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Scottish Trust Deed Forum
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Topic starter
25/07/2014 3:06 pm
Hi Everyone, I have finished my 36 monthly payments and now have 3 payments to go until my equity is cleared (Mid October) 🙂 I have been searching for a new job for a while and have been offered a position with a Canadian company - working from home on a contract basis. I understand this would mean setting up a limited company which according to previous posts is not a problem?? Can someone first of all confirm this please. Secondly - are there any banks that will offer a business back account which I believe is necessary to administer the business accounts? Can anyone provide some guidance or should I walk away from this opportunity?
25/07/2014 4:54 pm
Hi SuziW.
We've certainly heard here before that getting a business (company) bank account if you're a Director of that business and currently in a trust deed can be very difficult.
You can set up a company and you can be a company director even if you're not yet discharged.
In terms of a bank account, I suggest that you go to your current personal bankers and ask them for assistance. You'll want to make it very clear that you don't need credit.
Qualified Debt Adviser & Forum Administrator - Ask me anything about Trust Deeds 
