IVA & Living abroad

edited 30 November -1 at 1:00AM in IVA & DRO
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Island1Island1 Forumite
6 Posts
edited 30 November -1 at 1:00AM in IVA & DRO
Are you allowed to move abroad if on an IVA & what are the rules if you can? Thanks.:)

Replies

  • National_DebtlineNational_Debtline Organisation Representatives - Private Messages may not be monitored
    8K Posts
    ✭✭✭✭
    Hello there.


    It is possible. The criteria we use is as follows:
    • The debts were accrued in the UK;
    • You must have a UK bank account; and
    • You must have a UK contact address. This means that you must have somewhere in the UK that the Insolvency Practitioner can send correspondence to. It could be that you give authority for someone else to act on your behalf.
    So if you're under an IVA and then move it should be OK so long as you can meet the last two rules. For the record, you may find that other insolvency practitioners have other policies.

    Best wishes,

    David @ NDL.
    We work as money advisers for National Debtline and have specific permission from MSE to post to try to help those in debt. Read more information on National Debtline in MSE's Debt Problems: What to do and where to get help guide. If you find you're struggling with debt and need further help try our online advice tool My Money Steps
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