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money taken after bankruptcy

rar4nic
rar4nic Posts: 9 Forumite
in Bankruptcy & living with it
once you are made bankrupt can the bank use any money that comes into your account to offset debts, before they know you are bankrupt.

thanks

Comments

  • debtinfo
    debtinfo Posts: 7,012 Forumite
    edited 15 January 2010 at 10:29PM
    They may take any money you hold with them on the day of the bankruptcy to offset against the debt.

    They can not take anything deposited after the bankruptcy order
    Hi, im Debtinfo, i am an ex insolvency examiner and over the years have personally dealt with thousands of bankruptcy cases.
    Please note that any views i put forth are not those of my former employer The Insolvency Service and do not constitute professional advice, you should always seek professional advice before entering insolvency proceedings.
  • philnicandamy
    philnicandamy Posts: 15,685 Forumite
    10,000 Posts Combo Breaker
    Depoited?....:p;):D
    We all die. The goal isn't to live forever, the goal is to create something that will
  • debtinfo
    debtinfo Posts: 7,012 Forumite
    philnicandamy wrote: »
    Depoited?....:p;):D

    oops, it's the keyboard honestly:rolleyes:
    Hi, im Debtinfo, i am an ex insolvency examiner and over the years have personally dealt with thousands of bankruptcy cases.
    Please note that any views i put forth are not those of my former employer The Insolvency Service and do not constitute professional advice, you should always seek professional advice before entering insolvency proceedings.
  • rar4nic
    rar4nic Posts: 9 Forumite
    the whole story is the account had a payment going into it that i couldnt get in touch with the people who were sending the money to cancel and each month the bank were adding overdraft interest to the account meaning i couldnt take any of the money, so technically they havnt offest it against debt they have used it to cover that months charges but after bankruptcy should all charges and interest have stopped?

    if so is there any way i can get thay money back? they now know about the bankruptcy and have frozen all accounts
  • philnicandamy
    philnicandamy Posts: 15,685 Forumite
    10,000 Posts Combo Breaker
    debtinfo wrote: »
    oops, it's the keyboard honestly:rolleyes:

    I believe you...thousands wouldnt!:D:D:D:D:D

    (although you should see some past posts with me....sober as a judge but unfortunatley with voice software the way this is I might as well be speaking klingon)
    We all die. The goal isn't to live forever, the goal is to create something that will
  • debtinfo
    debtinfo Posts: 7,012 Forumite
    did the money go into the bank before or after the bankruptcy order.
    Hi, im Debtinfo, i am an ex insolvency examiner and over the years have personally dealt with thousands of bankruptcy cases.
    Please note that any views i put forth are not those of my former employer The Insolvency Service and do not constitute professional advice, you should always seek professional advice before entering insolvency proceedings.
  • rar4nic
    rar4nic Posts: 9 Forumite
    after, on the first of every month but the interest was also added on that date so could never withdraw the money
  • debtinfo
    debtinfo Posts: 7,012 Forumite
    If the money went in after then they should give you it back, they had no right to confiscate it or use it to pay anything
    Hi, im Debtinfo, i am an ex insolvency examiner and over the years have personally dealt with thousands of bankruptcy cases.
    Please note that any views i put forth are not those of my former employer The Insolvency Service and do not constitute professional advice, you should always seek professional advice before entering insolvency proceedings.
  • rar4nic
    rar4nic Posts: 9 Forumite
    so they have now frozen the account presumably before they write them off, do you think they will automatically send the money back to me or can i ring them about it?

    thank you for your help so far
  • philnicandamy
    philnicandamy Posts: 15,685 Forumite
    10,000 Posts Combo Breaker
    IF its going into an account thats been included in your bankruptcy and AFTER your bankruptcy monies are still going in as debtinfo said this is wrong.....you need to contact your official receivers office and let them deal with it from now

    I doubt the bank will send you the cash without asking..
    We all die. The goal isn't to live forever, the goal is to create something that will
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