Savings account for emergencies? During a period of or in the run-up to a bankruptcy order???
CLEARLY this writer is unaware that in bankruptcy all savings are declared and taken as part of the debt clearance, and that during the period of the court order that the bankrupt person is NOT permitted to have more cash than reasonably is necessary to feed or clothe oneself. Poorly researched, shallow and insulting to those of us who have had to endure this horrendous experience.
Also it is laughable, how this writer believes that one who is on the verge of bankruptcy might have the spare pennies to put aside in a savings account.
A word of advice to the EDITOR; ensure that those who you delgate to write about and give "advice" on such a sensitive and life-changing situation has the life-experience and general common sense to back it up.
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Savings account for emergencies? During a period of or in the run-up to a bankruptcy order???
CLEARLY this writer is unaware that in bankruptcy all savings are declared and taken as part of the debt clearance, and that during the period of the court order that the bankrupt person is NOT permitted to have more cash than reasonably is necessary to feed or clothe oneself. Poorly researched, shallow and insulting to those of us who have had to endure this horrendous experience.
Also it is laughable, how this writer believes that one who is on the verge of bankruptcy might have the spare pennies to put aside in a savings account.
June 9, 2016 - 6:59pmA word of advice to the EDITOR; ensure that those who you delgate to write about and give "advice" on such a sensitive and life-changing situation has the life-experience and general common sense to back it up.
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