I am renting a flat in London and have a very small studio rented also in a EU country, which is very cheap £200 per month and it is sublet at present. If I would go bankrupt in the UK how would that be handled? Also I have got a account in the EU where I pay the rent for this flat otherwise there is not much on the account. Would the account to be closed down? How is this handled if it is in another EU country and I also consider going back after dealing with my debts. I also would like some advise which debt agencies some of you could suggest who deal with those special cases when somebody has got some dealings in the EU and also the situation when you wish to leave the UK but wish to deal with you debt situation in a proper way? Many thanks.
I've no idea,on this one but suggest that you give one of the experts who post on here or you could speak to any Insolvency Practitioner for free advice. You could also try CAB.
If I go bankrupt how would small studio in EU country be handled ?
Posted - 17 December 2012 : 18:22:34
