Quizzes & Puzzles1 min ago
How can I get my State Pension paid to me if I have no access to a bank account?
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First of all, many thanks for the answers to my previous question. Here are two more:- A. If I am declared bankrupt I will have no access to a bank account in which to pay my state pension. What can I do in such a situation? B. I have been told that if my only income is from my State Pension, I cannot in fact, be made bankrupt, is this true?
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For more on marking an answer as the "Best Answer", please visit our FAQ.I answered your previous post. Did you check the position with the Post Office? If not, I suggest again that you do so, because I think it is very likely you will be able to go on using their account.
Alternatively, there are 2 banks which give basic accounts to bankrupts - Co-op & Barclays. Provided you don't owe money to one of those, you could open an account. With Co-op you can do this before you go bankrupt, but make it clear to them when you open it that you will become bankrupt and need to be able to use the account after that happens. Incidentally, I think that with the Co-op account you can withdraw cash at Post Offices, but check that with them.
It is completely incorrect to say you cannot go bankrupt if your only income is state pension.
Alternatively, there are 2 banks which give basic accounts to bankrupts - Co-op & Barclays. Provided you don't owe money to one of those, you could open an account. With Co-op you can do this before you go bankrupt, but make it clear to them when you open it that you will become bankrupt and need to be able to use the account after that happens. Incidentally, I think that with the Co-op account you can withdraw cash at Post Offices, but check that with them.
It is completely incorrect to say you cannot go bankrupt if your only income is state pension.
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