Been to Court Today

relaxsoon

Hi all Thanks for all the support ,

all went well . drove all the way there and handed in forms ,
then i was sent to see judge didn't have to wait too long , got asked a few questions . Declared bankrupt !!!!!

So when do my accounts freeze etc ???

also what do i do about a account like setting up a new one can i do this now or do i have to wait until my old one has been freezed closed down ??

as all the debt was in the one bank .

NekoZombie

Hiya!

It can take forever for your accounts to freeze. I was made BR in March, and HSBC only just froze the account! As long as you don't use it for anything, it'll be fine, but be aware that correspondence from your creditors may continue for a few months.

You can open a new account as soon as you wish, as long as its basic banking facilities.

relaxsoon

well does it count if i bought some lunch after court ???

wherediditallgo

Yes it does count, but you may be OK provided you didn't spend a fortune & provided you hadn't been given your BR order confirming that you were now BR. Once you're declared BR, your accounts & everything in them belong to the OR so you shouldn't touch them at all, especially to take money out. That's why it's essential you withdraw all the money you're going to need beforehand, as once you've got your stamped documents, the money isn't yours to take - not even for lunch.

relaxsoon

ok it was not much well i didnt know . well a big lesson has been learned today and for the rest of my life now . What are the best bank accounts to join now ???

wherediditallgo

There's some info in the sticky at the top of the forum here.

wherediditallgo

Out of interest, how much is "it was not much", & had you already been given your BR order with the date & time stamped on it? If you had, you might be advised to tell the OR you did it. I suspect most ORs will be OK with it, but some seem to have a vice-like grip on the rules & you may be pulled up over it, as you should have been aware that you can't touch your bank account once you've got that stamped document in your hands. Better that the info comes from you rather than they find out for themselves.

If you haven't sorted out your direct debits etc, you'd better cancel them first thing tomorrow (if you can't do them via telephone banking tonight), before the bank's informed that you're BR. If you don't & your direct debits go unpaid, the charges for them will have arisen after your BR date & they won't be covered by the bankruptcy.

relaxsoon

its was £11.50
yes i had the date and time stamped on it . i did it by mistake habit paying via card . i have like you said gone online and canceled direct debits etc
what do i do about my mobile phone bill etc will them be informed as i am canceling direct debit now ???!!!!

wherediditallgo wrote: »

Out of interest, how much is "it was not much", & had you already been given your BR order with the date & time stamped on it? If you had, you might be advised to tell the OR you did it. I suspect most ORs will be OK with it, but some seem to have a vice-like grip on the rules & you may be pulled up over it, as you should have been aware that you can't touch your bank account once you've got that stamped document in your hands. Better that the info comes from you rather than they find out for themselves.

If you haven't sorted out your direct debits etc, you'd better cancel them first thing tomorrow (if you can't do them via telephone banking tonight), before the bank's informed that you're BR. If you don't & your direct debits go unpaid, the charges for them will have arisen after your BR date & they won't be covered by the bankruptcy.

Posthinking

If you can afford to, keep the moby and make arrangements to pay another way, I do it online via my Nationwide account. Depends how much you pay monthly whether the OR will allow for it or whether some of the cost will have to be met from your surplus income. Keeping a mobile contract, and most providers will let you, will ultimately improve your credit rating, as long as you pay on time of course

relaxsoon

well its £50 quid a month i dont really want a contract so does that get written off then the contract ???

Posthinking wrote: »

If you can afford to, keep the moby and make arrangements to pay another way, I do it online via my Nationwide account. Depends how much you pay monthly whether the OR will allow for it or whether some of the cost will have to be met from your surplus income. Keeping a mobile contract, and most providers will let you, will ultimately improve your credit rating, as long as you pay on time of course

Posthinking

I believe, and someone will come along soon who knows, that it can only be included in BR if the account is in arrears at the time of your BR. If I'm right then I know of peeps who have just phoned their provider, told them the situation and had the contract cancelled there and then