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 hi i have a alliance and leicester account
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mitsu8
Junior Member

272 Posts

Posted - 04 January 2009 :  23:46:03  Show Profile  Reply with Quote
hi i have a alliance and leicester account that i recently opened.is this account ok to go bankrupt with or will it be frozen.the other thing is where i have not paid things getting ready to go bankrupt the money has built up to about 3500.should i take this out or is it ok to leave it in there thanks

John
New Member



United Kingdom
73 Posts

Posted - 05 January 2009 :  00:12:20  Show Profile  Reply with Quote
Hi

the account will be frozen so the funds should be removed well in advance of bankruptcy.

You will have to account for those founds to the OR so only spend it on that which is essential.

www.Bankruptcyhelp.org.uk
0800 078 9367
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Needafriend
Junior Member

United Kingdom
344 Posts

Posted - 05 January 2009 :  08:35:07  Show Profile  Reply with Quote
Hi Mitsu

If you can i would open a Coop Account before you go BR, that way your account with them should remain open and you can organise all dd's and wages etc in that new one, then once you have taken what you need from the A&L just leave that account.

Take care


Jo
x



22 Weeks down


30 to go




For more info on how i have come through bankruptcy and for links to help, you can read my blog here called:
Needafriend's Info on Bankruptcy :-)
http://debtfreejo.blogs.bankruptcyhelp.org.uk/
Needafriend says: Live life to the full, take life by the horns and live a little, otherwise life would be so boring!
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Skippy
forum expert



United Kingdom
3290 Posts

Posted - 05 January 2009 :  10:09:35  Show Profile  Reply with Quote
It's down to the discretion of the bank whether you can keep the account open. At the time I went BR Lloyds allowed me to keep my account, even though their policy at the time was to close accounts.

Tomorrow is a mystery, yesterday is history, today is the present, a gift to make the most of.

View my blog at http://skippy13.blogs.bankruptcyhelp.org.uk/

18 IPA payments to go!
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