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T O P I C R E V I E W
john77
Posted - 28 November 2008 : 16:07:42 Hi, I am wondering if anyone would be able to help. I find myself in a situation where BR is looking like the only viable solution to our debt problems. At the moment we are able to meet our outgoings - this however is likely to change in the near future as I am in the financial services industry and due to the adverse market conditions I am finding very difficult to meet my targets which will eventually lead to my dismissal. Being fired will then make it very difficult to gain employment going forward thus starting a vicious downward cycle. My question is would it be possible to go BR if I resign from my current job (before I get fired) and therefore have insufficient income to meet my outgoings or would the OR look down on this as it is an avoidable situation?? Also, hypothetically, if I was to purchase a one way flight on my credit card then file for UK BR from another country – would the OR see this spending as fraud? Thanks in advance for your help.
1 L A T E S T R E P L I E S (Newest First)
Reviva UK
Posted - 28 November 2008 : 18:32:10 Hi
lots to check out before you move countries.
incidentally depending upon which country would depend on the procedure for declaring Br abroad. If you have moved from the UK to the EU then you need to petition there - there are some very strange rulings abroad and the UK is much more advanced that many other countries regarding insolvency.
Paul Johns Assisted Bankruptcy Specialists Reviva UK
For a Free Impartial Review before taking the leap call me @ Reviva UK www.revivauk.com
