question category: IVA

Can I have a bank account and a debit card if I am in an IVA?
Submitted on: 28th Oct 2008 by Non-Member | Total Answers: 1

Bank Account and IVA - do they go together?

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IVA Bank Account

If you bank with one of the companies named in your IVA as a creditor you should get a new bank account before your IVA commences.

As long as your credit rating permits you should be able to get a debit card. Be careful not to apply for a new account with a bank that is part of the same group your named bank account is held with.

Submitted on: 29th Oct 2008 by TA Member

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