I too find this shocking. It truly amazes me that people get into an IVA (which I did too) and then, once it's cleared, start racking up the debts again. Did you learn nothing? Manageable debt is still debt and generally means that you are living beyond your means AGAIN. Don't spend what you haven't...

I set up a ltd company bank account just before my IVA finished. I had to provide lots of details proving that I was now in control of my finances (spreadsheets showing income and expenditure etc. and a written statement explaining my previous situation) and had a meeting with the business adviser. ...

Hi All, I successfully completed my IVA in July 2011 with a full and final offer two years early. My credit report is due to be clear in April 2014 but I am possibly looking to get a new mortgage to buy a different house. To add to the complication of obviously still having nasties on my credit repo...

You can get a business bank account. I just have, 3 years into my IVA. Have a word with Barclays and explain your situation. They went through a process with me of initially doing a credit check (which if course failed miserably as I am in an IVA). From there, the business accounts manager will try ...

My wife wouldn't be taking money out of the company without earning it. We both have various things that we can do that could make money over and above my salary and I was looking at the ltd company as a way of being an 'umbrella company' for making money out of a few different skill sets that we ha...

I have just joined this forum but have been looking at at it since a few months before my IVA started in APril 2008. I am currently in an IVA. My wife is not part of the agreement as it was me who incurred the debt without her knowledge. She of course knows about it now though. I have a question for...