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Can I travel overseas whilst bankrupt?

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Published on Dec 11, 2012

People who are concerned about bankruptcy are always anxious to know if they can travel overseas whilst bankrupt. It is a common misconception that overseas travel is forbidden, but this is not always the case.
In most cases, the Trustee in Bankruptcy will allow overseas travel if you have fully complied with all of your obligations under the Bankruptcy Act, such as:
delivering all of your books and records, and
completing your income questionnaire and paying all of your income contributions
Before giving permission for you to travel overseas your Trustee will usually ask for:
a full itinerary of where you intend to travel, and
details of how you intend to pay for the trip
If you are able to provide all of this information and your Trustee in Bankruptcy is satisfied, in most cases, your trip should then be approved. However, the decision is at the discretion of your Trustee. Any adverse decision that your Trustee makes can always be reviewed by a court.
If you are considering personal bankruptcy and need to travel overseas, please call us on 1800 003 883 and we will be happy to advise you further.
At Get Debt Free we have a fully licenced and registered Trustee who can act as your Trustee in Bankruptcy.

http://www.get-debt-free.com.au/bankr...

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