All Forums  archive  Forum Questions  If I can't have a bank account, how will clients pay me as they are not happy to pay individuals ?

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Screensize: 640 x 480 800 x 600 1024 x 768 1280 x 1024 UserName: Password: Format Mode: Basic  Help  Prompt  Format: Font Andale Mono Arial Arial Black Book Antiqua Century Gothic Comic Sans MS Courier New Georgia Impact Lucida Console Script MT Bold Stencil Tahoma Times New Roman Trebuchet MS Verdana   Size 1 2 3 4 5 6   Color Black Red Yellow Pink Green Orange Purple Blue Beige Brown Teal Navy Maroon LimeGreen Message: * HTML is OFF * Forum Code is ON Smilies [quote][i]Originally posted by CreoleDeeDee[/i] [br]Good afternoon, I have been thinking & reading about declaring myself bankrupt for a long while now, as I dont have any way to repay debts I owe. Example of debts are Water Rates, National Insurance, HMRC. Council Tax debt too but Ive had an arrangement with them for 2 years, & havent defaulted on that. I have 2 credit card debts outstanding from years ago, not able to make payments. Im self-employed and due to less work coming in for the last 3 years, Im really struggling. Im on WFTC just been told theyve overpaid me, & I will have to repay from April. As said Im really struggling. Whats also really worrying me is as Im self-employed/get occasional work, without a bank account (I understand if I declare bankrupt I cant have a bank account) then, how will clients pay me? I have a trading name (Im a sole trader, not registered as a limited company, its a community arts organisation I hire freelance artistes to work with me as & when needed). Clients pay me via cheque or BACS into account in my trading name. How will I be able to receive work payments (as irregular as they are!) without an account? I deliver workshops for schools, museums etc these kind of places, and I am aware theyre not happy to pay individuals, always want an organisation name. If you can advise me on this Id be grateful. Feel as if I cant think straight at the moment, really worried about not being able to pay debts and after bankruptcy, struggling due to not having a business account/account in organisation name. Also, Im a Housing Asscociation tenant I am behind with my rent was taken to court, Possession granted to Association but they were fine to accept an arrangement regarding repayment of rent owed, & I have been sticking to this. But if Im declared bankrupt Im afraid theyll become angry at rent debt being written off, and I will lose my home. Anyway - any advice you can offer would be really appreciated. Thank you. [/quote]   Check here to include your profile signature. Check here to subscribe to this topic.