Post Bankruptcy and Offsetting

4ordonian

Hi all,

I went bankrupt in late Jan (I applied, paid the money and so on) and have since opened a new basic account with Barclays given that Coop have stopped accepting applications from undischarged bankrupts.

One of my debts was on a Barclaycard but was declared in the bankruptcy and since the order I've updated my details with my employer to pay my salary into my new account. However I've been left wondering if Barclays can use the offsetting rules to pay from the new account against the card debt or not?

I don't think they can as it should be included in my bankruptcy and therefore they're one of my creditors but I'm not 100% sure I'm right in thinking that.

Apologies if this is written up somewhere here and I've managed to miss it, just been having a look around and didn't see anything.

Thanks in advance for any advice!

mysterio_2

if this is an account opened AFTER you declared bankruptcy..the offset rule isnt allowed

if they did try & get any cash they'd be in a world of trouble from the receivers offices

4ordonian

I thought/ hoped that would be the case, the logic behind the nature of going bankrupt would makes sense for it to be.

Still wanted to check with people in the know for certainty!

Thankyou!