Considering bankruptcy after being in an
IVA for 2 years. Since being made redundant a while back, things haven't been too great.
After declaring bankrupt I really wanted to go and visit my folks abroad. They'll be more than happy to take of my expenses. And all I have to do is finance the ticket. I am expecting the trip to last around 4 months in all. Will this cause any delay in being discharged from the Bankruptcy 12 months proceeding? And will they need to contact me while I am overseas? I don't mind email communication but phone calls might be a bit awkward.
Thanks
Considering bankruptcy after being in an IVA for 2 years. Since being made redundant a while back, things haven't been too great.
After declaring bankrupt I really wanted to go and visit my folks abroad. They'll be more than happy to take of my expenses. And all I have to do is finance the ticket. I am expecting the trip to last around 4 months in all. Will this cause any delay in being discharged from the Bankruptcy 12 months proceeding? And will they need to contact me while I am overseas? I don't mind email communication but phone calls might be a bit awkward.
Thanks
Answer:
There are no travel restrictions whilst bankrupt, so making the trip is not an issue; depending on the cost of the flight, this may be a problem.
If the trip is to be costly, the Receiver would need to allow you to spend that much money. If the trip is relatively inexpensive, it would not be an issue.
The trip would not delay any discharge, but if the Receiver needed to contact you, they do need the details to do this. I cannot say why or if they would phone, but you are obligated to update them with your details.
I hope this has answered your question.
For more information and assistance, please complete our eligibility form at our web site www.bankruptcy.org.uk or ring us at 0800 0029951.
Regards,
Jon
There are no travel restrictions whilst bankrupt, so making the trip is not an issue; depending on the cost of the flight, this may be a problem.
If the trip is to be costly, the Receiver would need to allow you to spend that much money. If the trip is relatively inexpensive, it would not be an issue.
The trip would not delay any discharge, but if the Receiver needed to contact you, they do need the details to do this. I cannot say why or if they would phone, but you are obligated to update them with your details.
I hope this has answered your question.
For more information and assistance, please complete our eligibility form at our web site www.bankruptcy.org.uk or ring us at 0800 0029951.
Regards,
Jon