bankruptcy from abroad
Can a non-UK citizen declare bankruptcy for debts taken in this country?
I have been living in the UK for 10 years and I have to go back home for family reasons. I just read that you can not declare yourself bankrupt if you don’t hold a UK passport.Is that true?I have been paying my debts until now, and therefore I am not escaping.But will not be able to pay them from abroad for lack work and I would like to settle those debts.
First and foremost if you are a resident and have pay your taxes, you are in the credit system. So I would suggest you get in touch with a debt counselling organisations who can help you plan out your repayment and advise you on the course you should take.
Read more : http://www.moneysavingexpert.com/loans/debt-help-plan
There is always a solution to any problems and it would be better if you seek professional advise. Bankrupty is never the best solution for your problems whether you are a UK citizen or not.
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