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 bankruptcy postbag for june
 what will happen to my post office savings account
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kathline.h
Junior Member

171 Posts

Posted - 25 June 2008 :  06:36:52  Show Profile  Reply with Quote
what will happen to my post office savings account if i go bankrurt i put my oapension in itand lve out of it

Suzanne
Average Member



United Kingdom
869 Posts

Posted - 25 June 2008 :  09:27:23  Show Profile  Visit Suzanne's Homepage  Reply with Quote
Hi kathline.h
If it is only used to pay in your pension and for general living, it is safe in bankruptcy. The Post Office may freeze it temorarily while the OR confirms there are no large sums in there but they are usually unfrozen fairly quickly.
I have not heard of anyone not being allowed to keep their Post Office account in bankruptcy as there are no credit facilities offered with it.

Suzanne Stocker
Bankruptcy Manager
Jones Giles Ltd
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kathline.h
Junior Member

171 Posts

Posted - 27 June 2008 :  23:37:15  Show Profile  Reply with Quote
thanks for that.
now . how much money does it cost for aperson pension credit .housing benefit. old age pension
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