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Tess
Junior Member
United Kingdom
219 Posts |
 Posted - 08 May 2008 : 19:33:49
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Hi All
Been into my bank today (Alliance & Leicester) I told them that I was thinking of petitioning for BR. They said that because I do nt have O/D facility and that I do not owe them money that they would be happy for me to use account if OR said its ok. What is the normal practice does the OR inform bank of BR and at same time tell them its ok to keep. Is it likely that OR would object to my alliance Leic account I currently have salary paid in and have not changed it yet. Unsure what to do thinking of phoning for an appointment for next week to go BR. |
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melanie_giles
Senior Member
1191 Posts |
Posted - 08 May 2008 : 21:53:26
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The OR will have no objection to you holding a basic current account with no credit facilities, and are sure to advice A&L that they are happy to allow the account to run. Do make sure that there is little or no money in the account on the day of the bankruptcy hearing, as this might be grabbed by the OR and you could be left unable to pay bills until you get paid again.
For an informal chat about any financial difficulties, or advice as to the options available, I can be contacted via my website - www.melaniegiles.com |
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SimonAtkins
Junior Member
United Kingdom
177 Posts |
Posted - 09 May 2008 : 17:54:00
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Dear Tess
The official receiver won't want to freeze your everyday bank account, unless there's a lot of cash in it - that's the point of question 5.4 in your bankruptcy papers. If A&L are happy to let you keep the account, that's great news.
Regards
Simon Atkins
Licensed Insolvency Practitioner |
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Pedaldog
Junior Member
United Kingdom
190 Posts |
Posted - 09 May 2008 : 20:24:11
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| I hope I can keep my Nationwide "No Score" Flex account. I have my OR appointment on Monday morning next (12th) so wish me Luck! |
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Dee
Junior Member
United Kingdom
215 Posts |
Posted - 09 May 2008 : 22:06:57
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Me too Pedaldog
Good Luck
Dee |
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Dee
Junior Member
United Kingdom
215 Posts |
Posted - 09 May 2008 : 22:29:05
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Sorry my mistake your OR appoint on Monday, my court date.
Dee |
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Pedaldog
Junior Member
United Kingdom
190 Posts |
Posted - 11 May 2008 : 19:54:03
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Hope all goes well Dee. My court thing was over in about 10 minutes flat! The OR is at 9-30 tomorrow (Monday) morning and I know I am going to get a BRO at the very least. My debts were all waved in front of me a few years ago when I was in the first few years after a Traumatic Brain Injury and I didn't have, and still don't always, the Cognitive powers to look at the long term implications of borrowing. The debts have all been through so many collection agencies that I can't even remember half the original lenders or amounts! I kow roughly what I spent the monies on but, again due to the brain injuries, it was not sensible spending and I am sure the OR will decided that I am fairly responsible for my own situation. The C.A.B. said they could almost certainly get some annulled due to "Irresponsible lending" but that could take a year to eighteen Months.
Sorry to waffle on, I'll report after it's done. |
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Reviva UK
Advanced Member
United Kingdom
2452 Posts |
Posted - 11 May 2008 : 21:20:42
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Hi Pedalong
you may not necessarily get a BRO given the circumstances.
If you can take in some evidence of your accident & recovery and thsi will help. It is also goo if you haven't borrowed further monies over the last year or so .
Good luck tomorrow
Paul Johns
Assisted Bankruptcy Specialists
Reviva UK
www.revivauk.com |
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melanie_giles
Senior Member
1191 Posts |
Posted - 11 May 2008 : 23:05:50
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I doubt very much whether you will get a BRO - especially if you can produce a medical report showing that your irresponsible spending can in part be attributed to your medical condition.
For an informal chat about any financial difficulties, or advice as to the options available, I can be contacted via my website - www.melaniegiles.com |
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Pedaldog
Junior Member
United Kingdom
190 Posts |
Posted - 12 May 2008 : 10:59:38
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| Thanks all. Just had the OR interview on the phone and the Lady was very helpful and helped me through it . They have got a letter from the Consultant Psychiatrist I see explaining what I said about "Cognitive difficulties" so I hope that helps. Will I hear anything else now or is it just sit and wait until it's all over? |
Edited by - Pedaldog on 12 May 2008 11:00:43 |
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JulianDonnelly
Junior Member
United Kingdom
325 Posts |
Posted - 12 May 2008 : 12:11:23
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Hi Pedaldog,
I’m so glad it went ok for you.
Unless they have any further questions for you then I should imagine that is the last you will hear until your six month questionnaire.
Julian Donnelly
Spokesperson for www.Bankruptcyhelp.org.uk |
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m and v
Average Member
United Kingdom
760 Posts |
Posted - 12 May 2008 : 12:17:17
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Good one pedaldog!
Its nice to get over with isn't it!
Vicki x |
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Pedaldog
Junior Member
United Kingdom
190 Posts |
Posted - 12 May 2008 : 14:41:45
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quote:
Originally posted by JulianDonnelly
I should imagine that is the last you will hear until your six month questionnaire.
Julian Donnelly
Spokesperson for www.Bankruptcyhelp.org.uk
Thanks Julian. Already have a few questions!!
1/. What's the 6 month questionnaire made up of?
2/. The OR didn't speak at all regarding my outgoings such as Internet etc. Does that mean that it is all accepted?
Thanks in advance |
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m and v
Average Member
United Kingdom
760 Posts |
Posted - 12 May 2008 : 15:17:30
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My OR didn't go through them either although she did say they all looked reasonable so I assume she was happy with the things and amounts I had put down.
Vicki x |
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Pedaldog
Junior Member
United Kingdom
190 Posts |
Posted - 12 May 2008 : 16:57:11
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Thanks for that Vicki.
Hope all is settled now. |
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JulianDonnelly
Junior Member
United Kingdom
325 Posts |
Posted - 12 May 2008 : 18:40:24
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Hi Pedaldog,
After six months the OR will send out a questionnaire to see if there have been any changes during this period. It will contain another Income and Expenditure so I suggest you keep your current paperwork in a safe place to refer to.
If there have been no changes and an IPO/IPA either is not required or has already been set up then you may be offered early discharge, but you will have to return this within two weeks from receipt to be considered, If you do not respond then you will remain in Bankruptcy for the full 12 months.
Julian Donnelly
Spokesperson for www.Bankruptcyhelp.org.uk |
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Topic |
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Bank accounts
