Bank accounts in an IVA ?

Get expert opinion. This is the place for new questions to be posted.
22 posts Page 2 of 2
 
 

Skippy

User avatar
Posts: 20720
Joined: Sat Oct 21, 2006 6:08 pm
Location: United Kingdom

Post by Skippy » Sun Feb 20, 2011 3:22 pm
Personally I would recommend the Co-op. As Foggy says you can use the Post Office, so you don't need a local branch, and if you have to contact them the customer service is excellent.
 
 

ginger3232

User avatar
Posts: 2610
Joined: Tue Jan 11, 2011 4:06 pm
Location: United Kingdom

Post by ginger3232 » Sun Feb 20, 2011 3:43 pm
Places like Clydesdale Bank/yorkshire Bank (part of Austrian banking Goup) also offer basic current accounts - you can also use the post office for accessing money/deposits etc.

And you can be truthful and say no you have not entered IVA/bankruptcy
 
 

kallis3

User avatar
Forum Expert
Posts: 77175
Joined: Mon Mar 17, 2008 4:02 pm
Location: United Kingdom

Post by kallis3 » Sun Feb 20, 2011 4:06 pm
Good accounts - they are usually very IVA friendly as well.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
http://kallis3.blogs.iva.co.uk
 
 

Lydon

User avatar
Posts: 39
Joined: Thu Oct 07, 2010 2:07 pm
Location: United Kingdom

Post by Lydon » Sun Feb 20, 2011 4:33 pm
Got accepted without any problems with the CO-OP, highly recommended.
 
 

kallis3

User avatar
Forum Expert
Posts: 77175
Joined: Mon Mar 17, 2008 4:02 pm
Location: United Kingdom

Post by kallis3 » Sun Feb 20, 2011 4:40 pm
Good news!
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
http://kallis3.blogs.iva.co.uk
 
 

stewpots

User avatar
Posts: 282
Joined: Wed Sep 15, 2010 3:09 pm
Location:

Post by stewpots » Mon Feb 21, 2011 10:26 pm
moneysaver09 wrote:

I'm worried now, I am in the process of applying for Iva. At the process where have sent in all up to date statements.
Opened new account with HSBC 3 weeks ago and is up and running. Dont think I have creditors linked to them. Will they cloe the account?
Open bank accounts before you go into IVA

I was with First direct (HSBC) 19yrs and they closed mine after going into IVA. no debt ever with them

some people use a bank that maybe a creditor not recomended.
 
 

kallis3

User avatar
Forum Expert
Posts: 77175
Joined: Mon Mar 17, 2008 4:02 pm
Location: United Kingdom

Post by kallis3 » Mon Feb 21, 2011 10:33 pm
HSBC and First Direct are well known for closing accounts even if you have no debt with them. They trawl the Insolvency Register.
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
http://kallis3.blogs.iva.co.uk
22 posts Page 2 of 2
Return to “Ask IVA Forum and Industry experts”