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Prepaid cards - Need to be declared to OR?
 
            
                
                    ascot64                
                
                    Posts: 146 Forumite                
            
                        
            
                    I have a PayPal prepaid card with a few hundred on it. Is that an account that needs to be declared to the OR?                
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            Comments
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            If it was opened pre BR, then yes.:pB&SC No. 298
 Life`s Tragedy is that we get OLD too soon
 and WISE too late!0
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            Explain to them as well what the card is....some OR's get a little confused sometimes & think they're a credit card which they are notWe all die. The goal isn't to live forever, the goal is to create something that will0
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            Its quite ok for you to use a pre paid card, but as you have cash on it this amount would need to be declaredHi, 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.0
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