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 IP holding sufficient funds to fund bankruptcy ?
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debs1007
Starting Member

United Kingdom
8 Posts

Posted - 07 August 2010 :  12:48:49  Show Profile  Reply with Quote
I'm seriously considering declaring myself bankrupt as a DMP looks like I will be paying this debts forever!

I just need to know one thing - when I started my failed IVA I was told to open basic bank account - I have a Halifax account and an Electron card so my salary and DD can be paid, therefore will I have to close this account on becoming BR or as its basic can I keep it open or would Halifax freeze it??
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Skippy
forum expert



United Kingdom
3290 Posts

Posted - 07 August 2010 :  15:03:45  Show Profile  Reply with Quote
Halifax aren't BR friendly so you would be better off opening a Co-op Cashminder or Barclays basic account (I can't remember the name of it) if they aren't one of your creditors.

View my blog at http://skippy13.blogs.bankruptcyhelp.org.uk/

Only when the last tree has died, the last river has been poisoned and the last fish has been caught will we realise that we cannot eat money.

Last IPA payment made on 28th June 2010 - it's over at last!
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