have opened a cash account with natwest for d/d and wages to go in, with no overdraft. will the OR freeze this? or can we continue to use this. also, how long is it before acts get frozen following court date?
We didn't open account until we had been BR but as long as you declared to the Natwest that you were going BR the bank and the OR should let you keep it without freezing it at all.
To add Bank accounts get frozen as soon as banks find out your BR which can be a couple of days to a couple of months. At the end of the day its down to the bank whether they let you keep it open or not. Tracy X
I am also very worried Have done bankrupcy forms and trying to contact citizens advice today to make an appt. for some help my pension and benefits are paid into bank at end of month and i cannot pay rent or eat if it is frozen felt suicidal last week as mental helath prob is getting worse i found this site and heartened by some of the stories - mine is also one of misfortune following a breakdown 4 yrs ago i tried to keep paying everyone and thought i would get better and be working by now but feel washed up feeling quite ill do i approach bank now and let them know or wait until i have put the forms in to court? i havent told any of my friends or family and feel quite alone
Please dont panic and welcome to this site. I would suggest that you phone the free helpline today. they are brilliant and will call you back. The phone call and advice is free. You can share your details with them and they will know the best advice. Its very hard for anyone to give advice without knowing the background to you.
thank you for your reply tracy i finally got in touch with debt counsellor at cab and will be handing in forms today he advised to open a post office account for benefits and get pension to send giro cheque so will follow this path today i just want to sleep still have some qu. and will phone helpline later as counsellor is vry busy - is it free from mobile? how i got in this situation is a 4 yr story of financial delusional state -even after retiring, i always thought i could manage everything and now have to face the facts i have nevr been in debt like this before in my whole life (im 55) and feel such a failure, even partly responsible for global crisis i cannot bear to watch the news at the mo anyhow thanks for your support and maybe i will change the user name but really do feel uselsess
will the OR freeze cash account?
Posted - 13 October 2008 : 10:52:31
