Will the IVA company need bank statements for all bank accounts?

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Post by dave882 » Mon Feb 24, 2020 8:10 am
Hi there, i need some help with a question i have concerning Iva’s and bank accounts. I did have 2 bank accounts with natwest, one which my wages are paid in to and a second one. Im aware that if you want to set up an iva you need to send in 3 months bank statements. On my main bank where my wages are paid there is no gambling transactions, but i transferred money From that account to my second one and gambling was on that account, that bank account has been closed now. My question is when i send my bank statements from my main (only account now) will they ask to see the other closed bank statements and would it affect the iva going ahead ?
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Post by Foggy » Mon Feb 24, 2020 1:05 pm
I doubt it -- but be prepared if they notice the transfers. I had 2 co-op accounts: one where wages went in and bills came out and I used the second for shopping and petrol, transferring a lump in every month --- they never asked to see the second account statements.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
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