please can you tell me if someone can be made bankrupt in their absence?
If they owned a house in UK but stopped paying mortgage and left the country. The house had around 20k negative equity in it and has since been repossessed and sold on.
Just wondering if the person who walked away can be made bankrupt in their absence. Thanks
Whereabouts are you? Have you thought of declaring bankruptcy yourself?
Hopefully one of our experts will be along to give more information as I'm not sure about this one.
The friend in my adversity I shall always cherish most. I can better trust those who helped to relieve the gloom of my dark hours than those who are so ready to enjoy with me the sunshine of my prosperity. – Ulysses S. Grant
Hi I'm in the UK. It's not for me. It's something a friend has done and I'm wondering if they'll find themselves declared bankrupt without knowing since they're not in the country.
I've just looked it up and you can be made bankrupt in your absence,
The friend in my adversity I shall always cherish most. I can better trust those who helped to relieve the gloom of my dark hours than those who are so ready to enjoy with me the sunshine of my prosperity. – Ulysses S. Grant