brass neck
Well-Known Member
I posted here some time ago regarding debt and what to do. Well, I have decided to go down the IVA route and I have looked into it long and hard. I just need a little bit of advice from someone in the know.
My debt is made up of a large personal loan, 2 x £1000 overdrafts. 2 x large credit card balances. All the debt is in my name appart from the two overdrafts which are in a joint account. The bank that debt is with is with HSBC and I have enough credit on the HSBC card to potentially pay off the overdraft so Mrs Neck wont get dragged in with the ruined credit rating. My question is....Would i get away with moving 2k onto the card. How do I go about doing it, is it a case of drawing cash out on it? Can they ask questions about such things when they look into my case. The other card is all but maxed out, I asked for a credit increase but they declined it so it seems the noose is tightening. The debt is just over 30k all in all. Thanks in advance. BN
My debt is made up of a large personal loan, 2 x £1000 overdrafts. 2 x large credit card balances. All the debt is in my name appart from the two overdrafts which are in a joint account. The bank that debt is with is with HSBC and I have enough credit on the HSBC card to potentially pay off the overdraft so Mrs Neck wont get dragged in with the ruined credit rating. My question is....Would i get away with moving 2k onto the card. How do I go about doing it, is it a case of drawing cash out on it? Can they ask questions about such things when they look into my case. The other card is all but maxed out, I asked for a credit increase but they declined it so it seems the noose is tightening. The debt is just over 30k all in all. Thanks in advance. BN