I have been in a joint iva with my wife for 3 years,she had a bank account in her name only,i have tried to get my name on the account to make it joint,3 quarters of the money going into the account is my income,and when i am 60 i will get my army pension,they will not put the account in joint names,so i will have nowhere to put my pension,what can i do too get a basic account.
Have you tried anywhere yet Tony? I am with Co-op (cashminder account). They are very IVA friendly. Also try Nat West, Nationwide and Yorkshire Bank - make sure they are not affiliated to any of your creditors though.
Depends on your IVA creditors - but Co-op /Barclays/Natwest all offer basic accounts - another one is Yorkshire Building Society - most of these you can ring and they give you a decision within a few days
There is no limit on how many you can have - so perhaps try a few at a time
Co-op are well recommemded - you have to apply on the phone or in branch though for a cashminder account.
You can also look at Barclays, Natwest or Lloyds - I believe they do basic accounts as well.
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
If you cannot get a bank account I am sure that some of the prepaid credit cards will accept a BACS style monthly payment onto them. No idea of costs etc but its an option if you cannot get an account.
My co op account is great,as it does all the things I want and costs nothing to run!!!
Paul
Discharged today the 8th feb 2012. View is much brighter now.
Continuing to rebuild our credit worthiness.
A paid for account should be a last resort in my opinion - try everything else before doing that.
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
