when will the charges stop ?

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flumpy dog

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Post by flumpy dog » Fri Jan 30, 2009 12:35 am
not expecting a reply tonight as is late.
still recieving statements from old bank.
it states we will be charging you XX.XX on 16th february for being overdrawn. obviously this account is now redundant to me.
how long into an iva can creditors continue adding charges as in this one ?
thanx all in advance as usual x
 
 

Adam Davies

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Post by Adam Davies » Fri Jan 30, 2009 1:52 am
Hi
Once the IVA is agreed all charges must stop.
Once your bank realises that it is under the terms of an IVA they will adjust the balance.
You have nothing to worry about.
Regards
Andam Davies
 
 

Fox84

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Post by Fox84 » Fri Jan 30, 2009 7:51 am
My bank also continued to add charges to my account for a month or so aafter my IVA started until the information filtered through, I recently checked online & the accounts have now been removed.
 
 

flumpy dog

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Post by flumpy dog » Fri Jan 30, 2009 8:49 am
thanx andy and fox [:)]
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