I currently have debts that I cannot pay as I am not working and have no income so am considering bankruptcy. I don't have any assets, apart from my car which is on finance and I'm also unable to repay this so it may be repossessed at any time. Please advise whether I qualify for bankruptcy and also whether I have to remain resident in the UK after becoming bankrupt. Due to my circumstances I am considering relocating back to Africa, where I am from but don't know how this affects bankruptcy.
What is the total amount of your unsecured debt? if under £15k you may qualify for a Debt Relief Order (contact your local Citizens Advice Bureau) if your debts are over £15k you will need to consider bankruptcy. Once your bankruptcy is completed you will have no need to remain in the UK if you do not wish to do so
Melanie Nicholas 28 years insolvency experience - 23 of which in the Insolvency Service - Insolvency Manager Jones Giles email me at melanienicholas@jonesgiles.co.uk
I currently have debts that I cannot pay
Posted - 22 October 2009 : 09:49:24
