Can you choose which accounts to include within your IVA. I have a bank account which has a zero balance but has an overdraft of £50. This account incurs arranged fees when I use the overdraft. Could I not include this?
All unsecured debts have to go into an IVA. I suggest you close that account and open a new one with another bank and no overdraft.
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
It also depends on the bank - some like HSBC and First Direct are known for closing accounts even if they are not creditors.
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