Some banks ask 'have you been bankrupt'

[callybags]

My friend has applied to open a current account with Natwest, one of the questions was had she been bankrupt? When I last banked with Natwest this wasn't asked on opening an account.

Say years ago you had been bankrupt but it was now off the credit reference files (you had nice clean files) do you think they would turn you down?

 

Anyone had experience of this.

[Conniff]

i would think in todays climate they would have checked any way.

[IdaInFife]

I was with TSB and had to go through hoops to get out my wages each week,

 

Went into RBOS and explained the my circumstances and opened an account straight away and recently the cooperative bank with no probs.

 

 

Idax

[borisbeaver]

Nat West will allow bankrupts to have a step account.

[sequenci]

Nat West will allow bankrupts to have a step account.

 

Will they allow undischarged bankrupts an account?

[Weird Al Yankovic]

Will they allow undischarged bankrupts an account?

 

Would the administrator of the bankrupt allow them a bank account?

[gizmo111]

Would the administrator of the bankrupt allow them a bank account?

 

Of course they are allowed a bank account, albeit only a basic one, just only a few places offer them, Nationwide & Co-op are the popular ones for undischarged bankrupts.

 

Seq - I think NW Step is only for discharged.

[Weird Al Yankovic]

Of course they are allowed a bank account, albeit only a basic one, just only a few places offer them, Nationwide & Co-op are the popular ones for undischarged bankrupts.

 

Seq - I think NW Step is only for discharged.

 

I thought that absolutely anything of a financial nature, once a bankrupt, had to be approved by the administrator?

 

Anyway, this is useful-

 

Bankruptcy - Bankruptcy Bank Accounts

[gizmo111]

I thought that absolutely anything of a financial nature, once a bankrupt, had to be approved by the administrator?

 

Anyway, this is useful-

 

Bankruptcy - Bankruptcy Bank Accounts

 

Not exactly - a budget is worked out and a % of surplus income, if any, is then agreed upon to pay for 3 years and then it is up to you what you do with any money you have left.

[sequenci]

 

Seq - I think NW Step is only for discharged.

 

Oh cool, thanks!

 

The reason I'm interested is that I think Nationwide no long allow undischarged so that doesn't leave many left.

[midge61]

hi

When my hubby was made bankcrupt he was allowed a step account from Nat West.

 

7 years later when his file was clear he went to upgrade it but when he came accross the question "have you ever been bankcrupt?" he answered honestly and said yes and got turned down.

When he went into the branch and spoke to someone they asked when he had been bankcrupt and he explained that he was discharged and his file now clear and she said tick "no" then, so he did and got accepted. She said the question is worded wrong and should be "are you bankcrupt?"