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rollercoaster
Junior Member
United Kingdom
327 Posts |
 Posted - 08 July 2008 : 16:32:19
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looking at filing for BR next month. My OH and i have a joint basic cashminder account with the co op, is it best for me to inform them of impending BR to try and make sure that the account is not frozen, it is our only account with wages in and DD out. (co op not creditor)
Also pre BR is it sensible for me to make sure mortgage payments etc go out before petition day to ensure that they will receive payment or does the OR realize that the money in there is for that commitment and allow you to keep it to meet expenses.  |
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rollercoaster
Junior Member
United Kingdom
327 Posts |
Posted - 08 July 2008 : 17:19:35
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| also: as we are both going bankrupt and our bank accounts have been joint, how do we explain the details of debt accumulation in the separate OR interviews, its very difficult to remember who was exactly responsible for what and i dont want them to think that we are giving conflicting information, being dishonest or trying to hide anything (I am more comfortable with this than my OH, (he gets very nervous and flustered when speaking to people, im alright, its my job to interact under difficult situations) |
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rollercoaster
Junior Member
United Kingdom
327 Posts |
Posted - 08 July 2008 : 17:35:26
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| oops sorry, and another one, if we contact the court do we get to choose a date for petition or do we have to wait for them to give us one?? |
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rollercoaster
Junior Member
United Kingdom
327 Posts |
Posted - 09 July 2008 : 08:01:03
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Ian Richards
Junior Member
United Kingdom
296 Posts |
Posted - 09 July 2008 : 08:48:27
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Hi
The court will tell you the first appointment available. |
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Suzanne
Average Member
United Kingdom
869 Posts |
Posted - 09 July 2008 : 08:48:47
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Hi rollercoaster
Don't worry too much about the bank account situation. The bank will normally freeze the account on being notified of the bankruptcy order, but as long as the OR gets the info he needs from the bank (ie that you don't have a stash of cash) then it can be unfrozen quite quickly.
As long as you tell the truth, you have nothing to worry about. Just tell them that you both spent the money, and as long as there a no large withdrawals you are unable to explain you should be fine.
Not sure about the court, I suppose it depends on how busy they are. I would hope the smaller ones would be a bit flexiable with the dates though.
Suzanne Stocker
Bankruptcy Manager
Jones Giles Ltd
www.jonesgiles.co.uk
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Ian Richards
Junior Member
United Kingdom
296 Posts |
Posted - 09 July 2008 : 08:58:33
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| Just to add, with some courts you just turn up on the day. |
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maizie
Average Member
United Kingdom
566 Posts |
Posted - 09 July 2008 : 09:09:44
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Hi Suzanne
You say no large withdrawals? I take out all my money each month when I get paid... although leave enough in there for my phone bill and car insurance. The rest I take out and distribute between different envelopes i.e. rent, petrol, car tax etc etc. Would this still be ok?
Maizie |
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JulianDonnelly
Junior Member
United Kingdom
325 Posts |
Posted - 09 July 2008 : 18:02:27
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Hi Mazie,
I believe Suzanne is referring to unsusual transactions. If you'd built up £10k (for exapmle) and withdrew it in one lump sum the day before your BR, the OR would have a problem with this. However, if your behaviour is the same month in and month out (and can be verified by your bank statements), I'm sure the OR wouldn't have a problem.
Regards
Julian Donnelly
Spokesperson for www.Bankruptcyhelp.org.uk |
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bank account pre BR
