HELP. My brother is in the process of setting up an IVA. He has changed bank account from the Halifax to Santander. Unfortunatly his wages went into the Halifax
who have taken all his wage. Is this legal can they keep his wage and leave him with no cash.
Unfortunately, as he isn't yet in an IVA then they can take the money out of his account to.offset against their debt.
I would suggest he contacts them and explains things to them to see if they will refund the money.
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
I agree with Jan that it sounds like they have used their right to set off. I think there were guidelines around not causing financial hardship when setting off debt but can't quite remember. You could try googling 'right to set off' and 'financial hardship' to see what comes up.
They can but they are obliged to release funds for essential living expenses. He needs to go into Halifax and plead hardship [rent/mortgage payment, food, travel costs for work etc]
