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Topic starter
17/05/2012 11:47 am
can someone tell will you be able to keep your bank account when you go bankrupt my is with rbs and i dont owe them any money also are bankrupts allowed to have home insurance when you apply for home insurance some firms ask if you have been bankrupt.
17/05/2012 11:57 am
Some firms will add extra to the premium as they regard you as high risk of fraud(yes was told this by several insurance firms!!),others may refuse you.
What kind of bank account do you hold just now?
Paul
Trust deed completed Jan 2012,Trustee discharge Nov 2012.
A new dawn.
Topic starter
17/05/2012 12:03 pm
i have got a select account with rbs pay a fee every month with debit card
17/05/2012 12:18 pm
I think they may look to downgrade the account to a basic one. What stage are you at regarding the bankruptcy?
Paul
Trust deed completed Jan 2012,Trustee discharge Nov 2012.
A new dawn.
17/05/2012 12:21 pm
Hi joe1.
Further to plasticdaft's good advice, I'd suggest downgrading to the RBS basic account.
As well as saving a bit of money that you may find to be very valuable, it will greatly reduce the risk of the account being closed if they find out about the bankruptcy and you no longer qualify to hold the current type of account.
I'm sure you'll be able to get home insurance, but you'll want to disclose the bankruptcy to insurers. Some may consider you to be an additional risk and refuse your business or charge more. Others will be perfectly happy to have your business. Different things are important to different insurers.
Qualified Debt Adviser & Forum Administrator - Ask me anything about Trust Deeds 
Topic starter
17/05/2012 12:28 pm
i am not in bankruptcy i am thinking about doing a DAS if that fails i might go bankruptcy my debt are not big for a TD.
