When I was younger I stupidly got a loan with my boyfriend and then I had lost my job and could no longer pay it. It was defaulted and heard nothing more about it But had baby with my fiance and we ...
Does anyone know if you have a partner living with you and you do not want a joint mortgage, will the mortgage lender take into account (when looking at your affordability calcualtor) the money they ...
so it's the usual story, I went a bit crazy when I turned 18, contract phone, credit cards, store cards etc Then I lost my job and just stopped making payments. It's now 5 years on and i ...
Can you help me come up with some ways to make quick cash. My mum says that the clothes I want to buy for school is too expensive for our budget and If I want the other clothes that I have to make my ...
I am in school and move between my apartment and my house and sometimes I don't receive a bill because I'm not around and miss the due date. Does this affect my credit rating at all? These ...
5,000 on a repo.....is it smart to refinance your house? even though your payments would be about 200.oo more a month, but you would be getting back enough money to pay back that debt. and money left ...
I was told closing them would hurt my credit score but I also heard that too many open accounts counts against my credit score. I am confused. What should I do? Open or close?...
I need to collect money for my daughte she suffereing serious health problem. I am asking for charity donation.
Please help me, I need to collect Rs 500000 lac for my daughter. Please give your ...
I made a purchase on my debit card the other day, $145. the debit machine was not working properly and it said error twice. Finally they ran it as credit and it went through.
No you do not need to report the apartment unless she is receive money in the UK for it. However, I assume there are tenants living there. There is no way UK could go after that apartment. You might be better declaring the business bankrupt instead of a personal bankruptcy. This way she would not have to report anything personal except what pertains to that particular business in the UK. I would advise her to talk to a lawyer.
emmamac14
no all assets whether home or abroad are included
steviec
she should sell her apartment and pay her debts without being forced to
bekkibex
she will unless she signs it over to you in your name say if she owed you alot of money too...........
Screaming Eagle
She needs to discuss it with an attorney.
Bankruptcy in the US is much different than the UK, and you did not mention where she is doing her bankruptcy.
TEDDYB
I cannot see why,as normally all assets are brought into a bankruptcy.Why should an overseas asset which can be used to pay creditors be excluded merely because of its physical location?If I were a creditor I would expect it to be used.
Valiant
If she is a limited company then only assets of the company are included.
If she is not then all assets are considered and can be realised to repay the debts. This will included properties here and abroad, cars etc.
Veston Pants
Failure to disclose ALL assets is a contempt and fraud. She could do time. Take ALLOT of advice.
thecharleslloyd
Tell her to talk to her lawyer.
JBOY
if they don't know about it, then it could still be safe...
scallywag
Contact the citizens advise bureau quick. Their service is free and they will be able to advise on the best way to deal with the situation and also, to advise on the implications of any action she takes now.
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