how do I stop bank seizing my income?

[hunter]

Hello there, I am interested in an IVA but I am not a home owner.
Also my bank is one of my large debts, so how do I stop them from
seizing my bank account and account paid into each and every month???
THANK YOU

[neverending]

Hi
You need to open a basic bank account with another bank[not one of your creditors]before you [and if]you start your IVA.Obviously once your new account is open then divert your wages into this account.Make sure that you do not take any credit facilities with the new account otherwise it will form part of your IVA.
Regards

[Dominic]

Hunter it is very easy to open a basic account with the Abbey you just need ID like a driving licence and a passport.

[iva_squirrel]

Hello,


This is a good web site, comparing different basic accounts.

http://www.moneyfacts.co.uk/banking/bes ... ounts.aspx

Kind regards,


Julia

For more information about IVAs, please visit my website:
www.supersonicsquirrel.net

[Oliver]

These are all accounts which people in IVAs can open.

Abbey : Basic Account

Natwest : Step Account

Barclays : Cashcard Account

Nationwide : Flex Cash Account




Best Regards
Oliver

Thomas Charles Ltd: Experts in all things IVA
www.thomascharles.com

[razamataz_]

Another good Basic cashcard account is with the Clydesdale that is a Scottish bank and it has dual function and online facilities.

[DebtDummy]

Check out the Gregory Pennington Banking Services website too!

Good luck!

All I have left is my humour.