Home

Welcome to Debt Free Advice forum, please register if you want to post

Adverts for other sites and/or companies will be deleted


what about my new account

what happens to my new bank account that i have just opened if i go bankrupt ? i was with the natwest but i have a personal loan with them that i cant afford to pay so i was advised that whilst waiting for expert advice to open another bank account which i have done but br may be my only option so what happens to my new bank account does it close do i have to tell them if i do go bankrupt

About your New Account

Good Morning, It is very unlikely that you will have to close your Bank account down. If you decide to go down the financial route of bankruptcy, it would be advisable to be honest with your new bank account provider, as they will more likely be understanding straight from the start of the banking relationship. If you are unfortunate and are made to close the account down there are two banks that will provide bank accounts even though a bankruptcy order has been issued. These banks are Co-operative (Cash minder Account) and Barclays (Cash Card Account). I hope this information helps.

help

unfortunately we dont have either of theses banks anywhere near where i live so now what





Call 0800 954 6518

Search Forum:

 
Helping you get out of debt..
right side image