hi helhan will try and answer your questions to the best of my knowledge,
1. if you already have a basic account you maybe allowed to keep it, however the or took my account details, card etc off me when i went to see him so the advice is make sure you have enough money to see you over for a couple of weeks until the bank decides you may keep that account or try and open another basic account after the BR.you are not allowed a cheque book in BR.
2. you can still pay your monthly utilities and what ever you pay by DD in BR as long as the account you have allows you to.
3.my childrens accounts have been taken under the BR as i was the signatory on them so basically they were my accounts empty them before you go BR and possible open up a post office account or get grand parents to do this for them, my eldests wasn't taken as he was sole signatory.
4.the ipa payments in BR are no where near iva payments the OR is far lenient as it is a fresh start and the aim is now to keep you solvent, and live a life, make sure you put everything down on your I +E and they can only say no they allow for holidays if unsure we can help you out, on skippies blogg there is a table of how they work out what they take of your surplus so far i do not have an ipa as i only had £52 surplus a month.
5.do you really still want credit? if you are talking about a mortgage this is still possible going through sub prime lenders and i believe their interest rates are not that much higher.
6.if your car is of that value it will probably go, they use parkers online car valuations so look there and see what they value it at, if you warrant the use of the car they can give you up to £2k back to provide you with a vehicle.they donot tow it away they didn't in my case it just looked like it was going for repair a man came and drove it away, they will give you a buy back option on what they think they will get at auction.
7 if there is no equity they will offer you the BI for £1 plus solicitors fees mine are set at £211
its not as bad as you thing honestly, if you have no equity that is good as you will probably keep your home so may just be the car that goes, ok its not easy watching it be driven away, but you never know, i am allowed so much more on my I +E than i was on my iva, double in fact,
anything else i can help you with please ask they are all the things i have been through so far.
kerri
Please view my blog at:
http://scaredkez.blogs.iva.co.uk/
