| Author |
 Topic  |
|
michelle.m
Junior Member
170 Posts |
 Posted - 08 March 2008 : 09:07:09
|
went bankrupt few days ago. What bank will give me an account
|
|
|
Helpful Advice
Average Member
United Kingdom
646 Posts |
Posted - 08 March 2008 : 10:31:25
|
Hi Michelle,
Most banks have to offer a basic banking facility, however if you owed them money as part of your bankruptcy don't expect them to help.
I have always found Nationwide or Abbey National to be very good with my clients.
Hope this helps,
Brett
Bankruptcy Specialist
England,Jackman & Spacey
E-mail be@ejands.co.uk
WebSite www.ejands.co.uk
|
 |
|
|
Reviva UK
Advanced Member
United Kingdom
2452 Posts |
Posted - 08 March 2008 : 17:32:55
|
Hi Michelle.m
I understand that Abbey no longer give bank accounts to undischarged bank accounts so not worth trying that one.
I know that the COOP do offer bank accounts to people in bankruptcy. The account is called a CASHMINDER account, it offers direct debit / standing orders / online banking and gives you a Visa Electron card. The number you need is 0845 602 7057.
Hope it helps
Paul Johns
Reviva UK
www.revivauk.com |
|
|
|
Carl McMullen
Junior Member
192 Posts |
Posted - 15 March 2008 : 01:00:45
|
I would second the Co-op, only downside to co-op is they dont have many branches and you can only do limite transactions at post offices.
Natwest is always a good one and there account is called a Natwest account.
Think you are correct Paul about the Abbey they have pulled the account and no longer offered. |
|
|
|
AlanO
Junior Member
United Kingdom
259 Posts |
Posted - 15 March 2008 : 09:06:48
|
Barclays Cashcard account is good, will enable standing orders & direct debit - also suggest that you obtain a prepaid mastercard for flexibility
All the best
Alan
www.debtdr.co.uk |
|
|
|
chris.g
Junior Member
United Kingdom
211 Posts |
Posted - 15 March 2008 : 09:41:52
|
hiya, co-op cashminders the one we have, been good so far and wasn't even frozen when we filed
best of luck |
Edited by - chris.g on 15 March 2008 09:42:47 |
|
|
|
Reviva UK
Advanced Member
United Kingdom
2452 Posts |
Posted - 15 March 2008 : 10:59:08
|
It is a very stressful thing opening a bank account after Br and you actually expect to be escorted off the premises by armed guards with a firm "Don't come here again".
I have found that over the last 5 months the following.
Abbey - wo't give a bank account to an undischarged Br
Natwest are getting a little funny and there is a V good chance that even a cash card account will be closed after Br.
Barclays - same as Natwest.
Coop have been 100% OK with before and after BR for clients.
The thing to remember is that is your account was a standard Barclays account and they downgraded your facilities to a cash card only - they still class it as a "normal" account so this will definately be closed in Br.
Alsways better to have plan B ready as you need to make mortgage or rent payments at the end of the month plus standing orders. You don't need more grief after the event so would recommend the COOP.
Paul Johns
Assisted Bankruptcy Specialists
Reviva UK
www.revivauk.com |
|
|
|
Helpful Advice
Average Member
United Kingdom
646 Posts |
Posted - 15 March 2008 : 12:48:41
|
If your looking for a bank with plenty of branches then as I said before have never seen a problem with Nationwide, although many of my clients used Abbey, it appears others have had problems.
Woolwich were always the best, however this all changed when Barclays took over and Natwest can be very difficult.
View my Blogs at:
http://HelpfulAdvice.blogs.bankruptcyhelp.org.uk/
Bankruptcy Specialist
England,Jackman & Spacey
WebSite www.ejands.co.uk
|
|
|
|
ang
Junior Member
183 Posts |
Posted - 16 March 2008 : 02:19:18
|
hello,
as i declaired my self bankrupt last week, my bank accout with halifax was frozen with out me knowing... i tried to open a new account in NATWEST, thats the first time i have ever felt ashamed of what i have done, i was made to feel like a little child.
I some how came accross this site, and people seem to be given a 90% to the CO-OP group, and tried the CO-OP and they will give me a decition within 2-3 working days...
Is there any other banks that will help the bankrupt? |
|
|
|
Andy Davie
Administrator
192 Posts |
Posted - 16 March 2008 : 08:01:36
|
Hi
You can always use 'Think Banking',they will accept you and you receive a Maestro debit card.There is a £12.50 per month fee and £25 set up fee.
Acceptance IS guaranteed,regardless of cedit history,as long as you can prove who you are and where you live
Regards
Spokesperson and Site Manger IVA.co.uk |
|
|
|
Reviva UK
Advanced Member
United Kingdom
2452 Posts |
Posted - 16 March 2008 : 10:05:41
|
Hi Ang
did you sort the car out before you went bankrupt - if not it is too late to change it yourself as it is technically owned by the OR now.
Paul Johns
Assisted Bankruptcy Specialists
Reviva UK
www.revivauk.com |
|
|
|
Reviva UK
Advanced Member
United Kingdom
2452 Posts |
Posted - 16 March 2008 : 10:07:29
|
Hi Alan
Hope you are well. Welcome to the forum I am sure your input will be valuable to the posters that need help.
Paul Johns
Assisted Bankruptcy Specialists
Reviva UK
www.revivauk.com |
|
|
|
AlanO
Junior Member
United Kingdom
259 Posts |
Posted - 16 March 2008 : 10:08:49
|
Hi Ang,
Barclays are fine if it is cash card account - only last week I had confirmation from Barclays Legal Notices unit that two of myclients accounts would continue in the usual manner not withstanding Barclaycard debt written off in Bankruptcy. One word of caution in general if account is opened prior to bankruptcy ensure that at the time of bankruptcy only small balance held say under £5 ( but ensure that not overdrawn )
All the best Alan
www.debtdr.co.uk |
|
|
|
AlanO
Junior Member
United Kingdom
259 Posts |
Posted - 16 March 2008 : 10:13:34
|
Hi Paul,
Pleased to help whenever I can - see you soon
All the best Alan
www.debtdr.co.uk
|
|
|
|
Helpful Advice
Average Member
United Kingdom
646 Posts |
Posted - 16 March 2008 : 11:50:59
|
Hi Alan,
Welcome to the forum,
Barclaycard are a different company to Barclays so it would not matter if monies were owed to Barclaycard at point of bankruptcy, howvever if you owe money on a barclays account they will not supply a basic account.
Alan is correct in what he is saying reagding the timing of opening an account.
View my Blogs at:
http://HelpfulAdvice.blogs.bankruptcyhelp.org.uk/
Bankruptcy Specialist
England,Jackman & Spacey
WebSite www.ejands.co.uk
|
|
|
|
ang
Junior Member
183 Posts |
Posted - 16 March 2008 : 11:52:20
|
hi paul,
Did i sort what out with my car?? im not sure what you mean??
ang |
|
|
|
Topic |
|
What bank will give me an account
