Can I go bankrupt from New Zealand

parky21

Having just joined the site I'm hoping someone could tell me if it's possible to go bankrupt from here in New Zealand. I have lived here for 2 years and have no intentions of moving back to the Uk, although I will visit when funds allow. I owe around £25k to the tax man and VAT.

I have also been told that debt becomes statute barred after 7 years and seeing as I have no assets in the UK, it maybe an alternative for me. I am very confused and would very much appreciate any help that can be thrown my way.

Best regards

DEBTMONKEY1A

Hi! Go to http://www.debtquestions.co.uk/forum/index.php -they guy Simon on there is an insolvency practionier & he will advise you.

As far as I'm aware you will have to briefly come back to the Uk & there is a time limit from the date you left the UK to go BR. The other problem is that the debt could be sold to local debt collecters-if they can trace you. If you are able to come back to the UK & you are within the time limits I'd do it-fresh start & all that!