The short answer to this question is ‘Yes’ but the criteria are becoming harder to satisfy year by year. As England and Wales have the most lenient bankruptcy laws, it is understandable that someone living in Germany might want to file for bankruptcy here, but this has lead to a phenomenon known as ‘Bankruptcy Tourism’.
Now the courts take a long hard look at every case to ensure that the individual is here to stay. Bankruptcies involving mainly foreign debt are not granted on the day anymore, but deferred by anything up to ten days while the Adjudicator in Bankruptcy examines the available information. They will be looking for things like National Insurance Numbers, local bank accounts, being registered on the electoral roll, children attending local schools, etc. Call us if you want more information as we have helped countless foreign nationals file for bankruptcy in the UK.
‘Can EU citizens go bankrupt in the UK’ is just one of hundreds of questions we’ve answered over the years, but feel free to call us on 01425 600129 if you need to know more or specifically need bankruptcy help. We are here to help.