bank accounts for discharged?

leebaker317

Ive been discharged from bankruptcy on 16th Nov 2007.

Is the list of undischarged accounts the same for discharged?

Ive had a form stating that im discharged but what exactly does that mean? Is the slate as it were wiped clean? Obviously if i won the lottery tomorrow i expect id have to pay monies back?

Anyone help?

Cheers in advance

Lee

Conor_3

The slate isn't wiped clean - all your previous missed/late payments etc remain on your credit records.

philnicandamy

The discharge letter means that the OR has concluded his/her investigations, any restrictions imposed during BR are now over, BUT the BR as connor helpfully as ever states will stay on your credit files for a maximum of 6 years making credit a little difficult to obtain, although it is out there but usually at sky high rates of interest. It would be worth checking your credit files & making sure everything is as it should be (easy to tidy up if information is incorrect)

Have a read of a sticky here

http://bankruptcy.informe.com/viewtopic.php?t=192


And congrats on the discharge

Phil

leebaker317

ok thanks for the help.

what about bank accounts though?

philnicandamy

leebaker317 wrote: »

ok thanks for the help.

what about bank accounts though?

Depends...some banks will consider some will turn you flat down, if you have a current basic bank account its sometimes worth asking if this can be "upgraded" the banks may insist on you keeping a good account history for a few months before they will even consider an account upgrade. Until the BR drops off your credit files you'll be pretty stuck with what you can find really