4 yrs after joining the IVA I have now received a letter from Lloyds saying my wife owes over £1.4k which was our joint account?? This was part of the IVA so how can they now target my wife for what they describe as a sole account?? I feel these banks very much helped me get into a bad situation over the last 20yrs but don’t seem to want to assist in any way now and with all the added stresses and strains my health and my family have suffered, Is there any way I could take legal advice to highlight this and stop others from doing the same???
With the history you describe and self-confessed inability to deal with money I think legal proceedings would be foolhardand expensive, to no good end. Your situation with banks giving you an umbrella while the sun shines and taking it away when it starts to rain is common to most of us. We have all fallen into the consolidation trap at one time or another and the IVA is usually the line in the sand.
You can't keep abdicating responsibility -- yes the banks didn't help and often made things worse, but, at the end of the day, we signed the applications, not them ! Until you recognise that the answer now lies with you and what you do matters will not be resolved.
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