Whos wrong TSB or Me ??

[Tab]

I have an old Lloydstsb current account that is no longer used since setting up my IVA. They were one on my biggest creditors so I followed everyones advise on here and opened a co-op account that I have used since april.
I had a loan with lloydstsb and two current accounts one current account was overdrawn and this is part of the IVA, they closed the loan account and the overdrawn account but it would seem for some reason they did not close the other one, maybee because it wasnt overdrawn!!
So this account is just sat doing nothing but it has a £7 a month charge (select account I think) The £7 charge around the time just after the IVA was set up was refunded in to the account so I assumed they had converted it to a standard type account but it would seem not as I have a letter from them because they have been charging the monthly fee and charged me for unagreed overdraft to the tune of £30 so now the account is nearly £50 overdrawn and they want me to pay it.The account did originally have a £600 overdraft but is was in credit before the IVA changes.
So before I ring them does anyone have any suggestions??? Is it my fault for not requesting the account was closed or converted to standard? Or is it their fault for not closing it when they did the other 2 and took away the overdraft on the account in question and continuing to run up debt in my name even when in an IVA?
Hope this all makes sense to someone and sorry for the novel!!
Thanks to all
Steve

[Sadsack]

Hi Steve and welcome

I amy not be correct on this issue but I think that because you were not overdrawn on this account, Lloyds TSB have left it open for your use, although, being that you entered an IVA, I would have thought they would have withdrawn the privelage of having an overdraft. The fact that they haven't done so is down to them. All your accounts would be automatically linked and they would have seen that your other accounts were closed due to the IVA.

I think it would be best if you contacted them and chatted it through. There is always the other option of threatening them that you will start proceedings to reclaim your bank charges!!!!

I am sure another expert will be along to advise you.

Let us know how you get on

Sue

Ho Hum! Think I'll bang my drum!

Read My Blog
http://sadsack.blogs.iva.co.uk/

[MelanieGiles]

This will be dealt with by your IP when they commence the process of agreeing claims. they will not be allowed to make charges to the account after an IVA has been put in place.

Regards, Melanie Giles, Insolvency Practitioner for over 20 years.

For further details contact me at http://www.melaniegiles.com and view my IVA blog at: http://melaniegiles.blogs.iva.co.uk

[Tab]

Thanks for your help melanie, although I am a little confused by what you mean!
This account was in credit the day my IVA was approved , it is not a part of my IVA so dont know what you mean when you say it will be delt with my my IP? Should I inform my IP about the situation?
Thanks
Steve

[MelanieGiles]

Then it should not be a creditor at all - but your IP will deal with the Lloyds accounts globally so he will take this into account. Do inform your IP of the situation, although I am sure that Lloyds will already have done so.

Regards, Melanie Giles, Insolvency Practitioner for over 20 years.

For further details contact me at http://www.melaniegiles.com and view my IVA blog at: http://melaniegiles.blogs.iva.co.uk

[iva_squirrel]

Hi Tab,

I think you should contact your IP and make sure he is aware of this situation.

Regards,
Michelle P.