Life after DRO

Flowers

Hello

I was discharged 10 Sept 2010.

I would like to set a small not for profit business, but I have already been turned down by lloyds and natwast for a business account. I dont need any lending just a seperate place to put company money.

1. The made me check my credit report and Stanander account and card still have me as defulted even thought they were included in the DRO. I have written to them a while ago but still no luck.

2. Under court information it says I have "1 Current" and type is Bankruptcy Order. Are these two things correct?

CurrentPreviousLinkedNumber Present1n/a n/a

Current Address

« Name:Miss Date of Birth: Court Details:BANK / Type: Bankruptcy OrderCourt Date:10/09/2009Amount: £0Date Satisfied:10/12/2010





3. Is there anyway I can get a Business Account?

Thanks

kepar

Why does it have to be a business account?

You could use just an ordinary CO-OP Cashminder account.

Flowers

Doesn't have to be, just need an account that has the company name. Do Co-op do this?

dojoman

Flowers wrote: »

Doesn't have to be, just need an account that has the company name. Do Co-op do this?

No they don`t it would have to be in your name.

Ineedaname

Somebody posted a couple of months back that NatWest do a Foundation Account which is specifically for charities, businesses such as yours and those who struggle to get a business account due to poor credit checks. I think they offer 2 years free banking from the off.

IF

Here's some more info about the NatWest Foundation Account, I don't know anyone who has this accout so please check it out with a fine tooth comb as I don't want you to be unaware of any hidden charges.


NatWest Foundation Account - Click here

Hope all goes well.
If...x

immoral_angeluk

Flowers wrote: »

Hello

I was discharged 10 Sept 2010.

I would like to set a small not for profit business, but I have already been turned down by lloyds and natwast for a business account. I dont need any lending just a seperate place to put company money.

1. The made me check my credit report and Stanander account and card still have me as defulted even thought they were included in the DRO. I have written to them a while ago but still no luck.

2. Under court information it says I have "1 Current" and type is Bankruptcy Order. Are these two things correct?

CurrentPreviousLinkedNumber Present1n/a n/a

Current Address

« Name:Miss Date of Birth: Court Details:BANK / Type: Bankruptcy OrderCourt Date:10/09/2009Amount: £0Date Satisfied:10/12/2010

3. Is there anyway I can get a Business Account?

Thanks

It's all going to depend on you passing a credit check. This is going to be difficult, but not impossible, as your file is going to be fairly trashed for the next 5 years. The most insolvent friendly banks are Barclays and the coop. Have you tried them?

Flowers

Natwest have me listed as not being able to get any services from them.

dojoman

Flowers wrote: »

Natwest have me listed as not being able to get any services from them.

Unfortunately then, you will be very fortunate to find a bank willing to give you a business account.