Hi all currently in the process of my IVA being drafted up and it's worked out i will be paying £300 which equates to 35p to the £ - what is the likelihood of this being accepted would you think? My creditors are Argos Card, Very, Barclays, Nationwide and Natwest.
I have a current account with Natwest so I have a TSB bank account already and in the process of switching all my DD to the new account I just wanted to confirm are TSB IVA friendly and they are not linked with any of my creditor are they?
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
I've moved all my Direct Debits over to the TSB today.
Documents are all signed and dated with Mccambridge Duffy just waiting for my salary to go into my account then as advised to transfer it into my new account as I bank with one of my big creditors and sadly work couldn't swap the bank details in time for this pay.
Just really hope the IVA works for the creditors - so can get myself a goal and work towards it!
I banked with Yorkshire bank up until my Iva then switched to Santander because yorkshire bank were a creditor. I did explain to the lady in Santander branch that i was entering an IVA and she said it was fine and gave me the 123 account. Still have it today, 7yrs later