HOME  FORUM  MEDIA  EVENTS  ARTICLES  TV  BLOGS
•Home
Bankruptcy:
•Bankruptcy Information Center
•What is Bankruptcy?
•Is Bankruptcy right for me?

•How to declare Bankruptcy?
•What happens to my assets?
•Bankruptcy and credit rating

Forum:
•forum
•register
•search
•faq
•experts

Blogs:
•Bankruptcy News
•More...

Media Room:
•Press releases
•Media Coverage

Other:
•About BankruptcyHelp
•Links
•Contact us
•Debt Glossary
•Insolvency jobs


FORUM
  > Browse and post on our forum
Home   |   Profile   |   Register   |   Active Topics   |   Members   |   Search   |   FAQ

Welcome to our Forum, please register if you want to post
Ask a debt question
See the last 250 posts
Watch video on how to use forum
Username:
Password:

Save Password
Forgot your Password?

 All Forums
 New Questions
 Forum Questions
 direct debits
 New Topic  Reply to Topic
 Printer Friendly
Author Previous Topic Topic Next Topic  

jelojo
New Member



United Kingdom
71 Posts

Posted - 01 April 2009 :  16:35:30  Show Profile  Reply with Quote
Just been to open a new bank account and they told me that once you become bankrupt you are no longer allowed Direct debits to pay bills. Is this true?

maizie
Average Member



United Kingdom
566 Posts

Posted - 01 April 2009 :  16:38:05  Show Profile  Reply with Quote
Hi jelojo

I think it depends on who you are going with. If its a Co-op Cashminder account, then this allows direct debits, standing orders, bank transfers and a visa electron card.

Maizie
Go to Top of Page

Jane.l
Average Member

511 Posts

Posted - 01 April 2009 :  17:05:16  Show Profile  Reply with Quote
I have a Barclays basic account and have direct debits on it
Go to Top of Page

Niobe
Administrator



United Kingdom
4590 Posts

Posted - 01 April 2009 :  17:22:25  Show Profile  Reply with Quote
I think the majority of basic accounts allow this facility, whether you are bankrupt or not.

The glimmer gets brighter all the time

Jan
xx
Go to Top of Page

sjbyron
Average Member



United Kingdom
746 Posts

Posted - 01 April 2009 :  19:16:06  Show Profile  Send sjbyron an AOL message  Click to see sjbyron's MSN Messenger address  Reply with Quote
Hi

there are certain basic bank accounts that dont allow direct debits and/or standing orders these are:

Natwest Cash Account - not step
Spectrum Services account - OneBanking, Red888, ExtraDirect
CredECard Services account - Theonyx, L4Group, CredECard
Certain banks will stop you using direct debits, to my knowledge Yorkshire Building Society Cash transactor account and Coventry BS Money Manager do these.

Best of Luck



Stu J Byron
Go to Top of Page

chester2005
Average Member



United Kingdom
786 Posts

Posted - 02 April 2009 :  00:45:25  Show Profile  Reply with Quote
It would seem that the most popular post BR bank account is the COOP cashminder account very BR friendly

Dave
Go to Top of Page

xmas baby
Average Member



537 Posts

Posted - 02 April 2009 :  16:41:52  Show Profile  Reply with Quote
I have a co-op cashminder account and since I became bankrupt 1 month ago I have continued to pay all my direct debits using this account without any problems. I originally set up the account a month before going bankrupt and informed both the bank manager of my intended BK and asked him to make sure the account wasn't frozen, which he said would be no problem. I also informed the OR when I spoke to her after my bankruptcy date, although I hadn't listed the account on my SOA as it wasn't one of my creditors. Again, she said there would be no problem with this account.

xmas baby
Go to Top of Page
  Previous Topic Topic Next Topic  

 New Topic  Reply to Topic
 Printer Friendly
Jump To:
bankruptcyhelp.org.uk Forum © bankruptcyhelp Go To Top Of Page
Powered By: Snitz Forums 2000 Version 3.4.06