Thanks for the advice everyone. So Lets say I have £500 in my Lloyds account, do you advise that I take all this out over the next two days and open a new account elsewhere and leave £0 balance in my Lloyds? I understand then that I will go in the red, how long afterward do you think I should expect...

Hello forum, I have seeked advice on entering into an IVA and definatly think its the way forward for me. I am slightly confused though as to what I do with regards to my lloyds account. I have a £9000 loan with them and I also have various credit cards with different companies. I have cancelled all...