|
|
 |
 |
FORUM |
|
> Browse and post on our forum |
|
|
|
 |
|
 |
| Author |
 Topic  |
|
|
leakie
Junior Member
United Kingdom
158 Posts |
 Posted - 27 March 2009 : 06:57:22
|
Hi All
I have recieved a letter from Barclays,
They are one of my creditors,
The letter states that they know I have gone BR,
They have frozen the old account .
But have asked if I would like to open a cash card account.
Hope this info helps.
All the best
Leakie |
|
|
Melanie.n
forum expert
United Kingdom
1282 Posts |
Posted - 27 March 2009 : 08:46:06
|
I would not recommend that you open a new account where you have a debt included in the bankruptcy - banks have the right of set off which means that they can use any credit balance to off set against any other account in the bank such as other overdraft/loan or credit card. People are always instructed to open a new account in a bank where they have no other debt nor linked to any of their creditors.
Hope this helps
Melanie Nicholas
28 years insolvency experience - 23 of which in the Insolvency Service
- Insolvency Manager
Jones Giles
|
 |
|
|
leakie
Junior Member
United Kingdom
158 Posts |
Posted - 27 March 2009 : 18:40:55
|
Hi Melanie
Thanks for your reply,
I thought that once your are made BR, they could not chase the ammount owed,
So what you are saying even after you have been discharged from BR, may be a couple of years down the road, and you go back to the bank, which was a creditor, they can still get there money back?
I will stay well cear of Barclays then,
or have I mis-understood you.
Thanks
Leakie |
|
|
| |
Topic |
|
|
|
| bankruptcyhelp.org.uk Forum |
© bankruptcyhelp |
|
|
|
|
|
 |
|
|
|
|
|
Letter from Barclays Bank
