please help so far ou have put my mind at rest with the questions i have aked i have just one more before i make my mind p about doing this IVA
i am a sole trader and i need a bank account that will allow me to make debit payments
so fr i have been turned down at every turn from a business account point of view my only hope as i see it would be to use a personal account to pay one direct bebit that i must have for my business does any one know of such an account i already have an atm card and standing orders with a new account that will allow me to effectivly manage my personal account very well its just this problem of a direct debit orm my business so i can continue to accept credit card payments in my shop i in turn have to pay them rental for the machine use via debit set up with a bank accouint
please help
Hi
I think that any business account will be hard to come by.
You can use a personal account such as Think Banking. You can pay direct debits and you get online banking. I think that the cost is £12.50 per month.
Regards
With careful separation of your business monies from your personal monies, there should be no reason why you could not operate your business through a private account - unless you have a trading name.
Keeping your records in order and using your personal account is fine (even if you have a trade name for your business). A little messy but not insoluable.
Regards, David Mond, Insolvency Practitioner for over 46 years. Personal Insolvency Practitioner of the year 2012, Personal Insolvency Practitioner of the year finalist 2013 & 2014 awarded by Insolvency & Rescue Magazine and 2015 finalist for Personal Insolvency Firm of the Year.
