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Savings?

alltaken
alltaken Posts: 452 Forumite
edited 8 November 2015 at 11:53PM in Bankruptcy & living with it
Am I allowed to save money that is not used? If I choose to spend less and save money can I safely leave the money in my bank and does the amount within my insolvent period matter?

Thanks

Comments

  • tigerfeet2006
    tigerfeet2006 Posts: 14,030 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    As long as they are reasonable ie: money for holiday/annual bills plus a little more. If it gets past £1k or so then the OR could claim it as an asset and may look at your outgoings. Open a Credit Union account and pop any extra in there. Google Credit Union and your town/county.
    BSCno.87
    The only stupid question is an unasked one
    Loving life as a Kernow Hippy
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