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T O P I C R E V I E W
runmax
Posted - 26 February 2012 : 19:53:40 I'm currently on IVA but due to personal reasons I'll be leaving UK to live in another EU country. I'll be unemployed until I find a job there but it may take months. I'm thinking of going bankrupt but I'm not sure what are the implications...Will it affect my credit score there? Will I have to come to UK for meetings with IP? Any help much appreciated, Thanks
1 L A T E S T R E P L I E S (Newest First)
Viki.W
Posted - 27 February 2012 : 13:52:56 Hi runmax,
The first thing you need to do is speak to your IP and tell them of your intentions. They may be able to give you a payment break until you find work.
If you feel that you don't want to carry on with the IVA, then you will need to fail it with 3 months missed payments.
Please bear in mind that if you leave the country then you may not be able to declare bankruptcy here anymore, depending on the timeline, so I advise you speak to your IP or an expert on here to have everything explained to you.
