Now I am discharged from bankruptcy, would it be possible for me to open a savings account? I currently have an IPA, so would any savings I accrue be taken into account and would the OR have the right to take any savings I accumulate during the period of my IPA?
There is no problem saving money even if you pay an IPA. The IPA is an agreement between you and the OR so the OR is aware (and has agreed to) the amount of DI you have left over.
I'm not sure on exactly, which banks will allow you to open a savings account straight after discharge. I think from other postings that the Co-op won't allow a savings account until you have been discharged for 6 months but others will post their experience.
Thank you both for your advice. I'm not really in any hurry to open a savings account (the mattress will do just fine for now.lol) but useful to know which banks are more accomodating than others. Surprised about the co op though. Strange! I'll wait for 6 months or so and then give it a go.
Afternoon all,Now I am discharged
Posted - 10 March 2010 : 13:56:55
