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Non Resident Bankruptcy

I have a large amount of unsecured debts in the UK and no assets, I want to know if there is any chance a creditor could file bankruptcy against me if non resident?

Comments

  • sourcrates
    sourcrates Posts: 31,674 Ambassador
    Part of the Furniture 10,000 Posts I've been Money Tipped! Name Dropper
    It would be an unusual move to do so, as it would cost them around a grand to do so, that`s on top of what`s already owed, and with you having no assets, and no guarantee of getting anything back, its very, very unlikely to happen, only exception would be HMRC who would do so just for the hell of it, and because they can.

    Bankruptcy in this country would not have any effect on you abroad anyway so either way it doesn't matter.
    I’m a Forum Ambassador and I support the Forum Team on the Debt free wannabe, Credit file and ratings, and Bankruptcy and living with it boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.For free non-judgemental debt advice, contact either Stepchange, National Debtline, or CitizensAdviceBureaux.Link to SOA Calculator- https://www.stoozing.com/soa.php The "provit letter" is here-https://forums.moneysavingexpert.com/discussion/2607247/letter-when-you-know-nothing-about-about-the-debt-aka-prove-it-letter
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