My ex partner didnt pass mail to me regarding a joint account that i thought was closed, she has an iva, the account went overdrawn by £6 completly without my knowledge. I went to gey a car loan and was declined which came as a shock as i have never had bad credit myself,it turns out the £6 overdrawn has gone to collectors as it went overdrawn 4 months ago but i havent lived with her for over 6 months. I didnt think an account could go overdrawn when one person has an iva. Am i right in thinking ot shouldn't have gone overdrawn in the 1st place?
If the bank have no knowledge of the IVA they will not stop a modest overdraw --- at the end of the day, however, it is the responsibility of the person in the IVA not to overdraw, not the bank's. In any event, as a joint account, any owing is as much your responsibility as her's.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
Visit my blog here : http://foggy.blogs.iva.co.uk/
It shouldn't have - overdraft should have been cancelled. I'm surprised it wasn't closed as you thought it had been. If the overdraft is paid off, can you ask to be taken off the account?
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.