What do banks do once they get an iva request

Get expert opinion. This is the place for new questions to be posted.
171 posts Page 12 of 12
Post Reply

Lahoretiger

Posts: 187
Joined: Tue Jun 16, 2020 11:08 am
Post by Lahoretiger » Mon Aug 03, 2020 7:59 pm
Quote
Old bank acc
Top

kallis3

User avatar
Forum Expert
Posts: 77174
Joined: Mon Mar 17, 2008 4:02 pm
Location: United Kingdom
Post by kallis3 » Tue Aug 04, 2020 7:03 am
Quote
Is there any money in 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.
Bob Marley.
http://kallis3.blogs.iva.co.uk
Top

Lahoretiger

Posts: 187
Joined: Tue Jun 16, 2020 11:08 am
Post by Lahoretiger » Tue Aug 04, 2020 7:23 am
Quote
No zero
Top

Lahoretiger

Posts: 187
Joined: Tue Jun 16, 2020 11:08 am
Post by Lahoretiger » Tue Aug 04, 2020 8:15 am
Quote
Both bank accounts had over draft and where under iva
Top

kallis3

User avatar
Forum Expert
Posts: 77174
Joined: Mon Mar 17, 2008 4:02 pm
Location: United Kingdom
Post by kallis3 » Tue Aug 04, 2020 9:43 am
Quote
Wouldn't worry about it. Ignore these letters it does take time for information to filter through.
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
Top

Foggy

User avatar
Posts: 33396
Joined: Fri Dec 17, 2010 11:14 am
Location: United Kingdom
Post by Foggy » Tue Aug 04, 2020 9:53 am
Quote
Ah -- no worries then -- the OD will be in the IVA and the bank can manage the debt how they wish withing the terms of the agreement.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
Top
Post Reply
171 posts Page 12 of 12
Return to “Ask IVA Forum and Industry experts”