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hardygirls
Starting Member
15 Posts |
 Posted - 22 January 2009 : 19:06:24
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Hi
I intend to file for bankruptcy very soon. Can you please tell my what I should do about my existing direct debits on my bank account (gas, electric, insurances, etc)? I'm worried about payments lapsing when my bank account is frozen. Can I make arrangements to pay these any other way before I file for bankruptcy? Thank you. |
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sjbyron
Average Member
United Kingdom
746 Posts |
Posted - 22 January 2009 : 19:42:10
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Hi
You can arrange to pay these via direct card payment from a prepaid card. Alternatively you could open a bank account with a bankruptcy friendly bank such as Coop and Barclays, or the managed services such as Thinkbanking and OneBanking (OneBanking dont allow Direct Debits) this way they account will remain open after the bankruptcy.
Some banks take longer than others to close or freeze accounts too, but if you have debts with your current bank or its affiliates then I would move.
Stu J Byron |
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hardygirls
Starting Member
15 Posts |
Posted - 22 January 2009 : 21:58:43
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Hi Stu
Thank you for your reply. Would I be able to open a 'bankruptcy friendly' account at say Barclays, before I go bankrupt, and then keep it afterwards, or would that get frozen too? Also would I need to tell Barclays I am going bankrupt when I open the account? I'm wondering if I could do this and transfer direct debits beforehand.
Sharon
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sjbyron
Average Member
United Kingdom
746 Posts |
Posted - 23 January 2009 : 00:43:02
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Hi
I spoke to Barlcays when I wanted an account with them, and they said the offer two accounts of basic nature, the cash card only and the debit card basic account, however if you are going bankrupt you can only have the basic cash card account.
They told me that you can open that account prior to bankruptcy and they wont freeze it as it is designed specifically for bankrupts.
You have to go into branch now to open an account, they do allow postal for the application however they do recommend you go into branch. You need to take your passport, driving licence and a bill.
I didnt go for the account as I have debts with Barclaycard and they advised against it to be on the safe side.
Hope that helps
Stu J Byron |
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hardygirls
Starting Member
15 Posts |
Posted - 23 January 2009 : 00:46:26
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Hi Stu
Thank you - that is a great help!
Sharon Hardy
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Needafriend
Junior Member
United Kingdom
344 Posts |
Posted - 23 January 2009 : 08:26:26
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Hi Hardygirls
Welcome
You would be better really to apply to the Coop as they seem to be the best around for pre bankruptcy and post bankruptcy.
You can set up all dd's and so's and also you get online access and an electron card.
LOL
Jo
x
24 Weeks down
 Yippeee!
28 to go
 Im getting there!
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hardygirls
Starting Member
15 Posts |
Posted - 23 January 2009 : 08:43:58
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Hi Jo
Thanks for your reply! I don't think the Co-op would give me a bank account, as I owe them money on a credit card!
Sharon
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Needafriend
Junior Member
United Kingdom
344 Posts |
Posted - 23 January 2009 : 08:49:07
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Hi Anything is worth a try. Give it a go and let us know how it goes. :-)
Jo
x
25 Weeks down
Yippeee!
27 to go
Im getting there!
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JulianDonnelly
Junior Member
United Kingdom
325 Posts |
Posted - 23 January 2009 : 12:48:03
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Bear in mind that it is in the Bankers Code that everyone, irrespective of their credit status, is entitled to at least a basic bank account.
If you are unsure, take all your ID for a day in the high street ... you will get an account from someone (as long as you didn't owe them money when you went BR).
Julian Donnelly
Spokesperson for www.Bankruptcyhelp.org.uk
Don't forget the helpline on 0800 078 9367 |
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HiI intend to file for bankruptcy
