HOME  FORUM  MEDIA  EVENTS  ARTICLES  TV  BLOGS
•Home
Bankruptcy:
•Bankruptcy Information Center
•What is Bankruptcy?
•Is Bankruptcy right for me?

•How to declare Bankruptcy?
•What happens to my assets?
•Bankruptcy and credit rating

Forum:
•forum
•register
•search
•faq
•experts

Blogs:
•Bankruptcy News
•More...

Media Room:
•Press releases
•Media Coverage

Other:
•About BankruptcyHelp
•Links
•Contact us
•Debt Glossary
•Insolvency jobs


FORUM
  > Browse and post on our forum
Home   |   Profile   |   Register   |   Active Topics   |   Members   |   Search   |   FAQ

Welcome to our Forum, please register if you want to post

 All Forums
 archive
 Forum Questions
 will i have any problems opening a bank account

Note: You must be registered in order to post a reply.
To register, click here. Registration is FREE!

Screensize:
UserName:
Password:
Format Mode:
Format: BoldItalicizedUnderlineStrikethrough Align LeftCenteredAlign Right Horizontal Rule Insert HyperlinkInsert EmailInsert Image Insert CodeInsert QuoteInsert List
   
Message:

* HTML is OFF
* Forum Code is ON
Smilies
Smile [:)] Big Smile [:D] Cool [8D] Blush [:I]
Tongue [:P] Evil [):] Wink [;)] Clown [:o)]
Black Eye [B)] Eight Ball [8] Frown [:(] Shy [8)]
Shocked [:0] Angry [:(!] Dead [xx(] Sleepy [|)]
Kisses [:X] Approve [^] Disapprove [V] Question [?]

 
Check here to subscribe to this topic.
   

T O P I C    R E V I E W
m88 Posted - 13 October 2009 : 19:42:43
will i have any problems opening a bank account when my BR is over and do i need to tell them i was BR -cheers
7   L A T E S T    R E P L I E S    (Newest First)
Skippy Posted - 14 October 2009 : 08:42:48
The BR will drop off your credit file 6 years from the date that you are made BR, not the date that you are discharged. If you have a restriction order or undertaking then I understand that this will remain on your CRF for the duration of the order.

If you are considering a managed bank account you need to make sure that the account offers full banking facilities, e.g. direct debits, as not all of them do.

Tomorrow is a mystery, yesterday is history, today is the present, a gift to make the most of.

View my blog at http://skippy13.blogs.bankruptcyhelp.org.uk/

27 IPA payments made, 9 to go - in single figures!
Niobe Posted - 14 October 2009 : 06:51:04
Just to correct Stu - the Bankruptcy stays on your credit file for 6 years from the date you declare BR, NOT from when you are discharged.

The managed accounts he is referring to are also one's which charge a monthly fee. Normal bank accounts don't.

The glimmer gets brighter all the time

Jan
xx
m88 Posted - 14 October 2009 : 06:44:19
brilliant -thanks for your time.

sjbyron Posted - 13 October 2009 : 22:25:10
Hi

Once your discharged, it remains on your credit file for at least 6 years, therefore you should in theory be able to open a basic account from a high street bank / building society.

Saying that, RBS Group and Nationwide wont allow an account to someone who owed them money before BR

Coop and Barclays are very bankruptcy friendly so they could be worth a try.

Abbey and Alliance and Leicester and HBOS will all ask for a letter or certificate of discharge for thier basic accounts, LloydsTSB is the same but they also ask for a copy of your recent experian or equifax report showing the discharge.

Coventry BS offer a savings account which carries a visa debit (not electron) card and online services they dont credit check,

Thinkbanking, cardone banking, extra direct, CredEcard and Clearcash all offer managed account services too

Best of Luck

Stu J Byron
Housing Posted - 13 October 2009 : 20:58:57
Sorry m88,

I dod not know the answer, but I am sure someone will and give a reply

Good luck - are you now discharged?

Richard

"There are no problems - only solutions..."
m88 Posted - 13 October 2009 : 20:47:36
thanks i know about that ,but not really suitable ,and wondered if i could open a different one after BR-cheers anyway.

Housing Posted - 13 October 2009 : 20:32:49
Hi m88

Try the Co-op (Cashminder account) whilst you are BR.

They are the most BR friendly bank and yes, you wil have to tell them you are (or were) BR

Good luck, Richard

"There are no problems - only solutions..."

bankruptcyhelp.org.uk Forum © bankruptcyhelp Go To Top Of Page
Powered By: Snitz Forums 2000 Version 3.4.06