Bankruptcy or DRO while living abroad

pedrosa666

Hi guys,

I have £30000 credit card debt that I soon won’t be able to make minimum payments for.

I would like to apply for DRO or bankruptcy but I now live in Czech Republic. I meet the criteria as I have been a UK resident in past three years.

Does anyone have any experience with dealing with DRO or Bankruptcy from outside of UK?

I’m mainly interested if I would have to collect all evidence from  Czech Republic and translate it for the official receiver etc

Kind regards

Grumpelstiltskin

Previous thread here

£30,000 credit card debt - living abroad - DRO - Page 2 — MoneySavingExpert Forum

OP do you expect any different answers?

pedrosa666

Grumpelstiltskin said:

Previous thread here

£30,000 credit card debt - living abroad - DRO - Page 2 — MoneySavingExpert Forum

OP do you expect any different answers?

With all due respect, not a single answer in that thread addresses the DRO or bankruptcy.

Ideally, I would like to have the whole process finished in a year with no more debt hanging over my shoulder.

la531983

If you have surplus income the whole process will take three times longer than a year. 

Grumpelstiltskin

The answers in that thread told you your  debt would not be chased abroad, so no need to  do anything other than giving your creditors your current address so they don't contact your parents address.

sourcrates

Your debt seems to have increased since your last post, is it now at 30k?

You can only apply online for bankruptcy, here-

Apply for bankruptcy - GOV.UK (www.gov.uk)

Or, if you meet the criteria for a DRO, you can apply here -

How to get a Debt Relief Order (DRO) - GOV.UK (www.gov.uk)

Or, you can do nothing, and nothing will happen, but its entirely up you.

Grumpelstiltskin

This gives you some details about applying for bankruptcy when living abroad.

Fact Sheet - Declaring bankruptcy when living outside of England and Wales | National Debtline