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tim73
New Member
57 Posts |
 Posted - 23 March 2009 : 10:33:20
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| how long does it take to freeze your bank account after youve gone bankrupt? tomorrow is my date but get paid on thursday. |
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Melanie.n
forum expert
United Kingdom
1282 Posts |
Posted - 23 March 2009 : 13:47:05
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It depends on how quick the OR inform them - it should be done on the day of the Bankruptcy - if the account is not linked to any other debt you can get the OR to unfreeze the account but it can take a few days - why not speak to your pay section and get your salary paid elsewhere for this month only?
Melanie Nicholas
28 years insolvency experience - 23 of which in the Insolvency Service
- Insolvency Manager
Jones Giles
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tim73
New Member
57 Posts |
Posted - 23 March 2009 : 14:22:53
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| i get paid weekly and spoke to them this morning, giving them details of my new bank account, unfortunately they send all details on a friday so my wage this week will go into my present account, buy i need the money on thursday as i need it for my travel to work for thursday, friday and next week! not to mention to pay my rent etc. |
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alisone
Starting Member
40 Posts |
Posted - 23 March 2009 : 18:46:43
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Good luck for tomorrow, Tim. The best I can suggest is explaining the situation at the court tomorrow and seeing what they say..?
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tim73
New Member
57 Posts |
Posted - 23 March 2009 : 18:55:33
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| thanks alisone, thats what i'll do, just explain that i need my wages for rent etc and hopefully they'll let me get my wages. glad to hear everything went ok for you today, tho im pretty nervous now.......suppose its the not knowing what to expect !!! |
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sjbyron
Average Member
United Kingdom
746 Posts |
Posted - 23 March 2009 : 19:35:05
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Tim,
You could also inform your Bank of you going BR, if your bank isnt related to a creditor the rule of offset wont apply, and if they are BR friendly such as Coop and Barclays it may stay open.
The bank may even change the account to a basic savings account, you would lose your DDIs and SOI facilities but at least your wages wont go astray.
Best of luck
Stu J Byron |
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tim73
New Member
57 Posts |
Posted - 23 March 2009 : 20:00:04
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| unfortunately im with bank of scotland and theyre related to intelligent finance which is one of my creditors, im just hoping that the O.R. wont inform my bank till after thursday but my court appearance is tomorrow so im not too hopeful!!! |
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ashford
Starting Member
6 Posts |
Posted - 23 March 2009 : 20:15:32
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Our BR hearing was last monday and my OR still hasn't informed our banks yet so I've been able to draw out my husbands wages
that were paid in last friday, even today!!! I think it takes the OR a while to write & inform everyone. |
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tim73
New Member
57 Posts |
Posted - 23 March 2009 : 20:35:51
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| thats great news.........hope thats the case with me as i need to pay my rent on thursday!! |
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sjbyron
Average Member
United Kingdom
746 Posts |
Posted - 23 March 2009 : 21:42:01
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Hi HBOS which own Bank of Scotland dont allow bankrupts, however I think but am not sure but they dont share data between their businesses such as IF.COM.
Halifax were one of my creditors and I still have a sainsburys account.
If I was you I would ring Bank of Scotland tell them that you are going BR tomorrow and that you understand that you cant keep the account, however your wages are being paid in on Thursday would they allow you to remove the monies first.
When I went BR halifax closed the account the day after with me.
Their are other banks out there such as Coop, Barclays or thinkbanking.
your other alternative is to move your BR back until you are paid
Best of luck
Stu J Byron |
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how long does it take to freeze your bank account
