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advice needed

hi to whoever reads this email and thanks in advance to anyone who can offer em any advice.

I entered a DMP with CCCS in Oct 06. At the time i considered bankruptcy, however, as I was planning on emigrating to Australia, I decided not to go brankrupt and took out the DMP.

My question is whether I can now declare myself bankrupt from abroad. I am struggling to meet the DMP payments every month and would like to explore this option.

Comments

  • robert71
    robert71 Posts: 12 Forumite
    I think you need to talk to a professional advisor. If you can't make the repayments and want to explore bankruptcy they will help you. You can also declare yourself bankrupt and most are discharged in 12 months. When do you fly? Be aware with banktupcy your bank accounts will be closed.
    What makes me want to give back is I've needed debt help myself and come through it.
  • tigerfeet2006
    tigerfeet2006 Posts: 14,030 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Have a read of this from the Bankruptcy Help sticky

    Foreign Issues.

    FAQ - Foreign Issues (IS) - Includes:

    How can I make myself bankrupt if I live abroad?
    Do the bankruptcy restrictions apply when I go abroad?
    Does a bankruptcy order affect my assets abroad?
    BSCno.87
    The only stupid question is an unasked one
    Loving life as a Kernow Hippy
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