Coop Bank

now

http://www.guardian.co.uk/business/2013/may/13/cooperative-bank-uncertainty-size-capital-shortfall

now

alastairq wrote: »

I'm not sure what those links add to the debate?

Well take time to read them and maybe you might understand that people are finding it hard to open accounts, Dojoman asked to be pointed in the direction of these posts well here they are.

Most people are not idiots just a select few it appears

now

http://www.theweek.co.uk/prosper/53470/co-op-bank-crisis-could-bond-holders-lose-money

now

Coop have just confirmed that they will not accept accounts from people about to declare BR or people who are undischarged

luvchocolate

that announcement was made last September and the advice given on here is to open the account prior to br and no need to mention the possibility of br in the future, nothing has changed.

alastairq

now wrote: »

Coop have just confirmed that they will not accept accounts from people about to declare BR or people who are undischarged

You have stated what everybody on this forum has know since last year!

Nothing has changed, nothing prevents anybody applying for, and opening, a Cashminder account with Co-op!

Providing [as is already common knowledge]....the applicant....is NOT an Undischarged BR!


There is no such 'official' situation as ''about-to 'declare'-BR''! [the individual does not 'declare' BR. The individual petitions the Court for bankruptcy..the Court grants the petition.]

Therefore, until the Judge stamps the petition, BR does not exist.


It's the same with Divorce. One can go around saying 'I am going to get divorced'....but one is not actually divorced, for all legal purposes, until the Nisi & Absolute are granted.

In the same way, the intention of becoming a BR can be reversed right up to the very last moment......when the Judge asks 'are you sure?'

A BR petition can be refused by the Court.....what then? How can one be 'about' to become BR, if the Court itself refuses to grant the petition?

Applicants for Co-op Cashminders , who are not actually Undischarged BR....and who have had their applications refused, have other reasons for that refusal.

Often, the Applicant is unaware of the ability to get the Adviser to 'appeal' the computer decision [for that is essentially what it is]....

dojoman

now wrote: »

http://www.moneysavingexpert.com/news/banking/2012/09/Co-op-blocks-bankrupts-from-bank-accounts

Old news!!!!!

dojoman

now wrote: »

https://forums.moneysavingexpert.com/discussion/319736

Please read post 1931

Are they BR? the reason that no debit card was issued could be down to any number of reasons none of which have anything to do with being BR.

dojoman

now wrote: »

Coop have just confirmed that they will not accept accounts from people about to declare BR or people who are undischarged

Wow, more old news.

dojoman

now wrote: »

http://www.guardian.co.uk/business/2013/may/13/cooperative-bank-uncertainty-size-capital-shortfall

Where does it state that the Coop will have to stop trading?