We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

banking question

I owe money to all 3 banks recommended for bankruptcy. My partner is also going bankrupt, but doesn't owe money to co-op like me and so has just opened a cashminder account as recommended by you guys. If I have my benefits paid into his co-op account, as I owe money to Co-op will this money be taken from his account? TRying to work out where to have my maternity allowance, child benefit and tax credits paid as I owe money to barclays, co-op and post office amongst others. Any advice appreciated :)

Comments

  • dalip
    dalip Posts: 7,045 Forumite
    There have been others on here who have wed barclays and stiil been allowed to open a basic account with them.

    As to your question. I would not have thought they could touch your money as in theory it is his account. See what others think.D
    Free impartial debt advice available from: National Debtline - Tel: 0808 808 4000 | The Consumer Credit Counselling Service (CCCS) - Tel: 0800 138 1111 | Find your local Citizens Advice Bureau
    Laugh at yourself and others laugh with you.Laugh at others and you laugh alone. BSC No 107:D
  • Hi - once you are bankrupt, they can't take any money from you for those debts - assuming you are going bankrupt, that is - from any account, yours, your partners or otherwise. I owed coop - in the form of smile - £860 but i got a cashminder account with no problems.
  • mej24
    mej24 Posts: 200 Forumite
    Part of the Furniture 100 Posts
    I owed Co-Op c£15k and they let me open an acount, tho I think they have changed their ways now.

    As for your partners account, Co-Op will have no right to touch that, and indeed they wouldn't even be aware that it was your money going in their anyway
  • Does Co-op have any affiliation with MBNA? Therefore if you owe MBNA would they not let you open an account? (I only ask because on my credit card statement it says can pay via Co-op so just wondered).
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.2K Banking & Borrowing
  • 253.6K Reduce Debt & Boost Income
  • 454.3K Spending & Discounts
  • 245.2K Work, Benefits & Business
  • 600.9K Mortgages, Homes & Bills
  • 177.5K Life & Family
  • 259K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.