Normally when you are declared bankrupt, any bank accounts that you have will be closed. The account you are currently using will normally be frozen a few days after you have declared bankruptcy. You therefore need to plan to open a new account.

You will have to open a new account with no credit facilities known as a card cash account. Two banks that are normally willing to open accounts for bankrupt people are Co-Op and Barclays. You may also be offered a debit card facility by these banks.

You can open you new account just before or just after you declare yourself bankrupt.

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