what will happen to my bank account during the proccess of being made bankrupt?
Question: i have’nt been made bankrupt yet but i cant afford to pay back my iva its been over four months now and i have not heared anything of what’s going to happen could you please help? Answer: .If you are currently in an IVA you need to discuss this with the supervisor of your IVA. They … • money in my bank Question: Hi. I have a franchise business and even though the debts are against the ltd company, I have personally guarantee’d a lot of this. If i declare my business insolvent and cease trading the creditors are going to chase me for payment. I do have savings but if i withdraw these before a b … • bankruptcy Question: I lost my job in may and have been living off benifits since. i need to go bankrupt because my incomings do not match my outgoings, how do my creditors get paid off and how do i keep a bank account to recieve my benifits and pay direct debits ect? Answer: In bankruptcy your creditors w … • Bank Account after Bankruptcy Question: I am an undischarged bankru