Hi, My wife and I are now living in Canada(just under a year) abd we are going to have to file for bankruptcy. We have put it off because we are worried it might have an effect on applying to become permanent residents. Roughly how long does it take for the bankruptcy to go through? One of the creditors now has our Canadian address, are thet likely to sell it to a Canadian debt agency straight away or contact us first. Once the bankruptcy is in effect does it close a debt that has left the country? Thanks
Firstly welcome to the forum If you go BR there will be no debt collectors to worry about, but your assets like property cars etc will become the ORs. To go BR from abroad you need to either come back or give someone lasting power of attorney and then they can process the BR through the court in London. It may be worth having a chat / e-mail with one of the experts through the link on the left hand side of the page.
Dave
Don't worry or know that worrying is as effective as trying to solve an algebra equation by chewing bubble gum.(Baz Lurman) Life's too short!!!
If you contact Paul Johns at Reviva (left hand side of the screen under experts) he is well used to sorting out clients who have emigrated - you would be in safe hands, and he comes highly recommended (and not just by me!)
Melanie Nicholas 28 years insolvency experience - 23 of which in the Insolvency Service - Insolvency Manager Jones Giles email me at melanienicholas@jonesgiles.co.uk
Hi, My wife and I are now living in Canada
Posted - 05 April 2009 : 21:21:15
