Can I access savings

Get expert opinion. This is the place for new questions to be posted.
2 posts Page 1 of 1

terry101

User avatar
Posts: 1
Joined: Tue Jan 12, 2021 2:56 pm

Post by terry101 » Tue Jan 12, 2021 2:56 pm
I have an iva in place, can I access mybsavings in the credit union with this iva in place

Foggy

User avatar
Posts: 33396
Joined: Fri Dec 17, 2010 11:14 am
Location: United Kingdom

Post by Foggy » Tue Jan 12, 2021 3:48 pm
If you have savings in the CU they should have been declared as an asset, if they were there when the IVA was started. If it is money you have been legitimately saving while in the IVA and modest amounts, there should be no issue.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
2 posts Page 1 of 1
Return to “Ask IVA Forum and Industry experts”