Can you please help with these questions: 1. Can I declare bankruptcy if I am not a U.K citizen, but my debts are in the U.K 2. What happens to the Car I gave my wife, she legally owns it and we are married a contract of no gains or losses between us.
As long as you have been resident in the UK for the last six months you can petition, regardless of your citizenship.
If you gifted a car to your wife within the last 5 years the OR would expect that to be put into the estate as it would consitute a transaction at undervalue.
Can you please help with these questions
Posted - 08 August 2008 : 12:57:55
