We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
overseas and considering bruptcy
marc3
Posts: 316 Forumite
Hi again,
been some time since been on here-out of bankruptcy for a few years now-a struggle-but getting through.
Can anyone guide me on the following which i was asked.
A neighbour is considering bruptcy but now lives abroad.
Her debts are UK based.
has decent job,but up to neck in previous debts and outgoings more than incomings and its been like that for ages and getting worse and can't see a way through.
She is bankrupt in all but name-and wants to take the 'plunge'.
Does she declare herself brupt in UK as per the rest of us have and the normal procedure-or is it different if you live abroad ?
Any advice on the procedural aspect/differences that may apply would be appreciated.
many thanks
been some time since been on here-out of bankruptcy for a few years now-a struggle-but getting through.
Can anyone guide me on the following which i was asked.
A neighbour is considering bruptcy but now lives abroad.
Her debts are UK based.
has decent job,but up to neck in previous debts and outgoings more than incomings and its been like that for ages and getting worse and can't see a way through.
She is bankrupt in all but name-and wants to take the 'plunge'.
Does she declare herself brupt in UK as per the rest of us have and the normal procedure-or is it different if you live abroad ?
Any advice on the procedural aspect/differences that may apply would be appreciated.
many thanks
0
Comments
-
I'm sorry, I don't know the answer, but you might want to subscribe to this thread which appears to be a similar situation, i.e. going BR from abroad. There might be some answers on there later on or more questions from the poster which help.
Hopefully someone with knowledge will be along to answer your specific question shortly.When I joined, I needed a name. The forum members gave one to me...I am INAN
"Fortunes ebb and flow and a boat must move with the tide and be thankful that it floats." Judith Allnatt0 -
How long as she lived abroad?:pB&SC No. 298
Life`s Tragedy is that we get OLD too soon
and WISE too late!0 -
lived abroad-9 months i seem to think-not too sure.
Thinking this through-her problem may be that no longer has a UK address (rents overseas )
She could have a UK address-c/o somewhere-but would that associate the owner of thsat property with her and put thsat property 'under scrutiny' ?0 -
As long as she has not been abroad over 3 years, she can come back to the UK and petition her BR.:pB&SC No. 298
Life`s Tragedy is that we get OLD too soon
and WISE too late!0 -
:pB&SC No. 298
Life`s Tragedy is that we get OLD too soon
and WISE too late!0 -
More importantly what coutry is she living in and does she have assets outside the UKHi, im Debtinfo, i am an ex insolvency examiner and over the years have personally dealt with thousands of bankruptcy cases.
Please note that any views i put forth are not those of my former employer The Insolvency Service and do not constitute professional advice, you should always seek professional advice before entering insolvency proceedings.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.1K Banking & Borrowing
- 253.6K Reduce Debt & Boost Income
- 454.2K Spending & Discounts
- 245.1K Work, Benefits & Business
- 600.8K Mortgages, Homes & Bills
- 177.5K Life & Family
- 258.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards