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need advice

guccigoo
guccigoo Posts: 483 Forumite
in Bankruptcy & living with it
my dh wants to go bankrupt and has already opened his co-op account but this month his wages was paid into lloyds which he has a loan with, what i want to know is if he transfers his wages over today into the co-op account online can lloyds take it bk somehow? He is worroed about doing it.
I will lose 2 stone by this summer!!!!!!

Comments

  • fermi
    fermi Posts: 40,542 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker Rampant Recycler
    No. They can't take it back.

    I suppose It's possible that Lloyds may question the transfer with the OR once he goes BR. Unlikely, but possible. But as long as it is wages required for living costs etc, then it's not a problem.
    Free/impartial debt advice: National Debtline | StepChange Debt Charity | Find your local CAB

    IVA & fee charging DMP companies: Profits from misery, motivated ONLY by greed
  • dancingfairy
    dancingfairy Posts: 9,069 Forumite
    Presumable he needs that money to pay essential bills with? I would take it out straight away so it is not used to make a payment towards the loan. If he has anything spare he can send a payment towards the loan if he so wishes as a goodwill gesture although if he is going bankrupt soon then it may not be necessary.
    df
    Making my money go further with MSE :j
    How much can I save in 2012 challenge
    75/1200 :eek:
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