All Forums  archive  bankruptcy postbag for june  moving money overseas then going bankrupt

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Screensize: 640 x 480 800 x 600 1024 x 768 1280 x 1024 UserName: Password: Format Mode: Basic  Help  Prompt  Format: Font Andale Mono Arial Arial Black Book Antiqua Century Gothic Comic Sans MS Courier New Georgia Impact Lucida Console Script MT Bold Stencil Tahoma Times New Roman Trebuchet MS Verdana   Size 1 2 3 4 5 6   Color Black Red Yellow Pink Green Orange Purple Blue Beige Brown Teal Navy Maroon LimeGreen Message: * HTML is OFF * Forum Code is ON Smilies [quote][i]Originally posted by svt[/i] [br]Hi, hope you can give me some advice! I left the UK two years ago, and built up some debt on my UK credit cards, in the meantime I have bought a house in Australia, where I currently live. Things are very tight financially and I was thinking about seeking bankruptcy in the UK as I can't maintain mortgage here in Aus and payments to UK debts. I have also recently sold my house in the UK and transferred that money back here. I'm thinking of declaring myself bankrupt in the UK, will I get in trouble for moving money overseas, then going bankrupt within a short period of time? From what I understand I am reletively unaffected by UK bankruptcy here in Australia? Thanks, [/quote]   Check here to include your profile signature.