It's all abit of a lottery seemingly with HSBC with some people having their accounts closed and others not. First Direct do seem to be actively searching the Insolvency Register in order to close accounts of those in IVAs.
If you are now not proceeding with an IVA I think it will be likely that you will remain under HSBCs radar for the time being. However, this could come back to haunt you when you re apply for an IVA as you have stated is your intention.
I have founf that the best basic account providers are the Nationwide with their Flex account which has already been mentioned above.
Best Regards
Oliver
Thomas Charles and Co Ltd.
Experts in personal debt solutions.
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