hi, i am self employed too. and i know exactly what you are going through. you have to open the shop, no matter how down you are feeling and put on a happy smiley face in front of your customers. lets just hope in all ends well. don't lose hope, you've got this far.keeping my fingers crossed for you...

yes i have consulted an i.p and i am waiting for a reply.

yes we will have about 300 pounds disposable income left over, per month after paying the lump sum to creditors. we are self emploted.

the lump sum will be released from the sale of our second home.

we were declined by alliance and leicester about 4 weeks ago, when we tried to open a business account online. we are hoping to offer the f&f settlement through an iva.

hi! can anyone out there help me? i just want to clarify a point. how long does an iva last on the credit file if it were to be paid off as a full and final settlement , compared to a five year plan. does it last for just 12 months?, or does it stay on the file for 5 years and then taken off on the ...

thanks cybus and andy for your feedback. yes i do have overdrafts and credit cards with my current business accounts. myself and my husband have debts with almost all the creditors that offer business accounts, so i doubt they will open a new business account for us. if we were to offer a f&f settle...

hi,
can someone help me please. i am considering entering into an iva, but am extremely worried that if my current business accounts are closed down, how will be able to open a new basic business account after i have statred the iva?