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kallis3

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Post by kallis3 » Fri Apr 18, 2008 6:21 pm
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As part of our journey towards an IVA, we have obviously had to change our bank account to one with whom we had no credit. We went to Nationwide.

What would happen in the event Nationwide was taken over by one of our creditors, would we have to move to another one, or would the fact that we were in an IVA save us from them taking any money from our account?
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
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Viki.W

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Post by Viki.W » Sat Apr 19, 2008 12:01 am
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Hey Kallis3, I'm pretty sure that once you are in an IVA that no-one can just take money out of your account, however, if the bank gets taken over by one of your creditors then they may give you a months notice to close the account. Viki X
If you would like to talk to me about your debt problems, please visit:
http://www.vincentbond.com/about_us_Viki_Warbrooke.asp
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MelanieGiles

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Post by MelanieGiles » Sat Apr 19, 2008 12:00 pm
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That would be very unlikely, Kallis - and Nationwide continue to confirm that they intend to remain independent.
Regards, Melanie Giles, Insolvency Practitioner
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kallis3

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Post by kallis3 » Sat Apr 19, 2008 12:11 pm
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Thank you both for that. It was just a little thing niggling. You know how it is when you are getting closer to that IVA meeting - I keep having all these negative thoughts popping into my head
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
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