please help me###

plshelpme_2

I am on my second year on my IVA as of November, my questions are:
1. I tried to open a basic account in NAT WEST and was decline because they found BANKRUPTCY Information registerd on my name. WHY is it bankruptcy when I am on IVA?:mad:

2. Is it possible to open a bank account while I am on IVA? If I can, which bank account can I open?

please help me:money:

thanks

blind-as-a-bat_2

Because under the facade of glossy ads of loopholes in government legislation, and a little known piece of government legislation.......

An IVA is a form of insolvency, the same as BR, and is recorded by the IS and the Gazette just as BR is.

Try Barclays or the co-op

plshelpme_2

thanks for the reply.
So it means I have bankruptcy against my name until my IVA is done?
So it will be hard to open a bank account?
Is it possible to change this to IVA on my name?:o
sorry for being thick?

trudij

Ive got a Nationwide flexaccount - its a cash account with a card only.

dazzle21

plshelpme wrote: »

thanks for the reply.
So it means I have bankruptcy against my name until my IVA is done?
So it will be hard to open a bank account?
Is it possible to change this to IVA on my name?:o
sorry for being thick?

Hi, an IVA is logged on the insolvency register as bankruptcy is, it will be logged as "IVA" and they put some details down about it. Yes it will be a little harder to open a bank account, as some banks treat it as the same as being Bankrupt (which in a way i guess it is) Nationwide are good, I use them, annoying not having a debit card though! Just make sure you're applying for the basic accounts and ones not linked to your creditors. HTH

plshelpme_2

BIG thanks to the replies. Will try tomorrow to apply.
thanks again

trudij

Good luck !!

bertty

Make sure you open an account not connected with your creditors, there has been so many bank mergers and all info is pooled. Only go for basic account> Ive got a nationwide one.

Ella1976

Go to Lloyds TSB - they do a cash card, no debt card though.