offshore account

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dwb

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Post by dwb » Tue Oct 16, 2007 2:13 am
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if i have a offshore account (ie isle of man jersey etc) will it be closed when i am made bankrupt in the uk?
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Adam Davies

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Post by Adam Davies » Tue Oct 16, 2007 2:42 pm
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Hi
You have to declare all your assets in bankruptcy,no matter where they are.
Regards

Andy Davie
IVA.co.uk Spokesperson

About me:
http://www.iva.co.uk/andy_davie_profile.asp

IVA Helpline: 0800 197 4838
http://www.iva.co.uk/iva_helpline.asp
Andam Davies
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Oliver

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Post by Oliver » Tue Oct 16, 2007 3:13 pm
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You will need to declare this along with any other assets that you hold outside of the UK, i.e. holiday homes, timeshares etc...

Best Regards
Oliver

Thomas Charles and Co Ltd.
Experts in personal debt solutions.
Read customer feedback at: www.thomascharles.com/about_us.asp
Best Regards
Oliver
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MelanieGiles

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Post by MelanieGiles » Tue Oct 16, 2007 3:22 pm
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And yes - the money you hold within the account will be handed to the Trustee and the account then likely closed by the holding bank.

Regards, Melanie Giles, Insolvency Practitioner for over 20 years.

To have me propose an IVA for you, please visit:
http://www.melaniegiles.com/ivaEnquiry.asp

See customer feedback at:
http://www.iva.com/iva_companies/IVA_Advice_Bureau.asp
Regards, Melanie Giles, Insolvency Practitioner
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Skippy

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Post by Skippy » Tue Oct 16, 2007 3:24 pm
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Welcome back Melanie - I hope you had a good holiday!

Yesterday is history, tomorrow is a mystery, today is the present - a gift to make the most of.

View my blog at http://skippy13.blogs.iva.co.uk/
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MelanieGiles

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Post by MelanieGiles » Tue Oct 16, 2007 3:31 pm
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Thanks Skippy - it is nice to be back and the break was great - apart from a 24 hour delay with our flight home! Good old KLM!

Regards, Melanie Giles, Insolvency Practitioner for over 20 years.

To have me propose an IVA for you, please visit:
http://www.melaniegiles.com/ivaEnquiry.asp

See customer feedback at:
http://www.iva.com/iva_companies/IVA_Advice_Bureau.asp
Regards, Melanie Giles, Insolvency Practitioner
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