www.iva.co.uk

Hi Everyone.

My Father in-law and mother in-law lives with me and my husband they retired in march 2012. They are now having to go bankrupt as they can't afford to live. As my father in-law is 63 yrs old and the retirering age is 65 yrs will he have to go back to work if he goes bankrupt. thank you for your help

Hi Matthews15,

I do not see any reason he will need to go back to work as long as he can demonstrate he can cover his normal living costs however and there are good reasons why he has retired early.

Melanie will pick this post up at some point today and will also give her input.

Not at all - no one can compel someone to work if they don't want to or are unable to. Is there any reason why he is not working however - illness or redundancy?

Thanks ladies , no he retired in march and moved from down south to up here with us in the north. They have £780 coming in a month and about £1500 going out so can't afford to live . Do u know if they can still get a coop cash minded account . Thanks

They should be able to.do one if they try before going br.

If not then try Barclays.