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AD
- Posts: 9
- Joined: Tue Mar 26, 2013 2:59 pm
Post
by
AD » Tue Nov 12, 2013 11:14 pm
Hi,
Recently, a payment was sent to a bank account which is part of my IVA. It was a payment I wasn't expecting and recently found out about, it happened 3 days ago.
The bank account is closed or at least not accessible by myself. The account overdraft is in with the IVA. It was a considerable amount of money that was sent to the account. Does the bank have an legal basis to withhold the money and not send it back to the sender? So could they take what they are owed and send the rest back?
Thanks in advance
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plasticdaft
Forum Expert
- Posts: 9562
- Joined: Wed May 21, 2008 12:45 pm
- Location: United Kingdom
They cannot take the payment to offset a debt included in the iva. Contact the bank and get their advice on how to return the funds.
Paul
Discharged today the 8th feb 2012. View is much brighter now.
Continuing to rebuild our credit worthiness.
