Search found 11 matches

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by walesdave
Mon Nov 14, 2016 7:55 pm
Forum: Ask IVA Forum and Industry experts
Topic: Delay in receiving my CC from PayPlan may scuttle any chance of getting a good revenue.
Replies: 41
Views: 7761

Yep - Barclays opened a business bank account for myself while in an IVA.
If you Google 'Business acount while in an IVA'youll find some 'pre-pay'card type business accounts; might not be the best but could be a short term solution?
by walesdave
Wed Nov 09, 2016 11:03 pm
Forum: Ask IVA Forum and Industry experts
Topic: Allay/PPI confused
Replies: 7
Views: 3360

I started my IVA in Oct 2010 and finished it with a F&F Oct 2015 - no equity in the house so no need to add on 12 months payments but we'd had some payment breaks etc. so it should have gone on to Feb / March 2016. I had 5 different PPI claims paid out after recieving my CC and the banks sent the mo...
by walesdave
Tue Oct 18, 2016 12:55 am
Forum: Ask IVA Forum and Industry experts
Topic: Will I be able to set up a business and apply for grants, loans, accounts in an IVA ?
Replies: 4
Views: 2430

Short answer....yes to grants and business accounts but probably not loans. Barclays set up business current and savings accounts for me....with the only proviso being no credit facilities. IVA and starting a business is by no means impossible (there's no HMRC or companies house impact) it just take...
by walesdave
Tue Oct 18, 2016 12:47 am
Forum: Ask IVA Forum and Industry experts
Topic: It's 18/10/16 00:47
Replies: 4
Views: 2524

So that's 47 minutes of being completely IVA free then![:D][:D][:D] 6 years...not gone as quickly as some have felt. Finished payments 13 months ago with a F&F offer, but the last year waiting for the IVA to fall off my credit report has really dragged....and now it's over. Take heart if you're thin...
by walesdave
Fri Sep 30, 2016 9:46 pm
Forum: Ask IVA Forum and Industry experts
Topic: Can I open a private limited company account ?
Replies: 3
Views: 2105

Barclays opened one for me while in an IVA. No credit facilities at all and the local business manager had to 'fight my case' to head office. Apart from taking a day or two longer than normal (waiting for head office decision) it was fairly painless. I think a lot is to do with your planned business...
by walesdave
Sun Aug 07, 2016 1:42 am
Forum: Ask IVA Forum and Industry experts
Topic: I work for the MOD and worried I might lose my job because of my IVA.
Replies: 7
Views: 2916

Not exactly the same situation as you're in but I was working in an (MOD) SC cleared job when I took out my IVA; didn't cause any problems, I told my employer and they didn't care one way or the other. While still in the IVA I went through an FCO SC process with no problem although I did have to hav...
by walesdave
Fri Aug 05, 2016 10:20 am
Forum: Ask IVA Forum and Industry experts
Topic: Personal Injury Claim?
Replies: 17
Views: 3029

Well done! Enjoy the cash...and hope the pain and suffering isn't too bad ;-)
by walesdave
Fri Aug 05, 2016 12:06 am
Forum: Ask IVA Forum and Industry experts
Topic: Personal Injury Claim?
Replies: 17
Views: 3029

Hi Jamie I can't find my IVA paperwork - think I binned it after getting my CC. But after a bit of Googling!!! You need to look for something like this in your IVA agreement (I remember this is very similar to what I had)the bit I put in BOLD is the important bit: "f) “excluded assets” are those ass...
by walesdave
Thu Aug 04, 2016 9:20 pm
Forum: Ask IVA Forum and Industry experts
Topic: Personal Injury Claim?
Replies: 17
Views: 3029

£11800 for a motorbike crash; £11000 pain and suffering, £800 for quantifiable damage (clothing, helmet etc.) I was open with Stepchange and they demanded the lot. Reminded them of the clause that said they followed the same rules as bankruptcy - they got a bit threatening.... I suggested they check...
by walesdave
Sat Jul 16, 2016 11:26 pm
Forum: Ask IVA Forum and Industry experts
Topic: Limited (Ltd) Business banking account post IVA
Replies: 14
Views: 5998

Hi Longslog101 Yep - Barclays were one of my creditors; at least Barclaycard was. I didn't have a personal account with them, I just went in as a new customer and made my case that completing an IVA shows how I'd got myself in order and that as I didn't want any credit (overdraft, loan, business cre...
by walesdave
Fri Jul 15, 2016 6:06 pm
Forum: Ask IVA Forum and Industry experts
Topic: Limited (Ltd) Business banking account post IVA
Replies: 14
Views: 5998

Hi I finished my IVA early in Sept 2015 (with a F&F offer) specifically because I went self-employed as an IT contractor. Barclays let me open a normal business bank account before I'd even received my completion certificate but it did take some work from the local business adviser who had to convin...
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