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 i only have a basic bank account at the moment
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Yvonne.yv
Starting Member



1 Posts

Posted - 06 February 2012 :  23:08:09  Show Profile  Visit Yvonne.yv's Homepage  Reply with Quote
i only have a basic bank account at the moment will i loose this account and have to open another one when i go bankrupt or will i be able to keep my basic account

Viki.W
forum expert



United Kingdom
2211 Posts

Posted - 07 February 2012 :  09:13:05  Show Profile  Reply with Quote
Hi Yvonne,

You need to speak to your bank. Lloyds TSB, Barclays and NatWest are all banks that will allow you to keep a basic account if you have no debt with them, but you need to contact them first.

Failing that, I advise a Co-operative Bank Cashminder account. This is bankruptcy friendly and the Co-op will not freeze it.





Viki Warbrooke
Vincent Bond & Co
If you would like free advice on all options available and help with your bankruptcy petition please contact me at http://www.vincentbond.com/about_us_Viki_Warbrooke.asp
Please read my experience of debt via my blog at http://vikiw.blogs.iva.co.uk/
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glafy
forum expert

436 Posts

Posted - 08 February 2012 :  10:56:11  Show Profile  Reply with Quote
Hi yvonne
I too can recommend the Co-op Cashminder accounts. They are BR friendly & you should have no problem opening an account but I would recommend going into the branch rather than doing it over the 'phone as this seems to be more succesful.
If you do decide to open a new account then try to get it organised before BR & sort out any wages paid in, DD's SO's etc, as you will have enough to think about around your BR date. The OR's know of these accounts & will not close them.
Good Luck & keep us updated.


"Life isn't about waiting for the storm to pass...
It's about learning to dance in the rain."
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