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starting a DRO
Midslad27
Posts: 144 Forumite
Hi. Ive got a barclays cash card a/c and no debt with them will my account remain open and do i need to tell them
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Comments
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Hello there,
As far as I'm aware you should be OK to keep the account. You are under no obligation to inform Barclays although they are likely to discover the DRO as they run periodic insolvency reports. All that said, Barclays are arguably the best bank to be with for those looking to become insolvent - as they usually allow people to keep their accounts.
Best wishes,
David @ NDL.We work as money advisers for National Debtline and have specific permission from MSE to post to try to help those in debt. Read more information on National Debtline in MSE's Debt Problems: What to do and where to get help guide. If you find you're struggling with debt and need further help try our online advice tool My Money Steps0 -
National_Debtline wrote: »Hello there,
As far as I'm aware you should be OK to keep the account. You are under no obligation to inform Barclays although they are likely to discover the DRO as they run periodic insolvency reports. All that said, Barclays are arguably the best bank to be with for those looking to become insolvent - as they usually allow people to keep their accounts.
Best wishes,
David @ NDL.
Thankyou. Its a nervous time im starting to deal with my debts no more hiding from it. Having a bank account is important thats why i asked0
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