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 If i go bankrupt would i have to declare
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colin8135
Starting Member



5 Posts

Posted - 22 July 2009 :  16:55:39  Show Profile  Visit colin8135's Homepage  Reply with Quote
If i go bankrupt would i have to declare that i have part owenaship in a villa in the us the morgage is in the usa and the taxes are paid in the usa

Niobe
Administrator



United Kingdom
4590 Posts

Posted - 22 July 2009 :  22:13:26  Show Profile  Reply with Quote
I believe you would have to declare this as the money is obviously being paid from your income.

One of the experts will be along to advise further.

The glimmer gets brighter all the time

Jan
xx
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debtinfo
forum expert



2826 Posts

Posted - 23 July 2009 :  02:02:14  Show Profile  Reply with Quote
Yes you should declare all assets regardless of where they are in the world. To not do so could land you with a further bankruptcy restriction
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