If defaulted with a bank in the past can a new account be opened

[pinkoneblueone]

I didn't get the title quite right but we are looking to buy a house and around 12+ years ago my DH has a bank acc and credit card with a large well known bank. He at the time was homeless and didn't consider paying it back and the accounts were maxed out. He was about 18/19 at the time and it probably came to £1500 in total before charges. My question is if he was to attempt to open a help to buy isa with this bank would they pursue him for this money? I would fully accept the consequences in this but need to know to prepare for it as there is likely to be lots of charges added to that total

Does anyone have advice at all?

Anyone?

I don't think lll be much help but has he looked at his credit score?

Banks have an internal system which may flag him up. I worked for a large high street bank (a few years ago now) and people who defaulted could be banned from opening any account in the future.

I think that debts like that "die" after six years (other debts, eg council tax, don't) but do check with Citizens' Advice.

Debts become statute barred so the money can't be claimed, he could still be blocked from opening an account though.

The best thing to do is check his credit rating. If he has an account now then it’s unlikely he was blacklisted.

Our credit rate has been steadily climbing as we came out of an IVA about 3 years ago we managed have bought a car on finance then taken out a loan with better interest to pay it off at a bette rate and build our rating. Thank you all for your advice.

Statute barred means they can't take legal action against you. I'm not sure it prevents them from taking money out of your new account to cover the old debt.