Living in America or Canada but still have UK debts?

Covering a vast area, North America and Canada has much to offer people and for this reason thousands of people have moved from the United Kingdom to start a new life in these very popular countries.

Bankruptcy Laws in the UK were changed and the standard duration of Bankruptcy reduced to 12 months based on observations of the American Bankruptcy system.

Assisted Bankruptcy from the United States of America

We have dealt with many people living in America with one of the most popular destinations for ex UK residents being the State of Florida. We have seen many clients living in the US being affected by the worldwide "Credit Crunch" with America being affected as badly as the UK. Property prices in America have also plummeted and many residents find themselves in negative equity in America and if they own a property in the UK the same situation is mirrored here as well.

The good thing is that Bankruptcy will not affect your property in America if you are in zero equity or a negative equity situation. Your property overseas is only affected in Bankruptcy if it has value or equity in it and even if it did have equity the creditors you have in America would actually take preference over UK creditors.

With any bankruptcy situation you need to take professional advice and discuss your situation with a bankruptcy expert. Contact our company by telephone of complete our short questionnaire for immediate assistance.

Previous Client-Case Study

"Mr and Mrs J had been living in Florida for around two years. Their property on the South Coast of England had been tenanted; however the sudden loss of tenants had placed considerable pressure on their finances as they also have a property in America and mortgage payments to keep up to date with.

With no new tenants they could not afford two mortgages and the UK property fell into arrears. With the property also in negative equity they could not sell and were caught in an increasing spiral of debt.

In addition to this situation they had unsecured debt on their credit cards of around £20,000 and did not know which way to turn. The whole situation came to a head when an American debt collection company contacted them pursuing a UK debt. This debt had been passed overseas by an English debt collector and suddenly the problem was on their doorstep in America."

Mr and Mrs J contacted our company and we provided our full overseas bankruptcy service. We dealt with the American debt collector, their mortgage company, unsecured creditors and prepared the bankruptcy. Once the bankruptcy was approved the debt was cleared and their property in America was not affected as there was no value or equity-therefore their house was not an asset.

This then allowed our clients to fully concentrate on their life and business in Florida without the headache of UK debts following them overseas.

Assisted Bankruptcy Service from Canada

With its stunning landscapes Canada is a very popular destination for people to emigrate to. We have many enquires and clients from Canada and have helped many people that have moved to this beautiful location.

Previous client-case study

Mr G lived in South Wales for most of his life and in that time built up some general debts on credit cards and a consolidation loan. Although fully qualified as an engineer the unstable work situation in Wales affected employment and Mr G was in and out of work and began to struggle with his debts.

In 2007 he decided to begin a debt management plan and for a year or so kept his creditors at bay by making a regular monthly payment. Unfortunately the debt did not really reduce by using the debt management plan and when another redundancy hit he looked further afield for employment.

Our client then found an employer in Canada that was looking for skilled tradesmen and after a short application process was accepted and asked to start a permanent position in Canada.

This then left him in a position where he had started a new life in Canada but still had his old debts. Due to the initial costs associated with moving and setting up a new life overseas there was no spare cash to continue the never ending debt management scheme and he decided to opt for bankruptcy.

Our client is now about to be discharged and the bankruptcy had no impact upon him or his credit record in Canada.

 If you have old UK debts and have now moved to Canada then we can help you. Contact our company for assistance and we can discuss your best options depending on your circumstances. Alternatively complete our short questionnaire for assistance and we will be in contact with you within 24 hours.

Client Testimonials (U.S.A.)

"Can't thank you guys enough-you literally have turned my life around as things were pretty bleak a few months ago. Now I have a much more positive outlook and greater ambition to make things run a lot smoother this time round. Thanks again Michael you're worth your weight in gold and I can't stress enough how grateful my Wife and I are for your teams efforts"

D.P.
Las Vegas

" ...things are now very quiet, they said the last time they emailed they were satisfied and that we would be clear of bankruptcy in about 1 year so I hope that is it, many thanks for all you have done for us, take care".

J.J. & C.J.
Clermont, Florida

 "Wow, what wonderful news! Regardless of the Court judgement my Wife and I would like to say what a great pleasure it was to experience such professional and consistently excellent service".

T.W.
Baltimore, Maryland

 "All of the staff at bankruptcy from abroad were very helpful and reassuring, at a very difficult time. They were very vigilant, and checked every detail, to ensure that everything went smoothly. Thank you."

M.G.
Madison, New Jersey

Client Testimonials (Canada)

 " Great!  THANK YOU so much to you and the rest of the team"

"Bankruptcy from Abroad really helped me during a very difficult time. What impressed me most was the amount of hand-holding through the entire process they did, they were always very quick to answer my questions and explain exactly what the next step was. I would not hesitate to recommend them to anyone else."

M.P.
Ottawa, Ontario

"Bankruptcy from Abroad provided me with an excellent and pain free service. My advisor was very communicative at every stage and all correspondence was prompt, jargon free and completely honest. They are 100% on your side".

A.M.
Alberta, Canada