Is RBS able to access my business account?

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Brendan.ll

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Post by Brendan.ll » Tue Aug 10, 2010 1:57 pm
I've just had an IVA set up with my wife. I also run my own business as a limited company which is in credit. This account is with RBS who are also one of my creditors.

Are they able to access the credit amount that my business has? This would be disastrous for me.
 
 

Michael Peoples

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Post by Michael Peoples » Tue Aug 10, 2010 3:14 pm
Hi Brendan and welcome to the Forum.
RBS cannot set off company money against your personal IVA. Any problems and inform your IP.
Michael Peoples | McCambridge Duffy Insolvency Practitioners
http://www.mccambridgeduffy.com
If you would like to talk to me about proposing an IVA or have any questions at all please visit www.mccambridgeduffy.com
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