Just thought I'd let you know my experience so far. I'm a pensioner living alone in rented accommodation. I've no assets to speak of and my income just about covers my expenditure (at least according to my figures). So from that point of view, things look fairly straightforward.
I petitioned for my own B. on 5 Jan (at Croydon County Ct) and was slightly surprised to find that the cost was £460 and not £450 - good job I'd brought some spare cash with me. I can't imagine that costs vary around the country - so it must be nationwide. Everything was fairly painless - I went into to see the lady Judge in her private office and she immediately signed the order. I then walked round to the OR's office (who had been told that I was coming) and saw the Case Clerk. I handed over cheque books and credit/debit/store cards. He said I would receive a package in a few days time explaining how things would proceed.
Among the cards I handed over was my new Nationwide Flex Account, which I had opened as advised by the National Debt Line. The advise was to open the account and arrange for my income to be credited to that account. At the start of the month, after the income had gone in, I drew it all out and then petitioned the next day. The Case Clerk said that they preferred people to open basic accounts after the Petition. He also explained that it wasn't the O.R. that froze accounts - it was up to the bank to decide to freeze the account or not. I went into the Nationwide the next day and said that the O.R. had relieved me of my card and asked whether they were going to freeze my account and if so, for how long. The staff in the branch didn't know the answer and had to consult Head Office. They said that the account would not be frozen and that I would be sent a replacement card.
I'm still waiting for the card and have just completed and sent off the follow up questionnaire to the O.R in readiness for my telephone interview next Wednesday the 19 Jan. I will report back after that.