13:42 25 September 2013
If you have opened a business but things didn't quite work the way you hoped they would, it does not mean that your bank life is over. Although many banks, especially the larger ones, will not take the risk of granting you a debit account or a personal bank account, there are other basic facilities that they will grant you without even checking your credit ratings; so being bankrupt will not be a problem in this case. These bank accounts are indeed limited, but they still make life easier and allow you to get back on track.
So let's take a look at what basic bank services are available for people who have gone bankrupt.
While a basic bank account does not mean that you will immediately recover from your bankruptcy, they are the first step you need to take if your plan is to get up on your feet and start things all over again with your business.
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