Can Halifax steal my salary because of bad debt

mikeb222

I'm currently in debt to Halifax for £5,700 loan and £2,700 credit card. I am using a debt management frim and I have just informed Halifax of this.

Problem is my bank account is still with them. This is where my salary is paid and all my direct debits.

Are they the sort of people to keep all my salary to pay some of the debt do you think?

If so, how can I open another bank account with bad history?

Also, it's in joint names so can they steal my partners salary as well?

Advise greatly appreciated.

soozig

They can take the money out of your account if you are in arrears on other products- i don't think it is called stealing though!!

You could most likely open a very basic account elsewhere

regularsaver1

Yes they can offset money from accounts in your name to pay another. If you have a joint current account where your partners salary is paid into then they can take money from that account, but not his/her sole account (as long as his/her name is not on the loan or credit cards)

I would also say about getting a basic account elsewhere

fatbelly

Yes - get out fast!

Robert_Sterling

Sound advice in the above posts.

digp

only if it is in the terms and conditions tho

Crown

Hi, Yes they can take the money. I know this because they the Halifax decided that they would remove my overdraft facility what was £5000 and when my salary got paid into the account it just got "swallowed".

After speaking to the CCCS they adviced to open another account unrelated to my debts. Id advice you do the same thing.

MORE-MONEY_2

With tsb I was behind with payments and they said they could take it out of the current account - never happended but the account belongs to them so they will have access to it 24/7.

Phoenix79_2

digp wrote:

only if it is in the terms and conditions tho

I would imagine every bank has it in their t&c's.

I know HSBC do. Its called 'set off' i believe.

As per above comments/ Open another Bank account elsewhere.