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Savings Accounts with Free Banker's Draft Facilities
sandralovescats
Posts: 1,002 Forumite
I have a Halifax savings account which I can use for Banker's Draft if I need them.
When I go bankrupt this account will be closed. I will be unable (I think) to open another savings account with them.
Does LloydsTSB offer this type of account? I cannot find any reference to the BD part of it on the web.
Can anyone shed any light on this?
When I go bankrupt this account will be closed. I will be unable (I think) to open another savings account with them.
Does LloydsTSB offer this type of account? I cannot find any reference to the BD part of it on the web.
Can anyone shed any light on this?
0
Comments
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You need to declare all bank accounts, when you file for bankruptcy. The OR will decide what to do with each account, and will normally allow you to open a 'basic' account, or keep one of your accounts, for salary payments etc.
As it is unlikely that, during you BR period, the bank would allow you to have other than a basic account, you will, unfortunately, probably lose this facility.I am NOT, nor do I profess to be, a Qualified Debt Adviser. I have made MANY mistakes and have OFTEN been the unwitting victim of the the shamefull tactics of the Financial Industry.
If any of my experiences, or the knowledge that I have gained from those experiences, can help anyone who finds themselves in similar circumstances, then my experiences have not been in vain.
HMRC Bankruptcy Statistic - 26th October 2006 - 23rd April 2007 BCSC Member No. 7
DFW Nerd # 166 PROUD TO BE DEALING WITH MY DEBTS0
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