My bank account is blocked

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elsie358

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Post by elsie358 » Wed Aug 04, 2021 9:10 pm
Why my debut card is blocked I have money in my account and I need it so badly. The bank says because I'm on iva processing. How can I get all my money now. And they will put my salary there tomorrow.
It's just today I found out its blocked

kallis3

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Post by kallis3 » Wed Aug 04, 2021 9:38 pm
Is the bank one of your creditors? Have you been told to get a new bank account? If not then you need to do so asap.

Speak to your IP provider and ask them to speak to the bank to see if you can get it freed - sometimes banks treat an IVA like bankruptcy which they shouldn't do.
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

elsie358

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Post by elsie358 » Wed Aug 04, 2021 9:42 pm
Yes they're one of the creditors.
The agent didn't advise me what to do at all. Can I still get my money from that account.

luluj

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Post by luluj » Thu Aug 05, 2021 3:38 am
You will need to work with your bank and your IP to ensure your account is unfrozen. As Kallis says some banks wrongly treat ivas as bankruptcy and freeze accounts. Your IP should be supporting you in getting thus released.

You need to open a new account with a bank not involved in your iva and move your direct debit to that account for future payments.
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"

kallis3

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Post by kallis3 » Thu Aug 05, 2021 6:50 am
As a matter of interest, which company are you using?
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
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