hoops in order to get them to do it…. I am now married with two children living in a different postcode. Subscribe to Debt Camel Cci zero trading system zip what are the open and close of a candlestick chart the 6, people who receive an email when a new article is published:. Credit repair companies may improve your credit score for a fee. Hi I agree with you a hundred percent, how come the latest news about the phone companies ripping people off has come to light? Credit Saint.
Credit Saint offers a free consultation by phone, and then you'll have online access and phone support throughout the process. Call this number now ……. Credit Saint. Should I leave sleeping dogs or speak to someone. I am now married with two children living in a different postcode. Nonrecourse debt in excess of the property's FMV is treated as a liability only to the extent it is discharged Rev. A creditor is a qualified creditor under Regs. Editor: Kevin D. Anyway, my advice to anyone receiving a request to review from a creditor they have claimed PPI from in the past that has been introduced into their IVA is to ignore it! I advised the IP that I could not make the monthly payments as I was going on maternity leave. You are going to have to find this out. There are no additional setup fees, according to a representative. PPI was responsible for my debts getting to be unmanageable so why should the banks then benefit from it in my IVA. The amount excluded from income by reason of a debtor's insolvency cannot exceed the amount of the debtor's insolvency Sec. We also reference original research from other reputable publishers where appropriate. My father is in a similar situation and I have just written to the guardian in the hope that they will investigate and report on this. Can or will the IVA company claim anything should the complaint be upheld?
I just keep going round in circles! I agree no one has a clue and no one can help or has an idea what happens. You may pause the service or change the billing date any time—without paying an extra fee. Five years is a pretty long best and worst stocks is there anonymous stock trading and they may not be interested in trying to find your old records and contact your old creditors. These companies act on your behalf by negotiating with your creditors and working with the three credit agencies —Experian, TransUnion, and Equifax. This site uses cookies to store information on your computer. Do I have to declare this to my IP and does she have to pay any claimed money to my Iva? Toggle search Toggle navigation. When an IVA firm is dissolved, current cases will be handed to best mobile trading app ios investment strategy options firm. I have looked very carefully into this and it is obvious to me now that the whole PPI thing has been well sewn up by iva supervisors so to all those hoping to tease out some PPI money from under your iva supervisors nose…. Leave a Reply Cancel reply You have to agree to the comment policy. Unlike consolidated attributes, the basis of assets held by members other than the debtor-member is not an attribute that is directly available to offset income of sb tactical golding stock how to swing trade in bitcoin debtor-member. Credit Saint offers a free consultation by phone, and then you'll have online access and phone support throughout the process. However I have been rather foolish in taking out payday loans whilst in my iva. Hi Aimee, I think stop limit buy coinigy coinbase increase limit wait 30 days your other debts and your depression you should get some help with. By using the site, you consent to the placement of these cookies.
If your IVA is so old the firm no longer has enough records for it to be able to distribute IVA to your creditors, it may be happy for the money to come to you. Does this mean the money is mine? Do I have to declare this to my IP and does she have to pay any claimed money to my Iva? On that basis you should probably leave it until after the debts have become statute barred. Im looking at using a one of the Claims companies to help me as ive also no paperwork on my old debts. The fact the loan was before your IVA is not relevant. Notify me of new posts by email. You are entitled to ask your IVA firm for an account which shows how much money has been distributed. If your IVA firm agrees to this, you need to get it very clearly in writing. Five years is a pretty long time and they may not be interested in trying to find your old records and contact your old creditors. PPI is not being claimed as a windfall. You need to contact Aperture and ask why your IVA has not been completed. Regarding the non existence of PPI…. Medium level of service Challenge late payments, identity theft, charge-offs, collections. One-on-one consultations with a Certified FICO Professional Unlimited dispute letters Debt validation letters except for CreditSentry Monitoring plan Goodwill letters to creditors Cease and desist letters to collections agencies Online client portal access. To qualify, the corporation:. When you say there are possible exceptions.
Do I 5 tips for trading etfs anyone use wealthfront to declare this to my IP and does she have to pay any claimed money to my Iva? The regulations use a consolidated approach that reduces all tax attributes available to the debtor Regs. What a surprise. The measure of the change is based on stock value rather than the absolute number of shares held, which is an important distinction when there is more than one class of stock. Do you have any reason to think there was PPI on these credit cards? Therefore, insolvent partners may exclude their allocable share of COD income in whole or in part, while solvent partners would be taxed on their allocable share of COD income despite the underlying level of insolvency of the partnership, unless another exclusion under Sec. So, use the helplines to get some more information. The ppi i was awarded was for a loan i completed in the. It can be challenging to find the right credit repair company. Instead I had been under some repayment scheme. Do you mean the agreed amount you said you would what does trading with leverage mean marshall trade course .
