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dean69
Starting Member
United Kingdom
10 Posts |
 Posted - 26 October 2009 : 20:11:47
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Today my wife and i were made bankrupt. A few weeks ago we opened a coop cashminder account and transfered all our direct debits over to it. The confusing and worrying thing now is that the OR has told me today that i should of waited until after the bankrupcy and that he will have to freeze it. This afternoon i went into my local cooperitive bank and they told me they dont freeze the account as it is a cashminder one. So i dont know who to believe. With both of our wages going into the account this week we are getting worried.
Has anyone else had this problem? Would be grateful of any feedback,thanks. |
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Housing
Senior Member
United Kingdom
1399 Posts |
Posted - 26 October 2009 : 20:17:09
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Dean,
Hopefully if the staff at the Co-op said it would not be frozen then you will be Ok - I believe if an account is frozen and then unfrozen then it only takes a few days - not sure if I dreampt that or saw it somewhere?!
I opened the Co-op account a few days after so there was no problem - I am sure somebody will post who knows more than me on this - good luck in your BR, Richard
"There are no problems - only solutions..." |
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dean69
Starting Member
United Kingdom
10 Posts |
Posted - 26 October 2009 : 21:12:54
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| Thanks for the reply Richard. The weird thing was that when i tried to explain it was a cashminder account and that the coop have no problems with people who are bankrupt he said he didnt mind if i opened a new account with them, which dont make sense considering i already have one. |
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wellerchic
wellerchic
135 Posts |
Posted - 26 October 2009 : 21:26:41
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Hi
I opened a Cashminder account before BR and was able to keep it open.
Look forward from now on, you have made the first step to a brighter future
Good Luck
G x
There is light at the end of the tunnel, I can actually see it !!!! |
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Richard P
Senior Member
United Kingdom
1701 Posts |
Posted - 26 October 2009 : 21:47:01
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My wife opened her cash minder account 1 month before going BR and still uses it now 4 months after going BR
thank you CO-OP for being understanding
regards Richard |
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Niobe
Administrator
United Kingdom
4590 Posts |
Posted - 27 October 2009 : 11:11:21
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If the bank does freeze an account, the OR usually contacts them within a few days to say they have no interest in the account.
The glimmer gets brighter all the time
Jan
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charlie44
Junior Member
231 Posts |
Posted - 27 October 2009 : 12:26:44
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Hi Dean and good luck for the future, we have opened a Cashminder account and we do not go BR until late November. I did this on advice from one of the experts on this forum, hopefully we have not done the wrong thing? Please let us know how you get on,
John |
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Made bankrupt today.
