[victoria24]

a friend of mine's sister is thinking of bankrupting herself. would this make any difference to her emmigration application?
i read somewhere that good credit doesnt mean anything when you arrive in NZ so does bad credit mean anything either?
i know that experian is a uk based data company and that info wouldnt follow anyone to new zealand but not sure about bankruptcy

[5kings]

Interesting question. Funny as me and OH were talking about the implications of bankruptcy today.

Hope someone answers soon,

Helen

(sorry I couldn't help with this question)

[peebles16]

Oh I think it might follow you as we've just had a big hullaballoo with British Gas over an 'unpaid' bill and they found us here in NZ no probs... :( I don't know if the actual bankruptcy would follow you but creditors can and will...

Karenx

[tea drinker]

Just being nosy but how did British Gas find you in NZ?

[peebles16]

Just being nosy but how did British Gas find you in NZ?


No idea to be honest and their letters didn't even have the right address on them but still managed to get here :( BTW we had already paid said bill and hadn't done a runner :laugh

Karenx

[M-Squared]

Experian is also in the US... Finance is worldwide. I work in the financial sector and had to have a clean credit record to get hired.

[victoria24]

all my guys have an experian check annually for fit and proper testing. how would it work for me when i get to nz?
do you take a copy of your uk experian? how would they verify it?

[veronica]

anyone out there got any info if the bankrupcy would interfere with the immigration process!!

[James 1077]

anyone out there got any info if the bankrupcy would interfere with the immigration process!!

I think that bankrupcy is a civil rather than criminal action so it won't show up on your criminal record check.

However there is a risk that, as a result of the bankrupcy proceedings, your friend's sister would have to hand over a proportion of their income for the year until they are discharged - there may, therefore, be issues around whether they can leave the country during that time.

My advice would be for her to get some advice from an insolvency practitioner (she'll have to see one for the bankrupcy anyway) - they will then be able to say if this is the case.

But from an NZ point of view I can't see it being an issue to get here - but again your friend's sister should probably ask someone directly. The embassy's number is here somewhere (including the non-premium rate one!).

[doowrehsij]

As far as I know in the immigration process, there are no checks in place for bankrupcy. Having said that, as an applicant, the ITA (via skilled migrant) requires you to disclose your employment history, skills and a possible telephone interview to determine how well you would contribute to NZ.

I also THINK you may have to declare that you are in a sound financial position to support yourself when you apply - but I could be wrong!

[ourquest]

I don't know the definitive answer to this question but it strikes me that if there is any information considered material to the application then it should be disclosed.

And the choice to declare bankruptcy is very material indeed, whilst accepting that it must be a traumatic choice to make, it can and often does leave many others without money they were owed by that person or business. And this is not a reflection (IMHO) of contributing to the economy or society.

If I was a case officer I would not be comfortable approving an application from someone who had recently (perhaps within 5 years) chosen this route, as it might call into question both the character of the applicant as well as their ability to contribute. It might also point to a greater risk that the applicant will choose the same option some time in the future.

[NZ Hopeful]

...

If I was a case officer I would not be comfortable approving an application from someone who had recently (perhaps within 5 years) chosen this route, as it might call into question both the character of the applicant as well as their ability to contribute. It might also point to a greater risk that the applicant will choose the same option some time in the future.

It could also point to someone who has been at rock bottom through no fault of their own but want to make a fresh start....?

[victoria24]

I'm sure my American amigos on here could say for sure but I've read on many occasions that Americans see bankruptcy as a positive as they view it as someone who has tried and failed rather than never tried at all. is there any truth in this?