Speak to one of our specialist advisors 0808 156 7730

Q&As and Ask an Expert

Can you have a bank account if you are made bankrupt?

10 years ago - Posted by

Can someone please tell me whether you can have a bank account if you are made bankrupt. I need to pay my wages in.

Struggling with debt?

Find out if you are eligible to write off unaffordable debt.

21 Answers

TAD Member

10 years ago

test
hello

TAD Member

10 years ago

good comment

TAD Member

10 years ago

Yes of course you can still have an account on the bank after bankruptcy. It depend on how you handle your debt accounts but you need to consult an expert first for the advices.

TAD Member

10 years ago

Hi,yes you can still have accounts, as long as you know how to manage it well.

TAD Member

10 years ago

A person who declare bankruptcy and decided to open again an accounts would depend on the bank rules and agreement, because some banks will allow second chance to person who went to bankrupt. But the best way is to seek advices from an expert consultants.

TAD Member

10 years ago

yes but its got to be a basic account that just gives you a cash card with no facilitys

TAD Member

10 years ago

iwas made bankrupt over 2 years ago.but need to have a bank account of my own..to have my family allowance and family credits paid into.
have been using my mothers bank account(with her permission)
but feel i should stand on my own feet

TAD Member

10 years ago

I was discharged from bankruptcy 2010, which banks offer an overdraft facility to someone like me?

TAD Member

10 years ago

i have a bank basic account with clydesdale bank and need it so my benefit money gets paid into it, what will happen if i go bankrupt and do i get to keep it? i have no savings

TAD Member

10 years ago

can i keep my basic account at clydesdale bank so my benefit money can get paid into it if i go bankrupt?

If you have a question to ask, please go to 'Ask a Question' to post your enquiry. Thank you.

TAD Member

10 years ago

i went bankrupt nearly two years ago

TAD Member

10 years ago

my wages go in my wifes bank account but she is about to be declared bankrupt can i recliam my wages from the bank?

 

If you have your own question to ask, please go to 'Ask a Question' to post your enquiry. Thank you.

TAD Member

10 years ago

YOU CANNOT BE REFUSED A BANK ACCOUNT BY ANY BANK AS THEY HAVE THE BASIC SO DONT WORRY

TAD Member

10 years ago

Please can you help, I was made bankrupt in 2010, I need to get a bank account with a debit card, direct debits and standing orders, please can someone advise me where I can go to get this typr of account? I am also a hoping to start working for myself, and will need a sole trader account.

TAD Member

10 years ago

Please sign the petition to make a bank account a legal right for bankrupts.

Thank you: http://www.talkaboutdebt.co.uk/petition/bank-account-petition

TAD Member

10 years ago

I went bankrupt in May this year 2009

My account with Barclays was then closed. They did allow me to open a basic account with them though. If i’m honest there is no real difference between my old and new account. I still have a debit card which i can use in shops etc, i can still set up DD and SO.

The only thing they won’t allow me to have is online or telephone banking. I find not having access to online banking really annoying as i am unable to keep an eye on what’s going in and out of my account.
Once i have been discharged they will reinstate both the above.

I contacted Halifax and they won’t touch me until i’ve been discharged.

TAD Member

10 years ago

I am trying to open a (basic) bank account, no frills (overdrafts, S/O, D/D etc), because I have just started work. I have tried 2 Abbey and Halifax. Abbey(In-store), declined. Halifax (letter) say they have used a credit ref agcy to help them decide if I should have an account & unfortunately the result of the search of the agcy’s records they cannot offer me an account at the moment. Why are the bank checking the credit ref agcy’s when I’m not even asking for credit. I was made bankrupt beg of 07, but discharged 6mths after. Please could you possible inform me of any banks or Building Society’s you know of who will be willing to open an account for me.

I look forward to hearing from yourselves.

Donna

TAD Member

10 years ago

i went bankrupt two years ago and i was allowed to open up a basic account with barclays who i was already with

TAD Member

10 years ago

certainley.. try coop cashminder , useful for bankrupts too.

ok

TAD Member

10 years ago

IM VERY CLOSE ON GOING BANKRUPT.
LYODDS AND BARCLEYS DO OFFER ACCOUNTS FOR PEOPLE LIKE US.
OR YOU CAN GET ONE OF THEM PRE-PAID CARDS FROM ANY CORNER
SHOP.
OR PAY IT IN TO YOUR PERANTS ACCOUNT

TAD Member

10 years ago

Yes but they are not easy to find. As a starting point I would have a quick read of these two questions and answers on bankruptcy and bank accounts.

Bank accounts for bankrupts, are there any?

Where can I get a bank account?

Answer the question

Debt solution finder

FREE personal debt advice

Complete our debt solution tool to get FREE individual debt advice now

  • Completely anonymous
  • Free and easy to use
Try our debt solution tool

If you have a question on a particular debt topic, you may find the answer in the questions below or in our full Q&A section.

Request debt help & advice

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Aenean rutrum lacus at magna lacinia efficitur. Sed sodales, diam ac aliquam tristique, urna ligula eleifend lorem.

Our team of specially trained consultants can advise you on the best debt solution based on your current situation. For confidential advice Just fill in the form below and one of our team will call you back




If you consent to us contacting you for this purpose, please tick here

Live Chat

Got a question? Our advisers will point you in the right direction.

  • Monday to Friday, 8am to 8pm
  • Saturday, 9am to 1pm
  • Sunday and Bank Holidays, closed
Launch chat

Call us

Got a question? Our advisers will point you in the right direction.

0808 156 7730
  • Monday to Friday, 8am to 8pm
  • Saturday, 9am to 1pm
  • Sunday and Bank Holidays, closed