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karenj
Starting Member
11 Posts |
 Posted - 20 December 2008 : 22:37:52
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| My name is Karen, I am having to declare bankruptcy, my debt is around £40k, it is from the 1990's and I have not had credit or a bank account since 2000, I have been using my mums bank account for all my payments of CB, CTC, and benefits and for the past 8 years have had an arrangement with my creditors but a couple of months ago my partner and I of 7 years separated so I am not on income support, I have just signed a tenancy agreement for rented accommodation, what will happen to my mums bank account, the only money that has been paid into has been mine for the past 8 years and it is just a basic account, no OD etc. Thank you for your help |
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Trolly-Dolly
Average Member
591 Posts |
Posted - 21 December 2008 : 00:42:28
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Hi KarenJ (I'm a karenj by birth!)
Well done to you not having credit since the 90's. Thats amazing.. If nothing dodgy has been passing through account then you are okay!, and by dodgy I mean like huge sums of money from unkown sources etc. Honestly., from reading your post, you have nothing to worry about.
You can read my blog here;
http://drowningmummy.blogs.iva.co.uk/ |
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John
New Member
United Kingdom
73 Posts |
Posted - 21 December 2008 : 08:42:30
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Hi KarenJ
your Mum's account is safe even if only you have been using it. As TD says, as long as no large sums have been going in / out it's not a problem.
Also, when you declare bankruptcy it will not be frozen as the account is not in your name. Any current payments in or out will therefore continue without hassle.
www.Bankruptcyhelp.org.uk
0800 078 9367 |
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scottyuk
Starting Member
United Kingdom
21 Posts |
Posted - 21 December 2008 : 22:04:09
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Good luck Karen, maybe we can hold hands together
Scott x |
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karenj
Starting Member
11 Posts |
Posted - 21 December 2008 : 22:21:58
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Scott that would be good
Karen x
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I am having to declare bankruptcy
