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.
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.
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
how long is a bank allowed to freeze a/c
Posted - 19 September 2008 : 11:43:54
