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ludovic
Junior Member
172 Posts |
 Posted - 25 July 2008 : 15:06:51
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Hi, I am about to loose my job, over the past few years I have accumulated debts of over £20k, my wife and son are moving back to the US. I have given notice on our rental place, so I will be jobless and homeless by the end of August. I am considering moving back to France (being french) or migrating to the US to stay close to my son. I was told to look into bankruptcy before deciding on anything. What will be the implication if I decide to move abroad ?
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Helpful Advice
Average Member
United Kingdom
646 Posts |
Posted - 25 July 2008 : 16:46:56
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Hi Ludovic,
There should be no implication depending on what it is you plan to do.
Bankruptcy will obviously affect your credit rating and you will have to keep the OR up to date on changes to your circumstances when you settle abroad i.e. Income & Expenditure.
Kind Regards,
Brett England
Bankruptcy Specialist
England,Jackman & Spacey
WebSite www.ejands.co.uk
View my personal story & blogs at:
http://brettengland.blogs.bankruptcyhelp.org.uk/ |
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ludovic
Junior Member
172 Posts |
Posted - 25 July 2008 : 17:08:48
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Thanks.
Do I have to wait until my job is terminated before filing or can I start the process ahead of time ? |
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Helpful Advice
Average Member
United Kingdom
646 Posts |
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Blindshrimp
Junior Member
190 Posts |
Posted - 26 July 2008 : 09:34:11
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Hi Ludovic
I went bankrupt on Tuesday and have had an inital chat with the OR during which I told him that I was moving abroad at the end of Aug and he was fine about it, as long as I provide an address and let him know when I get a job (staying with a friend to begin with). Just thought hearing that may help.
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ludovic
Junior Member
172 Posts |
Posted - 29 July 2008 : 14:17:19
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Hi Blindshrimp,
Thanks for your message.
Hope it all goes well for you!
How long did the whole process take ?
I am planning on leaving begining of September and I wonder when I should file...
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Edited by - ludovic on 29 July 2008 15:33:06 |
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rollercoaster
Junior Member
United Kingdom
327 Posts |
Posted - 29 July 2008 : 22:13:30
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| Reading your post reminded me of a guy i met on holiday to france over 18 years ago. Summer nights at Bonne anse plage with ludovic and christophe. Those were the days, oh to be young again. lol |
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implication on br if I decide to move abroad ?