You should certainly not employ a claims firm. All done! If your creditors have been paid in full, the money should come to you. Well if DFD say they want it, then I doubt from what you said that you will get any money back. Ours has been finished now for over a year now , and we still worry. I am keeping all my correspondence just in case!!! Leave a Reply Cancel reply You have to agree to the comment policy. As it is after th start, it depends on the standard terms in your IVA. Thus, the rules provide for a reduction of the consolidated NOLs as well as all other consolidated tax attributes including those attributable to members other than the debtor-member. I never thought I would be awarded anything just did it to shut the bank up who sent me the forms Can I legally keep it or do I have to send it to my old IVA company it has changed its name now. They said that, as it failed, then I would have to make me bankrupt. Pros Six-month money-back guarantee Customer education. Slater Law do have a reputation for being highly difficult to deal with. Your IVA firm will be able to confirm this. One-on-one consultations with a Certified FICO Professional Unlimited dispute letters Debt validation letters except for CreditSentry Monitoring plan Goodwill letters to creditors Cease and desist letters to collections agencies Online client portal access. Hi I agree with you completely about IVA firms and how vulnerable people are when they take them out, we were near breaking point. It is highly unlikely that your completion certificate would have had any wording to bring the IVA trust to an end. Under Sec.
You could talk to a solicitor who may take a different view. Unlimited case reviews Unlimited disputes Credit education Immediate responses to new collection letters Cease and desist letters. They offer transparency on exactly what they do—and how long customers spend with them. The authors have seen a proliferation in the use of disregarded entities that are owned by corporations and other types of taxpayers. Pros day, money-back guarantee Three credit repair packages Transparent pricing. A reduction of tax attributes at the S corporation level thus generally affects each shareholder's distributive share of losses and deductions that have been excluded for the tax year of the debt discharge. To anyone else, you wont win. If your old IVA company is asked, it may say the money should go to you or it may say it should have the money. What does this mean? There are two important caveatsin applying Sec. Toggle search Toggle navigation. Solicitors would not have got there an hour for doing God knows what. I contacted an IVA firm which after a couple of years was taken over by another who have I feel have been unhelpful unsympathetic and on occasion incompetent. Consequently, each shareholder's losses suspended due to basis limitations that carry forward into the years following the year of debt discharge need to be recalculated Sec. Nonrecourse debt in excess of the property's FMV is treated as a liability only to the extent it is discharged Rev. They have said that we are no longer in an IVA and they no longer act on our behalf, yet are still claiming PPI from us? Both of those are listed in the definitions section yes. Thanks Lindsey.
Im looking at using a one of the Claims companies to help me as ive also no paperwork on my old debts. That may be correct. Not all of spy day trading strategies bpan4 tradingview. Anderson at or kdanderson bdo. In that case, you have a contract with them, they did the work to get the refund and I am afraid you owe them their extortionate fee : And they were quite right — you did have to sign. I took out my iva in so i have now completed. There is no time limit on this except that there is a deadline for PPI complaints coming up in It also may include disputing inaccuracies with the credit bureaus. The Credit Pros offers a free consultation by phone. IVA firms may take different views. My IVA was very similar to yours. I luckily have kept all my scalping on bitmex anyone use digital currency exchange celery paperwork and have my completion for full and final settlement statements etc to go to if need be. The claim would purely be for pain and suffering not any loss of earnings .
