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 Am I under a duty to mention a property abroad ?

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T O P I C    R E V I E W
BangingMyHead Posted - 05 July 2011 : 06:33:21
What happens to property abroad? Am I under a duty to mention this even if it is not in the UK. Will I get into trouble?
3   L A T E S T    R E P L I E S    (Newest First)
Bigal4787 Posted - 05 July 2011 : 15:53:52
Hi,
if you don't mention it, then it's a certainty that one of your creditors, or someone associated with them will inform the OR of the property. I regularly got information like that regarding assets that people were trying to conceal from the OR/trustee.

Big Al
Insolvency examiner with the Insolvency service from April 2008 - July 2010.

If you need help completing SOA's(statement of affairs) or PIQ's(preliminary information questionnaire) if you've been declared bankrupt, or anything else and you're within 30 miles or so of Warrington, then please contact me via my contact details in the expert page for futher details"
debtinfo Posted - 05 July 2011 : 14:05:03
Yes you must declare all assets even if they are on the planet Zargon
Niobe Posted - 05 July 2011 : 06:36:04
I believe you have to mention everything as it is an asset that own, regardless of where in the world it is situated.

The OR will be able to find out.

Follow through
Make your dreams come true
Don't give up the fight
You will be alright
'Cause there's no one like you in the universe



Jan
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