Hi I was told to open a Co-Op cashminder account as this is the one bank that is Ok when you are Bankrupt. You get a debit card and can have your salary paid in d/d etc. The Halifax froze my account as soon as the bankruptcy was advertised So I would close your exsiting accounts before the advertisement, Or take your money out. Otherwise you have to get a letter from OS to unfreeze account and then go into your branch give in the letter and then get moey out.
Yes, there are several banks who now open accounts specifically for bankrupts - the co-op bank and Nationwide are the best. It is worth speaking to your bank and advising them of your impending bankruptcy. If they do close your account, they are obliged to pay you any balance in the account. The problem here, and the Offic
ial Receiver will reiterate, is that it is entirely up to the banks what they do eith your bank account. The OR has no interest in the account, unless there are excessive amounts in the account.
When to open new bank account?
Posted - 13 May 2008 : 14:52:46
