Debt relief order

edited 21 January 2021 at 4:21PM in Bankruptcy & Living With It
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WaynetomWaynetom Forumite
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edited 21 January 2021 at 4:21PM in Bankruptcy & Living With It
If I do a debt relief order would it affect my bank account 

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  • edited 21 January 2021 at 4:59PM
    sourcratessourcrates Forumite
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    edited 21 January 2021 at 4:59PM
    Not unless you have debt with the same bank or financial institution.
    However it’s always good practice to switch to a basic bank account, with an insolvency friendly bank.
    Coop, Nationwide, and Monzo are three of the best.
    Ex Board Guide.
    “A man who pays his bills on time is soon forgotten. - Oscar Wilde"
    “If you owe the bank $100 that’s your problem. If you owe the bank $100 million, that’s the bank’s problem.” -JPMorgan Chase"
    "I don`t trust Bankers, I don`t trust Banks, and I don`t trust you. -Private Frazer"
    For free debt advice, contact either : Stepchange, National Debtline, CitizensAdviceBureaux.
  • ExperHRExperHR Forumite
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    Not unless you have debt with the same bank or financial institution.
    However it’s always good practice to switch to a basic bank account, with an insolvency friendly bank.
    Coop, Nationwide, and Monzo are three of the best.
    I have been offered a DRO with salary of £30K.
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