| If you have ever been declared bankrupt, then you | | | | some rules and conditions for you to stick by, but |
| will agree with me that the whole situation puts you | | | | this is better than staying without a bank account. |
| in a very awkward position. This is because it | | | | Remember you need the account so that you can |
| becomes very easy to lose everything that has your | | | | be able to carry out transactions that will require the |
| name on it, including your bank account. If this | | | | use of checks. You will also need it for the purposes |
| happens, it is very easy to become stressed and | | | | of receiving your salary and other wages. |
| give up, but before you get to that point, take a | | | | The new account may not guarantee you eligibility |
| look at the available alternatives. | | | | for loans. It may take up to three years before the |
| To begin with, if you are keen enough, you will | | | | bank can trust you enough to give you the loan. In |
| realize that life is fair enough to give you second | | | | the meantime, what you need to do is to make sure |
| chances. You will get to know that there will be | | | | that you build up on your savings and avoid careless |
| financial firms willing to work with you to help you | | | | spending. By all means avoid overdrawing or giving |
| rebuild your credibility. For example, if you did not | | | | bouncing checks as this may lead to bankruptcy. |
| know this before, be informed that the Co-op bank | | | | Remember that you are under scrutiny and your |
| will be more than willing to accept your application for | | | | new bankers want to see how well you can manage |
| a bank account even during your bankruptcy season. | | | | your money. |
| It may not be very easy because they may impose | | | | |