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 bankruptcy postbag for august
 Will the Irish bank be made aware of my banruptcy
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steveb
Junior Member

174 Posts

Posted - 08 August 2008 :  09:42:42  Show Profile  Reply with Quote
I am contemplating bankruptcy but awaiting some inheritance soon. It will be paid into an account I hold in the republic of Ireland. I am a UK resident and hold dual citizanship. Will the Irish bank be made aware of my banruptcy or will the UK become aware of my irish account?

zoe
Junior Member



329 Posts

Posted - 08 August 2008 :  09:48:47  Show Profile  Reply with Quote
Will you still be insolvent once inheritance paid??
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steveb
Junior Member

174 Posts

Posted - 08 August 2008 :  10:42:40  Show Profile  Reply with Quote
Probably, Yes
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steveb
Junior Member

174 Posts

Posted - 08 August 2008 :  10:44:25  Show Profile  Reply with Quote
Sorry, could be before inheritance paid, depends how long bankruptcy takes and family home sells
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zoe
Junior Member



329 Posts

Posted - 08 August 2008 :  10:47:05  Show Profile  Reply with Quote
If you are made bankrupt and then receive inheritance you will need to declare this to the OR
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steveb
Junior Member

174 Posts

Posted - 08 August 2008 :  11:35:54  Show Profile  Reply with Quote
You haven't answered my question. Will the OR know I have it if its in an irish bank account and not in the UK? and will my Irish bank be made aware of my bankruptcy?
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zoe
Junior Member



329 Posts

Posted - 08 August 2008 :  11:42:10  Show Profile  Reply with Quote
Any credit files will be linked on your credit report.
Are you trying to hide this money then Steve???
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steveb
Junior Member

174 Posts

Posted - 08 August 2008 :  12:25:28  Show Profile  Reply with Quote
I never said that. My Irish bank account doesnt currently show on my UK credit file. Will the bank be made aware of my bankruptcy and close my account as a UK bank would. Sorry, I dont mean to be rude please could you answer the original question?

Steve
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zoe
Junior Member



329 Posts

Posted - 08 August 2008 :  13:04:11  Show Profile  Reply with Quote
It is up to individual banks whether they close accounts or not.
I have a friend who applied for a mortgage after moving to ROI and their English Credit file was checked.
Cant be more specific than that.
The OR will also do extensive checks on you i would imagine that overseas bank accounts can also be checked, however again i dont know internal proceedures. Suzanne the expert used to be an examiner so she will have more of an idea on this point.

Edited by - zoe on 10 August 2008 15:25:33
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