Getting A New Bank Account?

sweedart1

Hi Everyone,


Just wondered should i open a new bank account before i go bankrupt? Also do i tell the new bank im filing for bankruptcy? Any ideas on what bank to go with? Sorry so many questions!!!

Thanks to all for any advice.

Sweedart1

moyilla

Hello

Definetly open an account before you go bankrupt.

Try Nationwide (Flex account ~ no cheque book/overdraft/debit card) or C0-OP Cashminder ~ comes with an electron card)

Hope that helps

Good luck!!

NekoZombie

Whereas I would advise not to, as they may decide to close it when informed of your BR status. I think the best thing to do is open an account on the day of bankruptcy.

savagevixen

Hi,
In my case we applied for the Co-op Cashminder, 10 days before Bankruptcy. As it took 3-4 weeks to open, the wheels were in motion and at least we knew it wouldn't be too long. However I've heard that if you go into a branch of Nationwide/Lloyds or Natwest, you can open an account on the day.
We opted for the Co-op as I prefer the ethical standards they have, and thankfully we were accepted.