Many people from the ROI are considering moving to the UK mainland for this reason, as the insolvency laws are so much more lenient in England and Wales. There are, however, some points to consider and something called ‘Centre of Main Interests’ or ‘COMI’ is all important. The Insolvency Service is acutely aware of the phenomenon of ‘bankruptcy tourism’ and there are some tough criteria to satisfy if you wish to proceed.
Typically, you would need to set up local bank accounts and utility / council tax facilities, register for tax, national insurance, have a tenancy agreement in place, place yourself on the electoral roll and so on. In other words, it has to appear that you are here to stay. You may apply for bankruptcy once you have been in England or Wales for three months. This is something of a speciality for us and our track record is solid.
Bankruptcy UK offers assistance at all levels and will also prepare and submit your bankruptcy application online. Court appearances for bankruptcy are no longer required. Feel free to call us for bankruptcy help on 01425 600129 for a chat about your circumstances.