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I've signed my proposal fo

Posted: Mon May 24, 2021 6:21 am
by tyran
I've signed my proposal for the creditor's meeting that will be held in 4 days my bank account has been froze and I didn't get the details changed with the benefit people I have money in that account that I need for my children I have 6 children youngest been 2 and I also have a disabled child and I need money what can I do I'm really worried.
I really don't know what to do I have nearly 2k in there that ive been paid for my children we cant live off no money

Re: <t>I've signed my proposal fo</t>

Posted: Mon May 24, 2021 6:27 am
by GaryB1968
Hi, contact the company handling your IVA as they can liaise, with your authority, with your old bank today to request they release the funds that are frozen.

Re: <t>I've signed my proposal fo</t>

Posted: Mon May 24, 2021 6:50 am
by Foggy
The bank should not have frozen your account -- this is the procedure for bankruptcy and does not apply to IVAs, but some banks seem unaware of this ! n As Gary says, your IP should be able to put them straight and get them to release the funds.