A Director is leaving hence need to to alter company. I bank with abbey plc, and have just set up new sole trader account with them. melaine mentions above "It is extremely difficult to find any bank who will open a business account for someone who is in an IVA to trade through. ". are you saying I ...

If an IVA is agreed, I understand you can no longer operate a bank account and a debit card is this correct. I am presently a Director of my own company and would perhaps move forward on a sole proprietor basis. The sole proprietor business could that have a bank account and debt ca rd. I dont want ...

david, i am seeing parents next week, what sort of information will you need from them?

Thankyou for information so far. I am Director of a company on 50% share, our income for last two years would show excess income above debt mthly payment but we may struggle to have this verified ongoing. i noticed this comment from melanaie on another thread:- You could get an IVA if your Dad is pr...

what do you need to supply to creditors as regards income. my income is tempermental and i work in property real estate which has nose dived. do they take last years accounts as assessment of income

reading with interest various forums. can i ask:- 1) i have little or perhaps negative equity in my home, at current time and mortgage is due for renewal after incentive deal expires in oct 2010. what is situation if i am accepted for iva, will my lender automatically refuse to offer any "incentive ...