Will I be able to open a business account while in an IVA

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harpal

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Post by harpal » Wed Oct 31, 2018 2:32 pm
can I open a business bank account

Foggy

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Post by Foggy » Wed Oct 31, 2018 3:49 pm
Not as easily as you might have without the IVA, although some in IVA's have managed it. You will find that all of the automated selection systems will probably reject you (Computer says No!) and it will need the intervention of a branch business advisor. You will still have to operate the account as a basic account ... no credit or overdraft facilities.
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
Visit my blog here : http://foggy.blogs.iva.co.uk/

kallis3

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Post by kallis3 » Wed Oct 31, 2018 6:55 pm
Agree with Foggy,
http://kallis3.blogs.iva.co.uk/
Sharing from experiences of dealing with debt
The greatness of a man is not in how much wealth he acquires, but in his integrity and his ability to affect those around him positively.
Bob Marley.
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