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Royal Bank of Scotland and Natwest - Debts

I need some advice. I'm in Scotland and I'm in the process of declaring myself bankrupt in the next few months (My local CAB office is helping me).

I now have a Royal Bank of Scotland very basic key account (cash card only) and owe about £2000 to Natwest Bank. Natwest have passed this debt on to Wescot Credit Services. On any correspondence, the name of the creditor appears as "Royal Bank of Scotland", even though the original debt is with Natwest. As far as I'm aware, RBS own Natwest but are not a joint company.

What I would like to know is:

1. Do I owe the money to RBS as well, and can they take my money out of my account at will?

2. Should I change my bank account again, just in case?

Hope have written this down clearly. Many thanks.
LBM - May 2008
DFW Nerd # 964

Comments

  • DON79
    DON79 Posts: 3,842 Forumite
    Hi, I think you would be better safe than sorry and change your account as soon as you can, in the meantime, leave only essential money in there, i.e. put it in the day before any direct debits are due to come out etc. Better to be absolutely certain it is safe than worry that the next time you check it, there will be nothing there because they have taken it.
    BSC #215/No.1 Jan 09 Club
  • t0mm
    t0mm Posts: 61 Forumite
    Yes - i'd agree with Don.

    There is a story on here somewhere about someone who had a debt with Barclaycard and a current account with Barclays.

    Although they are separate companies, the upshot was that because they run under the same umbrella (or license) they were entitled to swipe the poor persons entire salary that went into the Barclays account to pay off the debt on the Barclaycard.

    Better safe than sorry.
    Made Bankrupt (debt free!) 26th January 2009 - 2:17pm

    If my post helped you, let me know by clicking the "thanks" button below!
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