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fivebyfive
- Posts: 21
- Joined: Sat Jul 03, 2010 6:15 pm
- Location:
hi,
hubby doing iva (hopefully- awaiting the creditor meeting) and he has currently got ac's with debit cards with hsbc lloyds halifax and hsbc and lloyds r 2 creditors. he is going to close those 2 but dont owe halifax. before he started the iva prcess he opened an ac with natwest and i belive this to be a normal a/c. he wants to now have his pay going into that a/c.
does he have to now tell natwest that hes doing iva? or will they just close the account?
thanks
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Adam Davies
- Posts: 14596
- Joined: Thu Mar 29, 2007 12:21 pm
- Location:
Hi
If he has no debts with Natwest then the account will be fine and he will not have to inform the bank of his pending IVA.
Regards
Andam Davies
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Shining
- Posts: 27019
- Joined: Thu Sep 20, 2007 8:57 am
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I am with the Natwest in an IVA and have had no problems at all. I think you'll find it's a good account. x
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.
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dw1983
- Posts: 220
- Joined: Thu Jun 03, 2010 7:54 pm
- Location: United Kingdom
Same here im with natwest and no problems
Iva completed
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luluj
Forum Expert
- Posts: 11333
- Joined: Sun Dec 09, 2007 6:54 am
- Location: United Kingdom
equally he may want to keep his Halifax account as well for sidelining the contigency money or whatever savings he can make from his allowances etc - we use two accounts - we set up standing orders to take the car costs (tax, insurance and maintenance) out each month - we then run our cars from that account so at the time of the tax renewal we have the money and don't panic as it isn't there !
Sharing from experiences of dealing with debt
There is a solution for everyone .... Just need to stay positive !
Look at my blog "All I wanted was a baby"
