Claiming in a DMP/IVA (merged)

MrsGooner145

Hi,

Can anyone please answer this question?

I have recently commited to an IVA, which will hopefully enable me to get my finances back in order. My friends and family have been looking into reclaiming excesive bank charges and I wondered if I ws eligible. When the IVA was set in place, my bank account (Natwest) was automatically closed. Will this effect my rights to make a claim??

I would appreciate any comments.

Many Thanks


Mrs Gooner

Twinkly

MrsGooner145 wrote: »

Hi,

Can anyone please answer this question?

I have recently commited to an IVA, which will hopefully enable me to get my finances back in order. My friends and family have been looking into reclaiming excesive bank charges and I wondered if I ws eligible. When the IVA was set in place, my bank account (Natwest) was automatically closed. Will this effect my rights to make a claim??

I would appreciate any comments.

Many Thanks


Mrs Gooner

Yes you are eligible to reclaim the charges and the closure of the account does not affect this. Send off your Subject Access Request for your details enclosing the £10 fee if payable as usual and follow the process as usual.

You may find help and support in your situation in this thread which deals with claiming whilst under a DMP/IVA:
http://forums.moneysavingexpert.com/showthread.html?t=423917

Good luck

MrsGooner145

Thanks very much for you help.

Mrs Gooner
x

stewinapot

Okay just need some advice

I have a FD account that is a non serviceable account due to me being on a Debt Managment Plan.

I sent of my request for charges ect to be refunded

and recieved a very promted reply today saying the following :T

FD wont consider interest and are offering me £2030 back on a full request of £3200

But heres were i need some advice

They will only pay it into my FD account , is this correct as i really wanted the cash

If anyone can help me that would be great

missie_t

Help please..

Does anyone know if I am eligible to claim bank charges if I am currently under a Debt Management Programme. I banked with HSBC, had a loan, Credit Card and Overdrafts with them which must have cost me hundreds of pounds over the years. Over the past 2 years I have been making payments to them through a Debt Management Company. Would this go against me if I was to put in a claim.

Many Thanks

Gordon_Aien

Hi
I am new to this excellent forum , I would like to know if anyone can help me with this question: Is it still possible to attempt to reclaim bank charges even if you rhave already entered into an Individual Voluntary Arrangement
with the same bank
thank you

gazmoore

a few years ago i was having financial problems and to cut along story short i was put on a government payplan,i was advised to close my old bank account,which i did.a few days after closing my account the bank said i was £20 over drawn which i refuted.soon after i moved house and area and never thought anymore about this.now comes the main question im going to try claim back all the charges from my old bank.but im scared to because of what happened then (14 month ago)any advise would be greatly appreciated.

rydebry

hi i am claiming £3400 from lloys tsb.just wondering if anyone could tell me if i can ask them for a cheque as i have a overdraft but it is included in a debt managment programme i have.so i am paying my overdraft of monthly with no int charges.just wondering if they payed the money into my acct would they take my overdraft of me.dont think they are allowed as i was told the debt management programme is a legel agreementso surely they have to keep to it aswell as me.any advice greatly recieved.thank you rydebry newbie.:beer:

Edinburghlass_2

Edinburghlass wrote: »

As the above posts you can claim while in an IVA/DMP but it is likely any monies reclaimed will be put towards any debt or closed accounts but this will of course reduce the debt you owe.

............

meoldmucker

Hi - I took LoydsTSB to court as they awed me £1400 in bank charges, there response was that the claim was embarrasing as I am on an IVA with a default to them of 2000.00. My IP had to be informed and I was advised that the IVA may collapse if I proceded with the claim. So I am pulling out at an expense of £120.00