New bank account when on dmp

Willis0000

I have just applied for a new current account in my sole name with Natwest. This has been approved even though I am currently in a dmp. I opened the account as my current bank has shut all my local branches.

I have however now just realised that Natwest is linked to RBS and my partner owes money on a mint card which is included in our dmp. The current account is in my sole name therefore does this mean that they can not take any of the remaining debt out of my account. Will I be ok to go ahead and use it?

Our dmp has less then 12 months remaining.

cmcavon

Personally I wouldn't use an account linked in any way to any of your creditors. It's not worth the risk in my opinion.

sourcrates

Hi,


You may as well of picked a random strangers name and asked the same question, debt does not transfer between people, exception being a joint debt, if the debt is solely in your partners name, then they cant, and wont, ever take what's owed from any account that's solely in your name, so don't panic.


The right of set off, as its called, means the bank has certain rules it must follow before money can be taken from a debtors account, the last time I looked I believe the min amount it can leave you with is 5k, so they cant just help themselves.

Willis0000

Thanks sourcrates that has helped put my mind at rest.