www.iva.co.uk

I am trying to complete the BR 30 page form on the Insolvency site and there is a question that I am not sure how to answer so would appreciate help. The question is regarding bank accounts in the last 2 years, I have a bank account at the moment which I understand I should close before attending court for BR so if the question is asking the balance of my account is the answer £0 as it will be when it is closed also it asks if regular income is paid into the account, well my government pension is paid in weekly but if I close the account do I say no? Lastly can I open a new bank account as soon as I leave court as I will need to set up Direct debits for gas, electricity etc and of course arrange for my pension to go to a different account. Your help will be very much appreciated.
Thank you
Lin

PS. I have tried several times to get on to the sister site Bankruptcyhelp.org without success does anyone now if there are problems there?

It's nice to be important but it's important to be nice

Hi Lin,

Having just gone br myself i wil try and help you. Is your bank account a current account or basic if current then you will need to open a new one if basic check with your bank prior to going to court and ask them will you be able to keep it open, I am with Barclays and it did not get freezed and is still open as i have no facilities with this account. My wages are paid into the bank account and it asked what is the balance on my account i put £0 as there is no money left after paying my DD and weekly allowance.

Who do you bank with at the moment.

(I apologise for my keyboards poor spelling and grammar)
http://coco.blogs.iva.co.uk

Hi Lin

You do not need to close this account before you apply for your bankruptcy order, so simply fill out the details of the account and provide the new balance. You will then be able to open up a new bank account once your bankruptcy order has been made, or possible retain your existing account so long as it is not overdrawn.

Bankruptcy site is working fine from my end. Have another go!

Regards, Melanie Giles, Insolvency Practitioner for over 20 years.

For further details contact me at http://www.melaniegiles.com and view my IVA blog at: http://melaniegiles.blogs.iva.co.uk

Thankyou for your answers. To answer your questions coco I have a basic (I think) account with Halifax no overdarft facility, but I do have a cheque book and a debit card -Visa Electron. The thing is Halifax is one of my Creditors although that is for a Credit Card. I obviously do not want them to freeze my account as the money that I have in there is to pay my household bills. I assume I can cancel any direct debits to creditors if I am going BR, is that correct.

Thanks
Lin


It's nice to be important but it's important to be nice

hi lin welcome to the forum, you may find that the halifax may close your account once they know you have had debts with them by way of credit card, what the or told me was that accounts are not frozen, the banks are notified of your Br and it is up to them if they let you keep your account, anything that is in there is forwarded to you by way of cheque, after my BR i opened another account and just transfered everything there, on the day of my interview with the OR i still had lloyds tsb account, he did take my card and cheque book and said they would be forwarded back to me if they kept the account open/
kerri

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

Hi Lin,

As Halifax is one of your creditors it would be unlikely that you will be able to keep the account, prior to BR open a basic account that will remain open after BR check with the bank first. Then you will be ok once you have petioned and it will allow you time to transfer your DD as it is only a basic account which you use for household bills etc it wont be frozen, if you are definately going BR then do not contiune to pay your creditors.



(I apologise for my keyboards poor spelling and grammar)
http://coco.blogs.iva.co.uk