Bank account

3 posts Page 1 of 1
Post Reply
 
 

jc4

User avatar
Posts: 62
Joined: Wed Apr 04, 2007 11:37 am
Location:
Post by jc4 » Mon Jul 14, 2008 11:24 pm
Quote
Hi, I may be worrying about nothing here, but my husband and I are on IVAs and we both have Cahoot as creditors. As you know, these are owned by Abbey. I've been hearing on the news today about Santander, who own Abbey, taking over Alliance & Leicester. We have our current account with Alliance & Leicester and are worried that this may mean that Cahoot could now take money from our account. Should we change banks?
Top
 
 

Viki.W

User avatar
Posts: 5647
Joined: Fri Feb 15, 2008 7:34 pm
Location: United Kingdom
Post by Viki.W » Mon Jul 14, 2008 11:28 pm
Quote
Hey jc4, I believe once you are in an IVA they can not take money out of your account but I'm not really sure what will happen with this takeover, I'm sure the experts will know and will advise you shortly. X
If you would like to talk to me about your debt problems, please visit:
http://www.vincentbond.com/about_us_Viki_Warbrooke.asp
Top
 
 

MelanieGiles

User avatar
Industry Expert
Posts: 47612
Joined: Tue Jan 09, 2007 10:42 am
Location:
Post by MelanieGiles » Mon Jul 14, 2008 11:28 pm
Quote
This is unlikely to affect existing customers, but you should check with your bank in a few days to set your mind at rest.
Regards, Melanie Giles, Insolvency Practitioner
Top
Post Reply
3 posts Page 1 of 1
Return to “postings for july”