| Author |
 Topic  |
|
|
beth83
Starting Member
United Kingdom
20 Posts |
 Posted - 23 February 2010 : 16:03:08
|
| I know you get asked this alot but i couldnt find the exact answer to my quesion. My husband is due at court in a few days to start Bankruptcy proceedings, he was advised by citizens advice to open a basic bank account, which he did with halifax as he was told, hes in debt with barclays so couldnt open one with them, The citizens advice told him he could have all the direct debits for house bills from that account which we have transferred them all to that account as well as his wages going into it. We have now been told by someone who has been through BR that he isnt allowed to have direct debits, is this true? i have already declared that account on the forms too. Is that okay and wont be frozen or is it better to have his wages and direct debits in and out of my account instead?? we are panicking now because i think i will have to change the court date to sort this out but wanted it over with, Thanks |
|
|
gettingoutofdebt
forum expert
2418 Posts |
Posted - 23 February 2010 : 16:12:23
|
You are allowed to have DDs when you are BR so whomever told you that you weren't is incorrect.
When you opened the Halifax account did you tell them that you were declaring BR? Normally people open a Co-op account as they are BR friendly and I wasn't aware of a Halifax basic account so it may be worth checking that this won't be closed when your husband is declared BR. |
 |
|
|
beth83
Starting Member
United Kingdom
20 Posts |
Posted - 23 February 2010 : 16:53:02
|
| Thanks for that, i did tell my husband to tell them he was going BR when he opened the halifax but i dont think he did tell them, they did tell him it was a basic account he asked for but he's got a switch card for it which to me means its not a basic account?? there isnt an overdraft for it and no cheque book. There isnt any co-op branches near us and we need a bank account we can get to to put money in and out easily. Does he need to go into halifax and tell them hes going BR? |
|
|
|
sjbyron
Average Member
United Kingdom
746 Posts |
Posted - 23 February 2010 : 17:01:41
|
Hi
Halifax / Bank of Scotland arent Bankruptcy friendly they will close the account down, they are also starting to refuse Discharged Bankrupts an account.
I would either go with Coop or ThinkBanking
Stu J Byron |
|
|
|
beth83
Starting Member
United Kingdom
20 Posts |
Posted - 23 February 2010 : 17:02:42
|
| Would it make any difference if all his money and direct debits were transferred to my halifax account instead? or would they close that anyway? |
|
|
|
beth83
Starting Member
United Kingdom
20 Posts |
Posted - 23 February 2010 : 17:27:11
|
| Thanks, Co op is no good as the nearest branch is miles away and we need a local one, even more so if its a very basic account and cant get cash in and out easily. Ive checked online and the halifax and co op basic accounts seems to be the same/very similar. But if they dont like BR people then we dont want problems with them, we have just spent weeks of phone calls transferring all the dd's to the halifax account as we were told by CAB that one was okay to have. He goes to court in a few days, is it better to change the appointment then change accounts or okay to go to court then change to a more basic account afterwards if needed? |
|
|
|
gettingoutofdebt
forum expert
2418 Posts |
Posted - 23 February 2010 : 17:54:00
|
The best option is to speak to the Halifax and tell them that your partner is declaring BR and see what they say. They may say that they will let you keep the account open.
If not then your options are to have your partner's income paid into your account or open a Co-op account. With the Co-op account you can pay money into the Post Office so as long as their is a Post Office nearby is doesn't really matter where the nearest Co-op is. You can also take money out of the Post Office or a local cash machine. |
|
|
|
chester2005
Average Member
United Kingdom
786 Posts |
Posted - 23 February 2010 : 17:54:37
|
i wouild still suggest the COOP with their cashminder account
you never actually need to go into a branch i never have!!!!!!
cheques and cash in at any Post Office cash out at any Post Office or cash machine
online banking DDs SOs you name it you got it just no cheque book or overdraft.
You can open them over the phone and they send you the stuff within a week
Dave
Don't worry or know that worrying is as effective as trying to solve an algebra equation by chewing bubble gum.(Baz Lurhman)
RevivaUK and Paul Johns helped me through it all i can't recommend them enough!! |
|
|
|
sjbyron
Average Member
United Kingdom
746 Posts |
Posted - 23 February 2010 : 19:08:44
|
Hi
The halifax would close your account, I was told the same by CAB that Halifax are ok, I was told the same at my halifax branch but then head office found out and froze the account and closed it, they told me that although they dont allow discharged bankrupts they will allow me to have their basic account - easycash once discharged.
I still would recommend Coop, or ThinkBanking
Stu J Byron |
|
|
|
Housing
Senior Member
United Kingdom
1399 Posts |
Posted - 23 February 2010 : 19:18:10
|
Hi,
In my considered opinion, the Co-op Cashminder is great - they are BR friendly and even if things are tight - they will always try to assist where possible - does not include offering overdrats though!!
Good luck, whomsoever you choose to go with.
Richard
quote:
Originally posted by sjbyron
Hi
The halifax would close your account, I was told the same by CAB that Halifax are ok, I was told the same at my halifax branch but then head office found out and froze the account and closed it, they told me that although they dont allow discharged bankrupts they will allow me to have their basic account - easycash once discharged.
I still would recommend Coop, or ThinkBanking
Stu J Byron
"There are no problems - only solutions" |
|
|
|
ONK
Junior Member
135 Posts |
Posted - 23 February 2010 : 20:58:05
|
I have the co-op cash minder which i opened prior to BR , i told them i was going BR and the were fine with it. I also do not have a "local" branch but this does not matter at all and has caused me no problems. You pay in usig the post office - theres plenty of them !! and you can withdraw anywere with your visa debit card.
I had and still have direct debs with them prior to and after BR.
Cant fault them at all
|
|
|
|
sjbyron
Average Member
United Kingdom
746 Posts |
Posted - 23 February 2010 : 21:53:34
|
Personaly I like ThinkBanking although they have some minor probs I like them and having my money managed is well worth it too me
Stu J Byron |
|
|
|
beth83
Starting Member
United Kingdom
20 Posts |
Posted - 24 February 2010 : 08:29:46
|
Thanks for all your help, He phoned Halifax last night, they said that because he's had the basic account for years there, then that would be okay to be open, its only new BR accounts they dont allow (so they say now anyway), hes got a basic cardcash account there that has all the same stuff as the co op basic account going by what it says online anyway. Hes going to open a co op account anyway just incase but its no good to us as the nearest branch is too far away to be of any use, so we are keeping fingers crossed halifax is allowed to stay open.
Does the Co op account allow direct debits?? |
|
|
|
gettingoutofdebt
forum expert
2418 Posts |
Posted - 24 February 2010 : 09:00:06
|
| Yes, the Co-op banks allows DDs. I just do everything online and have set up DDs and Standing Orders online and then use a cash machine to take money out. I haven't manually paid money into the account yet but this can be done at any local Post Office. |
|
|
|
Skippy
forum expert
United Kingdom
3290 Posts |
Posted - 24 February 2010 : 09:28:50
|
I don't have a Co-op branch nearby but I've never had any problems as like Gettingoutofdebt says you can do your banking at the Post Office. I've paid money in at the PO and cash clears instantly and cheques in about 4 working days.
View my blog at http://skippy13.blogs.bankruptcyhelp.org.uk/
Only when the last tree has died, the last river has been poisoned and the last fish has been caught will we realise that we cannot eat money.
30 IPA payments made, 6 to go - the end is in sight! |
|
|
| |
Topic |
|
direct debits
