when you file for bankruptcy you cant have...

[steve l]

...a bank account would they find out if you had one and didnt use it? thanks for your help make sence to declare it then to be on the safe sidei also have a joint account with my with would they want to know about that also? or is it best to just put the account in here name only before i file for bankruptcy?

[Chris45]

Get an offshore account, just to be on the safe side.

[dels replies]

Probably, but if not used and no balance in it then wouldnt matter much.. I there was money in it and not declared then that is a serious matter. I think the bank would advise the authorities.

[joker_32605]

That would be foolish on your part. Open an account when it is over. Lying can cause your debts to not be discharged.

[Stephen P]

if you keep the account and use it after you are discharged you run the risk of having your money seized. The bank will most likely close the account as they regulary do credit searches. You can still get a basic bank account after bankruptcy.

[Mental Mickey]

Not sure where in the world you are, but in the UK at least you CAN have a bank account - in fact, even if you are out of work and on benefits you have to have a bank account as this is the only way they are paid these days. The banks don't advertise the fact but by law they have to offer what is called a "basic" account with no frills especially for bankrupts.Whatever you do, don't lie to the official receiver. Declare everything. Don't add fraud to your list of problems.

[Tumbledown Teddy]

Why Bankruptcy Have you thought about an IVA there are plenty of companies out there also Bankruptcy will affect your credit rating in years to come

[FRANK R]

Yes they could find out. That is especiallly true if it is an interest bearing accounnt. The bank files statements with I.R.S. for interest. This would be fraud. There is no statute of limitations for fraud. Thus, legal action could be taken many years from now.(In other words, it would always be haunting you.) When the fraud ois discovered, it opens the door for othere things to be investigated.The fraud, if prosecuted and convicted, would disqualify you from many things: jobs, many volunteer organizations, etc. It would be onne record, and banks could deny the opportunity to do business with them. In other words, you could be denied the opportunity to open an account.How do you think you would be able to restore credit, if criminal fraud is added to the bankruptcy? I am a mortgage broker. I know that is sufficient reason to turn down a loan.