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ISAs/Savings when bankrupt

does anyone know if there are any restrictions on holding ISAs or savings accounts when you have been declared bankrupt?

do any banks/ISA providers do credit checks and not accept this?

ta,

Comments

  • tigerfeet2006
    tigerfeet2006 Posts: 14,030 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    You will fib=nd you won't be able to get an ISA while BR. The Yorkshire Building Society do an internet saver that a lot on here have got.

    You have to be careful not to save too much just your allowances for MOT, holiday etc. any more and the OR can seize it as an asset.
    BSCno.87
    The only stupid question is an unasked one
    Loving life as a Kernow Hippy
  • gavinm79
    gavinm79 Posts: 19 Forumite
    sorry the person concerned has been DISCHARGED now - i should have said. whats the score in that scenario?

    thanks again
  • fiveyearplan
    fiveyearplan Posts: 10,145 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    If the person has been discharged then they could get an ISA if any bank will let them open one.

    :j :j


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