Bankruptcy in uk and bank account?
admin | Oct 05, 2010 | Comments 1
I need some advice-i am considering going bankrupt,but there are a link of monthly payments i NEED to keep up.
What happens if i am declared bankrupt? Do i still have access to the current account i use at the moment? Can i still make these payments through this account?
Section of my debt is a personal loan from the bank i hold the account with so if they close my account how am i going to pay the direct debits i need to?
Any aid would be greatly appreciated,along with any other info you might have about bankruptcy.Thankfulness
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try to make all of your monthly payments into one payment and slowly pay it off. InCharge is a non profit company that can aid you with that. Also, you might have to give up some things. A new car might have to be sold off to pay debts and you might have to buy an older one, freeze club memberships, use more coupons and budget more carefully.