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  • FIRST POST
    • NEIL77
    • By NEIL77 19th Apr 17, 3:36 PM
    • 52Posts
    • 6Thanks
    NEIL77
    seperation
    • #1
    • 19th Apr 17, 3:36 PM
    seperation 19th Apr 17 at 3:36 PM
    Hi there,
    My Wife and I are separating and we have a joint account, Halifax have said we need to pay off the O/D first £1700. My query is can I open another account and transfer the OD in just my name or any other advice appreciated (she wants this sorted just as much as me and has agreed 50/50 on everything any advice ?
Page 1
    • PeacefulWaters
    • By PeacefulWaters 19th Apr 17, 3:41 PM
    • 6,700 Posts
    • 8,231 Thanks
    PeacefulWaters
    • #2
    • 19th Apr 17, 3:41 PM
    • #2
    • 19th Apr 17, 3:41 PM
    If you're happy to take on the debt get a 0% money transfer credit card and pay a small fee to get funds transferred to clear the debt.
    • jonesMUFCforever
    • By jonesMUFCforever 19th Apr 17, 3:58 PM
    • 23,886 Posts
    • 11,126 Thanks
    jonesMUFCforever
    • #3
    • 19th Apr 17, 3:58 PM
    • #3
    • 19th Apr 17, 3:58 PM
    Yes you can if your credit profile allows this BUT before doing this make sure that the joint account is formally closed or the other partner could run up the overdraft again, or get the account frozen.
    What goes around - comes around
    give lots and you will always receive lots
    • grumbler
    • By grumbler 19th Apr 17, 5:24 PM
    • 51,388 Posts
    • 21,755 Thanks
    grumbler
    • #4
    • 19th Apr 17, 5:24 PM
    • #4
    • 19th Apr 17, 5:24 PM
    ETA: separation
    My query is can I open another account and transfer the OD in just my name or any other advice appreciated (she wants this sorted just as much as me and has agreed 50/50 on everything any advice ?
    Originally posted by NEIL77
    Yes - if 'another' account has a sufficient overdraft limit.
    Last edited by grumbler; 19-04-2017 at 6:07 PM.
    We are born naked, wet and hungry...Then things get worse.

    .withdrawal, NOT withdrawel ..bear with me, NOT bare with me
    .definitely, NOT definately ......separate, NOT seperate
    should have, NOT should of
    .....guaranteed, NOT guarenteed
    • eskbanker
    • By eskbanker 19th Apr 17, 5:40 PM
    • 5,284 Posts
    • 5,038 Thanks
    eskbanker
    • #5
    • 19th Apr 17, 5:40 PM
    • #5
    • 19th Apr 17, 5:40 PM
    Didn't think grumbler would post on this thread without correcting the title as per the spelling tips in his/her signature, must be in a good mood!
    • grumbler
    • By grumbler 19th Apr 17, 6:08 PM
    • 51,388 Posts
    • 21,755 Thanks
    grumbler
    • #6
    • 19th Apr 17, 6:08 PM
    • #6
    • 19th Apr 17, 6:08 PM
    Damn!

    I did want to correct, but forgot.
    We are born naked, wet and hungry...Then things get worse.

    .withdrawal, NOT withdrawel ..bear with me, NOT bare with me
    .definitely, NOT definately ......separate, NOT seperate
    should have, NOT should of
    .....guaranteed, NOT guarenteed
    • eskbanker
    • By eskbanker 19th Apr 17, 7:15 PM
    • 5,284 Posts
    • 5,038 Thanks
    eskbanker
    • #7
    • 19th Apr 17, 7:15 PM
    • #7
    • 19th Apr 17, 7:15 PM
    Damn!

    I did want to correct, but forgot.
    Originally posted by grumbler
    And there was me naively thinking you were mellowing!
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