www.iva.co.uk

Posted: **Mon Jun 18, 2007 4:40 pm**

i hope to emigrate to australia in 3/5 years.
would an iva affect the visa in any way?

Posted: **Mon Jun 18, 2007 4:51 pm**

Hi Jerry

It shouldn't do - but you would be wise to check up with Australia House to be sure.

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

For further details contact me at http://www.melaniegiles.com and view my IVA blog at: http://melaniegiles.blogs.iva.co.uk

Posted: **Mon Jun 18, 2007 5:00 pm**

Welcome to the Forum Jerry,

I agree with Melanie it may be best to call the Australian High Commission and double check with them before you make your final decision.

Best Regards. IVA Experts

Posted: **Mon Jun 18, 2007 7:29 pm**

I can confirm your current credit rating / IVA / Bankrupcy has no bearing on emigrating to Aus.....

When you do look to apply use a good imigration agent - what you may find a problem is that it costs between £2-£4k to apply with your application fees and TRA.

When you goto Aus your credit file doesn't follow you !! so its a fresh start.

If you arn't sure you can contact - www.gomatilda.com they will give you an honest view of whether you would be successful (Marina is really helpful)

Posted: **Mon Jun 18, 2007 9:59 pm**

Hi Storm

Do you happen to know if it's the same for the United States?

Thanks

Posted: **Mon Jun 18, 2007 10:37 pm**

Hi Jerry,
Bankruptcy is jurisdictional.This means that someone bankrupted under UK law is only bankrupt in the United Kingdom. If the bankrupt moves to Eire, the USA,France or some other country he is not bankrupt in that country.
He can obtain credit in other countries, as long as he complies with the law in those countries. If, however, he aquires property or assets whilst abroad, and whilst still bankrupt, the trustee in the UK may well be able tro seize those assets, if he learns of them.

Regards
Adrian

Posted: **Mon Jun 18, 2007 11:25 pm**

In accordance with cross-border insolvency legislation it is still an offence to obtain credit in other countries if you are subject to English bankruptcy, at a level of £500 or more.

Adrian is correct in that after-acquired assets can be traced by a UK based trustee.

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

For further details contact me at http://www.melaniegiles.com and view my IVA blog at: http://melaniegiles.blogs.iva.co.uk