Working Abroad

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SUC

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Post by SUC » Mon May 05, 2014 4:45 pm
Curious, if I was to work abroad ie outside the European Union, would being in an IVA mean anything say if I was employed in India. I know I would I would still have obligations to the IVA in the UK with regards to additional earnings etc but would there be any reference to this in any checks abroad that may happen
 
 

Shining

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Post by Shining » Mon May 05, 2014 5:14 pm
Hi, unsure of the answer but hopefully one of our experts may know. I know a few posters have emigrated whilst in an IVA and maintained payments from said country.
IVA final payment left the bank on the 26th January 2013...looking forward to a debt free future.
 
 

Michael Peoples

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Post by Michael Peoples » Mon May 05, 2014 6:50 pm
I doubt there would be any problems abroad and I agree your only obligations would be to the IVA in the UK.
Michael Peoples | McCambridge Duffy Insolvency Practitioners
http://www.mccambridgeduffy.com
If you would like to talk to me about proposing an IVA or have any questions at all please visit www.mccambridgeduffy.com
 
 

Foggy

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Post by Foggy » Mon May 05, 2014 7:44 pm
Remember, when making payments from abroad, to account for currency fluctuations, which can change even mid-transfer!
My opinions are merely that .. opinions based on experience. Always seek professional advice.
IVA Completed 23rd July 2013 .... C.C. 10th January 2014
 
 

SUC

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Post by SUC » Tue May 06, 2014 9:00 am
If one of your creditors in UK was for example Barclays, would this IVA debt show up if you opened a Barclays account in Dubai
 
 

martinw

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Post by martinw » Tue May 06, 2014 9:46 pm
It could show up, maybe it'd show automatically, maybe only if hey done digging if you got into difficulty. I'd guess in these circumstances they may check as you are new to the country.

Also Barclays in Dubia may not actually trade as Barclays, so worth doing a bit of research first.

Martin
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