Get expert opinion. This is the place for new questions to be posted.
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bobby1969
- Posts: 32
- Joined: Thu Aug 12, 2010 7:48 pm
- Location:
i have just been told i have to close my bank account even though the overdraft was included in the iva
i would of thought this would of been frozen by natwest as soon as i applied or would my ip deal with this for me
i am about to make my first payment and hope the road ahead is smoother than it has been
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Julie
- Posts: 9503
- Joined: Thu Feb 14, 2008 10:56 pm
- Location: United Kingdom
Hi Bobby,
You should have been advised to open a bank account with a bank that you have no debts with. The co-op are sympathetic to those in IVA's.
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Shining
- Posts: 27019
- Joined: Thu Sep 20, 2007 8:57 am
- Location:
Hi and welcome to the forum, were you not advised to get a new bank account separate from any of your creditors prior to the start of your IVA, that is the usual advice of an IP.
The co-op as Julie says is sympathetic to IVA's and the Yorkshire Bank has good reveiws too. I would give them a ring and ask, I'm sure you'll find an account to have.
Here's hoping it's sorted soon and the remainding term of your IVA goes smoothly for you x
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.
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bobby1969
- Posts: 32
- Joined: Thu Aug 12, 2010 7:48 pm
- Location:
the problem is not a new bank account just my old one is still live and gaining charges
they even asked would i like more money
thanks for the welcome
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dw1983
- Posts: 220
- Joined: Thu Jun 03, 2010 7:54 pm
- Location: United Kingdom
Hi there don't worry about the charges they will be included in the iva as others have said you should have been advised to open a new bank account not connected to any creditors
Iva completed
