im setting up a new account with halifax,before my iva starts. but i owe money to black horse, they are one of my creditors - which is part of lloyds group, which in turn own halifax as well, does this matter? i.e. could they take funds out of the account?
I think you will be ok, but to be on the safeside I would open an account not associated with your creditors such a the Co-op. They do come highly recommended.
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