Consequences while Abroad

Consequences abroad depend upon which country you are in and which solution you elect to pursue.

However it is worth noting that in many countries it does not effect your credit rating and many of the restrictions for bankruptcy here in the UK do not apply. For example in the UK you are not able to act as a director of a Limited Company while bankrupt. However if you are living abroad the restriction only applies if you are a director for a foreign company that actively carries on busines in England and Wales.

Some foreign countries - outside the EU - do not recognise bankruptcy here and are at liberty to pursue you independently for debts owed in their country.

Specialist advice is really required to overlay your individual situation on the rules and regulations so you can fully understand the consequenses for you.

Call Reviva UK today to get assistance with your UK debt situation and understand how it may affect you while abroad.

Call Reviva UK on 08454 751 851.