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Posted: Wed Nov 29, 2006 6:58 pm
by Dominic
my old bank is one of my creditors, should I close the account or wait for them to do it?
The IVA has been approved the account wsa listed in the creditors details of the proposal, and I have emailed my IP about this.
Posted: Wed Nov 29, 2006 7:41 pm
by kezza
Hiya,
I would anyway, they can see first hand what you have in your account! I would close it and open another even if they didn't make you.
Posted: Wed Nov 29, 2006 7:46 pm
by Dominic
what i mean is do I have to do it as part of the process, or can I just let themm do it and save myself the bother ?
Posted: Wed Nov 29, 2006 8:09 pm
by illihor
It really depends what procedures the bank has in place to deal with an IVA. Some will give you notification to close, some just freeze the account and others hardly do anything.
As your IVA has been approved and it was listed you shouldn't need to do anything about as you shouldn't have to have any contact with your creditors during the IVA period.
Obviously ask your IP but I think he/she will say to leave it or contact the bank for you.
On the way to a brighter future....
Posted: Thu Nov 30, 2006 6:39 pm
by kezza
Hiya,
Set up a new bank account with Natwest today and guess what! they tried to get me to have a loan!!!!!!!!!!!! [:0]