Joint bank accounts

devonsdreamer

I have made my BK appointment for monday. I have a joint account with my husband - it is a basic lloyds account and we do not owe them money. My questions are:
if I take my name off the account
will it still be frozen?
will i have to declare it?
I dont want to do anything wrong so all advice will be welcome

Thanks

meech78

My advice is take your name off the account before going BR. As to whether or not you have to declare it, it depends if you are just a signatory on it or an account holder? If you are an account holder, then you have to declare it, if just a signatory on it, then not as you were added to the account that wasn't yours.

Hope that helos and good luck for your BR date!! See you on the other side!:j

devonsdreamer

it is currently a joint account- but i will be taken off tomorrow so will no longer be on the account.

meech78

were you added to the account or was it your partners in the first place?!!!!!

devonsdreamer

we opened it together

meech78

you need to let the or know when he calls you then, any way your partner can open another account before monday and get everything transferred by then?

devonsdreamer

I spoke with debt line and they said if I am not on the account when I pettition for BK then I do not have to declare it. Thanks for your help

welshpaula

meech78 wrote: »

you need to let the or know when he calls you then, any way your partner can open another account before monday and get everything transferred by then?

take the above advice as it took ages for barclays to take my name off joint account and at one point they refused , this was well before my bankruptcy ! so it would be quicker and easier for your hubby to open new account paula x

meech78

crikey, i had completely forgotten how long it took to get name off the account!! As long as you go into your branch, they should remove you by the end of next week but then that will be too late!?

devonsdreamer

I have looked at my online banking and I am no longer abe to acess the account - I will go into branch tomorrow and to the cash point and see what happens.

Thank you for all your advice I really appricate it.
Coming on here daily is what is keeping me calm atm!