My IVA has just been approved and one of my creditors was my current account overdraft, I can no longer use that account, so can I open another bank account so I can pay in cheques as I am self employed and do you know where I could open one please.
Hi Graham
Didn't your IP tell you to open a new one before the IVA was approved
It May have been easier?
I have opened 2 accounts with Halifax an easycash which you get no overdratft / cheque book etc but you do get a electron card and pay in and set up dd's but because i opened this before the IVA was approved we took a chance and applied for the full account and were accepted
Alot of poepl on here like the COOP cashminder - who seem to be ok with IVA'S -not sure what you get with it though
I'm sure someone will be able to tell you
[:D]
Congratulations on your iva approval.
We opened a basic account with Yorkshire Bank, comes with a savings account and debit card, no credit checks, all she asked was if we were bankrupt (though I got the feeling that wouldn't be a problem either).
We've found them great so far.
I have 2 very basic bank accounts. One with Yorkshire and one with Halifax.
They both have internet banking and a debit card. Have never had a problem with either.
I'm surprised that you weren't told to open a new account, but I do echo the others that the Co-op is a very good 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
Lots of people are happy with the Co-op account and always comes well recommended on this forum. I am with Natwest and have their Solo account which has never been a problem to me.
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.