Can I still keep my current bank account

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ontour

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Post by ontour » Mon Jan 19, 2009 2:32 pm
Can I still keep my current bank account whilst having an IVA - and would my employees have to find out
 
 

rayb

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Post by rayb » Mon Jan 19, 2009 2:59 pm
Hi,

You can keep your current account if it is not one of your Creditors. If it is best to open a new account with someone else.

Your Employees would not find out if you had an IVA unless they searched the Insolvency website
 
 

MelanieGiles

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Post by MelanieGiles » Mon Jan 19, 2009 3:00 pm
I assume that you are running a business bank account? Is this with a bank to whom you owe money? If so you will need to look at changing this asap, and you might find it difficult to get business banking with a new bank.
Regards, Melanie Giles, Insolvency Practitioner
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