Are bank accounts sifted through with bankruptcy

Kgrant82

Hi guys,

I have started filling in the bankruptcy forms online as unfortunately i just cant afford to repay my debts anymore due to my partner losing her job and my work hours changing from shifts to days.

Now the question I have is when the bankruptcy has been filed does the insolvency service go through all accounts or just main payment and bills out account.

The reason I ask is i had a dormant account that a friend paid money into so i could buy him car parts as i work for the manufacturer meaning i get cheaper parts, also I helped a work college with a few side jobs where the money was paid into this account by his customers.

Now I worried that this will cause so many problems going forward, if anyone can shed some light it'd be much appreciated.

Many thanks in advance
kieron

sourcrates

Hi,


Is the account still open ?


All the OR will be interested in is if you have given preference to any particular creditor in recent months, or have been obtaining large amounts of money from a long lost nigerian uncle.


They understand you had a life prior to filing for bankrupcy, as long as no money laundering has taken place, and you dont fence goods for the mob, i wouldnt worry about it.