Im getting things sorted for my new DMP, and am thinking of moving banks again (Payroll will defo hate me, as it would be twice in two months and ive only worked there for 2 months! lol!) Anyway, im thinking of moving back to Abbey, however my IVA Supervisor said their maybe a risk of using Abbey in my IVA, as I owed Alliance and Leicester £700 and now that they are linked the right of offset would apply.
I agree with Steve, if you are doing a DMP, then the bank could offset anything in your account against what you owe them. In an IVA, they can't.
Stick with a bank that has no links to any of your creditors.
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
