Will he be affected?

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Pap

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Post by Pap » Fri Aug 13, 2010 10:43 pm
Hi

Son is (hopefully) off to uni later this year and is about to set up a student bank account. He has just told me that he's got an appointment next week to apply for the account but because it's at a bank we had an overdraft with that was included in our iva I'm worried that they won't let him have the account (it is the best student account on the market)and will tell him why - he doesn't know about our iva and I'd rather keep it that was as I feel enough of a failure without him knowing.
Do you think it's likely they'll turn him down and tell him it's because of us?

Thanks for your help

P x
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kallis3

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Post by kallis3 » Fri Aug 13, 2010 10:51 pm
Hi Pap,

He should have no problems at all as your IVA doesn't affect his credit rating.
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
 
 

Pap

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Post by Pap » Fri Aug 13, 2010 10:52 pm
Thanks for that,I hoped that would be the case but was just worried as it was one of our creditors.
Hope everything's ok with you.
Px
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kallis3

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Post by kallis3 » Fri Aug 13, 2010 10:55 pm
They will only credit check him so he should be able to get the account without any problems. My daughter has had two accounts since we've been in the IVA and she was fine.

I'm fine thanks Pap, hope you are too.
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
 
 

MelanieGiles

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Post by MelanieGiles » Sat Aug 14, 2010 12:22 am
You are definately not a failure Pap. You are wonderful parents who have had really tough times, and you must be very proud of your son going to university. If the bank mess his around for any reason, please let me know and I will speak to them.
Regards, Melanie Giles, Insolvency Practitioner
 
 

Pap

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Post by Pap » Sat Aug 14, 2010 10:29 am
Thanks Melanie,
He's going in next week so I'll let you know how it goes(assuming his results are ok!)
P x
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MelanieGiles

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Post by MelanieGiles » Sat Aug 14, 2010 10:50 am
Keeping everything crossed for you this end! He is a clever boy and I am sure he will sail through - but do let me know how he gets on!
Regards, Melanie Giles, Insolvency Practitioner
 
 

Shining

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Post by Shining » Sat Aug 14, 2010 1:02 pm
Hope he gets the results he wants and does the degree he wants. I'm sure the bank account will be fine too.

My daughter awaits her GCSE results on the 24th, they will depend if she gets her 6th form choice. xx
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.
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