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  • FIRST POST
    • Happy_bunny
    • By Happy_bunny 9th Oct 17, 9:42 PM
    • 412Posts
    • 245Thanks
    Happy_bunny
    Urgent query re account freezing..
    • #1
    • 9th Oct 17, 9:42 PM
    Urgent query re account freezing.. 9th Oct 17 at 9:42 PM
    Been declared BR today, Monday and expecting my bank account to be frozen BUT have found out I'm being paid a week earlier than I expected from WTC and DLA - Tomorrow in fact!

    This is my food and rent money for the next three weeks so am panicking!

    Is my account already frozen? Will I be able to use either my card or cash machines tomorrow?

    The BR shows as approved on the application but I've not heard from the OR yet

    Please help as I can only find a 'possible / worst case' scenario online
Page 1
    • DCFC79
    • By DCFC79 9th Oct 17, 9:56 PM
    • 30,399 Posts
    • 19,220 Thanks
    DCFC79
    • #2
    • 9th Oct 17, 9:56 PM
    • #2
    • 9th Oct 17, 9:56 PM
    Why not go to a cashpoint and withdraw as much as you can.
    Can people stop loaning money/being a guarator to family/friends, it rarely ends well and you lose out as your money is gone or you get shafted with being a guarantor.
    • Happy_bunny
    • By Happy_bunny 9th Oct 17, 10:02 PM
    • 412 Posts
    • 245 Thanks
    Happy_bunny
    • #3
    • 9th Oct 17, 10:02 PM
    • #3
    • 9th Oct 17, 10:02 PM
    Why not go to a cashpoint and withdraw as much as you can.
    Originally posted by DCFC79
    I'm planning on doing it as soon as it hits my account - the problem is that it will be credited at 9:00 tomorrow! Wondered if anyone knew if there was a timeline for freezing to happen
    • thatchamlad
    • By thatchamlad 9th Oct 17, 10:11 PM
    • 65 Posts
    • 19 Thanks
    thatchamlad
    • #4
    • 9th Oct 17, 10:11 PM
    • #4
    • 9th Oct 17, 10:11 PM
    It won't be frozen immediately, it normally takes a few days and the OR needs to notify the bank if they have any objections to you keeping the account or not. Then its down to the bank to decide.

    I got made BR on the 6th september and my account is still open.

    Just withdraw the max you can each day or go to the branch tomorrow and withdraw the lot. Open a nationwide Basic account which they will be fine with and deposit the cash in there.
    • Happy_bunny
    • By Happy_bunny 9th Oct 17, 10:18 PM
    • 412 Posts
    • 245 Thanks
    Happy_bunny
    • #5
    • 9th Oct 17, 10:18 PM
    • #5
    • 9th Oct 17, 10:18 PM
    Open a nationwide Basic account which they will be fine with and deposit the cash in there.
    Originally posted by thatchamlad
    Thanks, Do I NEED to open a new / Basic account? I have no debt with the current bank - Halifax, now or past, & the account gives me no credit facilities, Just a standard Visa type card.

    Seems a nightmare if I have to change all my DD's and benefit/work payments into my account?!
    • thatchamlad
    • By thatchamlad 9th Oct 17, 10:23 PM
    • 65 Posts
    • 19 Thanks
    thatchamlad
    • #6
    • 9th Oct 17, 10:23 PM
    • #6
    • 9th Oct 17, 10:23 PM
    Thanks, Do I NEED to open a new / Basic account? I have no debt with the current bank - Halifax, now or past, & the account gives me no credit facilities, Just a standard Visa type card.

    Seems a nightmare if I have to change all my DD's and benefit/work payments into my account?!
    Originally posted by Happy_bunny
    You don't need to but i am also with Halifax and as i mentioned, my original account is still open atm. I opened one after i was made bankrupt as i was advised that Halifax are one of the most unfriendly banks towards bankrupt customers. Like you i have no debt with them but i wasn't willing to take the chance all my money was frozen.

    The online application for Nationwide has the basic account which is good for those who are bankrupt, it even asks if you are in the process or have been made bankrupt. I was approved instantly.

    Its not a NEED to do it, but i certainly would for peace of mind
    • KJ2886
    • By KJ2886 9th Oct 17, 11:29 PM
    • 42 Posts
    • 8 Thanks
    KJ2886
    • #7
    • 9th Oct 17, 11:29 PM
    • #7
    • 9th Oct 17, 11:29 PM
    I had a reward current account with Halifax, no overdraft and no debt with them previously, the OR wrote to the bank about my bankruptcy and said they had no interest in the account and to release any funds in the account and allowed continued used of the account. But Its up to the banks if they freeze it and Halifax said they would, they couldnt downgrade it to a more basic one had to have it closed and a new one opened!
    Took a couple of weeks for my account to get frozen tho
    • NordicLordic
    • By NordicLordic 16th Oct 17, 9:57 AM
    • 4 Posts
    • 1 Thanks
    NordicLordic
    • #8
    • 16th Oct 17, 9:57 AM
    • #8
    • 16th Oct 17, 9:57 AM
    Hello,

    It is advisable to change bank accounts over & to start with a clean slate. I now have a basic bank account with Nationwide and I cannot fault them. They have been nothing but helpful and kind when dealing with me everything sorted out very quickly and I had a new card within a week.

    I paid all my essential bills and then took out remaining money in my bank account to live off - fuel/shopping/childcare bill and the OR never batted an eyelid about it during my phone call.

    Definately get in touch with Nationwide about moving your DD over for you they might arrange it all for you. I ended up doing it all myself and it wasn't as bad as I thought it would be.

    Good luck, it does get easier... I was made BR 2nd October and the first 2 weeks I was very anxious and stressed out but that seems to be lessening now, trying to view it as a fresh start.

    Although, I have some pretty major things going on in my family life on top of BR so I'm amazed I'm still with it! - the last 2 months have been the very worst of my life but I think I'm through the worst now. One day at a time x
    • TheGardener
    • By TheGardener 16th Oct 17, 2:22 PM
    • 2,171 Posts
    • 2,056 Thanks
    TheGardener
    • #9
    • 16th Oct 17, 2:22 PM
    • #9
    • 16th Oct 17, 2:22 PM
    It took nearly 3 weeks for the OR to notify my bank of the BR - and a further 2 weeks before the bank actually did anything about it but maybe it happens faster now its all online but even then, I would think you should be ok until tomorrow - just draw it all out as soon as it lands in the account tonight.
    • Happy_bunny
    • By Happy_bunny 17th Oct 17, 8:54 PM
    • 412 Posts
    • 245 Thanks
    Happy_bunny
    Don't Panic....!
    Mad dash to bank at 9am to withdraw almost all money - left a tenner in as emergency cash - week later still not frozen and used the tenner to buy dinners for the week!

    Thanks all
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