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Posted: Mon Sep 22, 2008 9:09 am
by pda93
Once an IVA has been negotiated and agreed, does anybody have day to day access to my new bank account and detailed knowledge of all my transactions?
Not that I'm planning on having anything to hide, but it would frighten me to think that somebody was scrutinising my every transaction.
Posted: Mon Sep 22, 2008 9:10 am
by Skippy
No they don't, although you will have to supply bank statements for your reviews.
Posted: Mon Sep 22, 2008 9:14 am
by rayb
I must be one of the exceptions Skippy. I am 2 years in to my IVA and not once have I had to supply any bank statements
Posted: Mon Sep 22, 2008 9:16 am
by Skippy
Ooops, sounds like I'm wrong - sorry!
Posted: Mon Sep 22, 2008 9:22 am
by rayb
Hi Skippy, I don't think you are wrong it probably depends on the company you use - maybe!!! I have just never been asked [:D]
Posted: Mon Sep 22, 2008 9:57 am
by MelanieGiles
Not every IP looks at bank statements after an IVA has been accepted. I don't because I trust my clients to confirm if they have received any exceptional money during the year, and this seems to work quite well.