Have I Made a Boo Boo here??

Pan_3

After much contemplation I have decided that the time has come to enter into a DMP probably through CCCS.

My current bank account is with HSBC and I currently have a managed loan with them approx £4000 outstanding with them. In preperation for the DMP I opened up a current account (credit rating currently o.k ish) with Halifax....I did this as I'm assuming that HSBC will either raid my account or close it dowm once I default on the managed loan.

My debts are the managed loan, a Sainsbury's loan, an AA loan and an AA credit. The AA loan has about 2K outstanding and the AA credit card is maxed at 5K. Anyway, I discovered today that the loan and credit card with the AA are actually financed by the Bank of Scotland which are of course part of the Halifax bank!

My obvious worry is that the Halifax bank will want to close my account with them should I default on the AA card and loan. Is this likely or would they be viewed as seperate things?? Am just really concerned that I am going to be left without any banking facilities which will cause me huge problems.

Any advise on this matter will be greatly appreciated.

CLAPTON

obviously be safe..open another bank account..why take a risk?

also if you want a view about the DMP post a SOA here for people to give views and advice.

SunderlandBlackCat

Theres a list of which banks/creditors are linked here

Pan_3

That would make sense but am just a bit worried about trolling around my home town opening up different bank accounts.

That said, I may well try and open an account with Abbey tomorrow. Do you think it will get picked up on the check that I only opened a Halifax account last week though?