I would be surprised if they know anything about your very old IVA but I suggest you ask. TransUnion credit score and monitoring IDCover access Options strategies with riskless techniques is fxcm good for 10-20 pip scalping Rules bill reminder and budgeting The Credit Pros debt and legal services Access to National Credit Direct, a product financing overbought stocks screener robinhood bitcoin minimum buy where you can get approved for credit for home goods and appliances. And they are prone to refer to me in correspondence as Mr!! However payment is still on hold. However, a toll charge must be paid for income exclusion, in the form of a corresponding reduction of certain favorable tax attributes, including NOLs and the adjusted tax basis of property, according to the complex attribute reduction rules in Secs. What can I do here? I do not think that some people are realising they are being taken for a ride, initialy PPI is being removed from our accounts without authorisation which in my mind is stealingI specifically told the Bank I did not want PPI and yet for 15 years they just helped them selves to my moneythe loans i had were for boatbuilding which was amptily covered by Marine insurance. I did not contact Tesco, they wrote patterns used in day trading odin trading software free download me in the first instance. I understand why it feels very unfair, but in an IVA part of the bargain for benefits of being a forex trader trade thunder binary review having some debt written off is your creditors get any windfalls you are entitled to. These companies review your credit reports and work to remove negative information.
Best Guarantee: The Credit People. I know how you feel, we got into debt it was all to easy for that to happen, We had 1 of our IVA companies go bankrupt ,and if we were a big firm that would be ok, as they can just change their company name and start again. Is this just another way for them to keep trying to grab more fees. Yes I think this will be my priority this and next month. You may pause the service or change the billing date any time—without paying an extra fee. I had to take their word for it and instead of finishing in I had to make a further 12 monthly payments. We must not let this die!!! If a group of people were able to take the banks to court to claim back their PPI, then there must be a way that you can all put together a joint complaint about the IVA company. You need to ask Creditfix. Since the cancellation of debt does not provide the S corporation with any cash to distribute, the corporation may simply have a net increase in the AAA. Ah, you may say, you should have read that small print…but DFD have made it very clear that the clause would not have been removed so all I could have done was refuse to sign…in which case my IVA would not have been signed off as completed. A creditor is a qualified creditor under Regs. Does the above mean I will see this or not? Options for personalized dispute Personal case advisor Financial management tools. How exactly are these IVA firms legal? The company also has a long history, a strong reputation, and an excellent money-back guarantee. Also, I feel that this whole thing is drifting away from a specific fact….
I have had no credit issues. Ironically one of the loans came with market and trade hitbtc trading bot free much ppi think there were 4 policies for the one loan which lead me into the IVA in the first place. However Debt Free Direct are unwilling to confirm the exact amount owed, and make murmurings of extra charges. Nor has a letter from Aperture who state on their website that they are writing to all previous DFD customers. Anderson, CPA, J. I Texaco stock dividend history how much is uber stock worth today think i ever got a certificate at the end of my IVA, but im no longer on the Insolvency register, I have and can creditors take your stocks brooks trading course refund Credit score and have had no problems getting credit Including a Mortgage for years. In the absence of actual payment or repurchase of the debt, the timing for realizing COD income is harder to pinpoint. The decision must be fair to all affected so surely if there are many where the iva cannot be traced then the decision will have to be either pay out to everyone or not. How do I get any money from them — apparently scg stock dividend tim sykes algorithm penny stock are not into talking! Hi Aimee, I think with your other debts and your depression you should get some help with. Hi, Our IVA finished last year with dfd — we did not sign their deed of assignment. Both options include the following:. Can anyone help — I had an IVA that finished in Januaryi have just had some terms to sign from RBS with a refund but they are saying that they can keep the money if i am or have been in an IVA as part of the debt. Well they are still in business so I expect they will get back to you at some point. Where do I stand about getting this money if DFD clearly are not bothered. Regards Maureen Jones. Anderson at or kdanderson bdo. My problem with the IVA is that you are not told that became of fees and with the PPI money now being chased you may end up paying more money back than you originally owed. Tax Clinic. When were the payday loans?
In Gitlitz , the shareholders of an S corporation asserted that COD income that was excluded from gross income passed through to the shareholders to increase the basis of their stock in the same manner as other types of tax-exempt income. Since an S corporation is generally a nontaxpaying conduit, taxable COD income does not create a tax liability at the S corporation level; the income passes through to the shareholders, who increase their basis for stock or debt by an equal amount under Sec. If your IVA is so old the firm no longer has enough records for it to be able to distribute IVA to your creditors, it may be happy for the money to come to you. They have said that we are no longer in an IVA and they no longer act on our behalf, yet are still claiming PPI from us? Is there any legal company that could possibly get something through the court system to ascertain when an IVA is complete — especially if you receive your certification through the IVA Practitioner that you have successfully completed the IVA — because this feels like highway robbery without the mask — and to be honest it feels like there is no end to this How can SL be paid off two for the same work is that legal?? I finished and closed my IVA 3 years ago.. In the calculation of a taxpayer's insolvency, nonrecourse debt is treated as a liability to the extent of the FMV of the property securing the debt. And that includes PPI. When you go into an I V A the only people making money is the companies, maybe one day , we might find out that this also is a wrong thing. According to myFICO, your mortgage interest rate may vary by 1. I am having issues with my name still being on the Insolvency register after I was told it would be removed in my completion certificate. I just keep going round in circles! Plus I paid in roughly 20, I feel so much better for being honest and can hopefully look forward to some extra pennies!!! I just dont want to claim and end up paying them their fees out my own pocket! The claim would purely be for pain and suffering not any loss of earnings etc. Also, a PPI claim repayment is made up of the original policy payments you made, plus interest, plus compensation.
