interested in starting and applying for an IVA

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aandypandie

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Post by aandypandie » Fri Apr 04, 2008 5:32 pm
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Hello,
I am very interested in starting and applying for an IVA. I have a small business which I still intend to get going and so I wondered if having an IVA would mean that I had to close my business account? Would I also have to close my personal accounts? Not that I have a lot of money in them... but it would be good to keep an account to grow on whilst adhering to benefits of the IVA.
Thankyou,
Andy
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MelanieGiles

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Post by MelanieGiles » Fri Apr 04, 2008 6:17 pm
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Hi there and welcome to the forum

Do you have debts at present with the bank with whom you hold the business account? If so, then you will need to open a new one. The same goes for the personal accounts as well.

What sort of business are you in, and is a separate business account essential? Also do you need the facility to take payments from customers by credit or debit card?
Regards, Melanie Giles, Insolvency Practitioner
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Soulgrowth

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Post by Soulgrowth » Fri Apr 04, 2008 7:43 pm
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Hi Andy

Welcome to the Forum ... just to say that I am self-employed and an IVA was a very good good thing for me.[:)]

All the best

Debbie
Debbie
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