What do banks do once they get an iva request

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Lahoretiger

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Post by Lahoretiger » Mon Aug 03, 2020 7:59 pm
Old bank acc

kallis3

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Post by kallis3 » Tue Aug 04, 2020 7:03 am
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

Lahoretiger

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Post by Lahoretiger » Tue Aug 04, 2020 7:23 am
No zero

Lahoretiger

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Post by Lahoretiger » Tue Aug 04, 2020 8:15 am
Both bank accounts had over draft and where under iva

kallis3

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Post by kallis3 » Tue Aug 04, 2020 9:43 am
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

Foggy

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Post by Foggy » Tue Aug 04, 2020 9:53 am
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
http://foggy.blogs.iva.co.uk
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