Can I go bankrupt? SOA ADDED

yellowmonkey

Sunny_Bear wrote: »

thank you once again for all of your help, your all amazing people xx

Can I just second that ( If I may ) :T

You will all be sick of me soon , the nearer it looms ( Oh that rhymes )

Good luck Sunny Bear

ym

Sunny_Bear

Thanks all,

Im off to ring National Debt Line now, see what they have to say!

Sunny_Bear

Ok, I rang NDL,

They went thorugh all of the options for me.

Recommended I open a basic bank account now and transfer the rent payments, council tax etc over to it and cancel all other DD for my credit cards etc. Is it best I go for the Coop one? Do I just phone them up.

He talked about IVAs but said I would need a fair bit of money left over, at least £200 to be able to have one.

Talked about DMP, he said to do mt income and expenditure so Im going to do a SOA in a minute and see what you all think!!

Its scary becasue it could all happen so quickly.

philnicandamy

Yep you can ring the co-op and do everything over the phone...or if you have a local branch do it in branch...but remember to tell them of your bankruptcy and that you want to open a "cashminder" accound this is the basic account they offer with online banking and an electron card....the only other basic acc is Barclays..The co-op though very recently have started refusing accounts to people who owed debts to them so as long as they were not one of your creditors you should be ok