will my current account be frozen ?

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doormouse

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Post by doormouse » Sun Oct 07, 2007 11:12 am
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will my current account be frozen ?
i pay all other bills ie. rent, gas, ect. Will i still be able to pay them . i also get benifits as i am dissabled into my current account will they be affected?
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Lisa2009

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Post by Lisa2009 » Sun Oct 07, 2007 11:16 am
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Can you explain your situation a little more?
IVA? bankruptcy?
http://mrsskint.blogs.iva.co.uk/ 'Our Story'


Nil carborundum illegitimi
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Lisa2009

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Post by Lisa2009 » Sun Oct 07, 2007 11:19 am
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I think in either you will need just a basic bank account with no overdraft facilities.
If in IVA it will depend whehter or not your current bank is one of your creditors.
http://mrsskint.blogs.iva.co.uk/ 'Our Story'


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Adam Davies

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Post by Adam Davies » Sun Oct 07, 2007 12:51 pm
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Hi
In bankruptcy your accounts will be frozen but it can be only for a day.You are better to organise a new account and have it ready for post bankruptcy.Draw any remaining cash out of your old accounts the day before bankruptcy and arrange wages and DD to go in and come out of your new account post bankruptcy.
Regards


Andy Davie
IVA.co.uk Spokesperson

About me:
http://www.iva.co.uk/andy_davie_profile.asp

IVA Helpline: 0800 197 4838
http://www.iva.co.uk/iva_helpline.asp
Andam Davies
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