www.iva.co.uk

Hi,
My husband and I became bankrupt on Wednesday, my question is:
Will my bank account be frozen?
I have a bog standard account with Abbey, but I've been led to believe this will be frozen. Mine and my husbands wage gets paid into this account, we also have direct debits set up to go out each month.
Do I need to start looking for a new bank?
Do you know of any banks which will take us on?

Please advise.

Many Thanks

Rachel

do you owe any money to the bank you are with now? if not it may be possible that the OR and your bank may let you keep your account, if not lots of people have mentioned co op and i use think banking, but there is a fee of 12.50 for this, they manage the account for you and all your direct debits, if you and hubby both want a card it will be 17.50 per month, it comes with a maestro card.

i am sure others will let you know of any other banks that allow BR's
kerri

Please view my blog at: http://scaredkez.blogs.iva.co.uk/

Co-op and Barclays are the only banks that I know will allow an undischarged BR to open an account, although if you already have an account with Lloyds TSB (and they're not a creditor) you may well be allowed to keep it.

Yesterday is history, tomorrow is a mystery, today is the present - a gift to make the most of.

View my blog at http://skippy13.blogs.iva.co.uk/

Rachel, great advice given to you by Kerri and Skip already, and I would agree that Co-op are probably your best bet, or Think Banking. Any accounts in existence before you were made bankrupt are generally frozen. I hope this helps. D.