My bank has frozen my account
I found out yesterday that my bank has frozen my account and cancelled all of my direct debits.I was looking into getting an iva but nothing has been set up but the bank has told me that according to their records I am insolvent. I have just over £1000 in my account and can't get access to a penny of it,I also have a loan with the same bank and I asked them what happens when the monthly repayment is due and as there is no direct debit in place now as they cancelled it and as I can't access the money in the account how I'm supposed to pay it,they simply said I would go into arrears.has anyone got any advise?