My partner is filing for bankrupy and other than not been able to get a morgage or have a bank accoutn for so many years.In what other ways will it effect him?

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Bankrupt meaning not able to pay money to the people he owes and unable to secure a mortgage(loan) or a bank account.

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when you're bankrupt apparantly you CAN open a (basic) bank account but you need to declare that you're bankrupt.

Any assets and income increases obtained during the bankruptcy should be declared to the Trustee.

You must not obtain credit of £250 or more from any person without first disclosing the fact that you are bankrupt.

Any bank or building society accounts must no longer be used.

You must not make any direct payments to your creditors.

You may also have to attend Court to explain why you are in debt. If you do not co-operate, you could be arrested.

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A bankrupt may not:
Obtain credit of £250 or more alone or jointly with another person without disclosing his or her bankruptcy
Conduct business directly or indirectly in any name other than that in which he or she was made bankrupt
Be involved directly or indirectly in promoting, forming or managing a company without the Court’s permission
Hold certain public offices

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bankruptcy prevents certain things from happening. Directing a company for a few years, getting credit or bank accounts and such. It means that he forgoes his ability to do anything financial because he cannot afford to pay back debts. Bankruptcy stops firms taking what you dont have, but has a long lasting effect.

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Hello,

Bankrupt sense not intelligent to pay money in the direction of the people he owes and incapable to protected a mortgage (loan) or a bank account.

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Here is a site containing all you need to know about the subject, if hes already gone bankrupt they wont be able to help you but there website still has a lot of usefull information. http://www.bankruptcy.co.uk/what-is-bankruptcy.php