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Posted: Thu Nov 20, 2008 7:14 pm
by PJHughes
Are residents of Guernsey able to utilise solutions from the Insolvency Act '86. I.e. can a Guernsey resident declare UK bankruptcy or enter into an IVA.
If not, what options are available to the channel islands?

Thanks

Posted: Thu Nov 20, 2008 8:33 pm
by Cybus
That could all depend on whether you have a main residency or center of business in England and Wales.

If not, then I believe the answer is no. Doesn't Guernsey have it's own Insolvency Laws?

Posted: Thu Nov 20, 2008 9:24 pm
by Viki.W
I just googled it PJ, this might help:
http://www.babbelegal.com/images/site_files/23.pdf