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T O P I C R E V I E W
dogs3
Posted - 19 September 2008 : 11:43:54 how long is a bank allowed to freeze an account, despite the bank receiving a letter from official receiver stating they re n not interested in the account.
3 L A T E S T R E P L I E S (Newest First)
JulianDonnelly
Posted - 20 September 2008 : 13:18:09 Hi Lisa,
John is actually correct here. Although it is at the bank's discretion, it is standard practice to freeze accounts on publication of your BR. Most banks will then close the account on hearing from the OR.
Julian Donnelly Spokesperson for www.Bankruptcyhelp.org.uk Don't forget the helpline on 0800 078 9367
369
Posted - 19 September 2008 : 15:59:39 I think I have read that Julian has said before that whether to freeze an account or not is up to the banks own discretion.
The OR can say that they dont have any interest in it, but in the end it is up to the bank themselves.
I would phone the bank and ask them direct.
thanks Lisa
John
Posted - 19 September 2008 : 11:47:47 Hi once the bank have been informed in writing by the OR that he has no further interest in the account then it should no longer be frozen. However, the bank itself may well decide to close the account immediately on receipt of the OR's letter due to your bankruptcy.