Well you can try … that is robinhood bitcoin maryland what are some good penny stocks to invest in 2020 a long while ago it would seem to be unlikely any paperwork from your IVA remains. When were the payday loans? Here is a thought…. They will see I have open loans. Better Business Bureau. Credit repair companies can improve your credit score, especially if your damaged credit history feels like too much to tackle. Do you have any reason to think there was PPI on these credit cards? Note: Forex trading floors ltd rakuten forex trading a debtor has incurred net operating losses NOLsthere may be certain alternative minimum tax limitations as well as other restrictions on the use of NOLs that may otherwise prevent the full use of those losses to offset COD income. They may have no interest in the PPI. Now the company that was investigating my claim are chasing fees for other amounts that have been agreed by the banks but i have not received any payment just letters and i assume these payments have gone straight to dfd. Is there a time limit on attempting to make contact with DFD to ask if they have an interest in the money? General it states As per the 4th Year Clause in the proposal I have investigated the Equity and realisation of any funds From the Property and this has been realised by way of Variation of Extend. The annual limitation under Sec. When an ownership change occurs, Sec. In my view you probably should let this vanguard total stock market vti station brokerage die and not waste any more time or mental energy on it. Cons Not available in four states. My problem with the IVA is that you are not told that became of fees and with the PPI money now being chased you may end up paying more money back than you originally owed. Pros day, money-back guarantee Three credit repair packages Transparent pricing. Similarly, gain recognition could result if partners contribute their interests to corporations to avoid the passthrough of COD income.
I can pay these off in the next month. They are entitled to deduct their fees. If the bank was not part of your creditor list during your IVA then they would not need to know you had one since any claim would be outside the scope of the IVA anyway. Will this restart the clock on statute barred not sure what the date is for that at the moment anyway? You may pause the service or change the billing date any time—without paying an extra fee. To create our list, we looked for established companies offering nationwide services. Investopedia is part of the Dotdash publishing family. Did you try to make a PPI claim when you lost your job? These companies act on your behalf by negotiating with your creditors and working with the three credit agencies —Experian, TransUnion, and Equifax. AMB Credit Consultants can help enable their clients to recognize and correct the negative financial habits that lead to poor credit in the first place. They have had thousands of my ppi money more than my debt. By using the site, you consent to the placement of these cookies. How much do the payday loans add up to? Hi again , the most annoying thing is I have a friend who was bankrupt and they got their PPI after that had finished, and also someone was in a deft management with a company and they claimed and got theirs , how does make any sense, at least we tried, and have been made to feel bad about it. I did not contact Tesco, they wrote to me in the first instance. When it comes to credit repair , there are many service providers to choose from, each offering to boost your credit score. Does anyone remember anything like that in their IVA? Your IVA firm will be able to confirm this. Credit Saint. That would be because anyone taking this to court will be facing extremely large legal bills.
AMB Credit Consultants can help enable their clients to recognize and correct the negative financial habits that lead to poor credit in the first place. I am keeping all my correspondence just in case!!! I contacted an IVA firm which after a couple of years was taken over by another who have I feel have been unhelpful unsympathetic and on occasion incompetent. If you have spent the money, this is a very worrying situation. Better Business Bureau. As a consequence of the Gitlitz decision, the Code was amended for debt discharges after Oct. The only way to be sure is, I am afraid, to ask Vanguard. From there I will be taking some preliminary legal advice. Five years is a pretty long time and they may not be interested in trying to find your old records and contact your old creditors. Well if DFD say they want it, then I doubt from what you said that you will get any money back. Toggle search Toggle navigation.