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Topic: Effects of US Bankruptcy in the UK?  (Read 2628 times)

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Effects of US Bankruptcy in the UK?
« on: March 02, 2010, 03:22:30 PM »
I'm hoping someone can confirm some of what I've been reading on here. From what I've read, a US credit rating really doesn't mean too much in the UK. Is that really the case? The only reason I ask is because I know there have been instances where UK expats moving to the US have had a UK credit check done for things such as a mortgage, though this isn't always the case.

I just got laid off (with no warning - gotta love workers' rights in the US) and it may become necessary for my OH and I to file for bankruptcy and possibly go through foreclosure on our house. We have been considering moving up our plans to relocate to the UK, but I was a bit concerned if our filing bankruptcy here could effect us at all there? Would there ever be a need for anyone in the UK to check our US credit history (like a rental agency, employer, bank, etc)?

Apologies if this has been asked over and over, I just didn't find anything directly asking about bankruptcy.  8)


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Re: Effects of US Bankruptcy in the UK?
« Reply #1 on: March 02, 2010, 03:26:43 PM »
Your US credit rating/report will have no effect on your UK credit rating/report.  UK creditors do not check US credit histories.  However, you are required to disclose any bankruptcy when you eventually apply for citizenship.  You might want to look at:

http://talk.uk-yankee.com/index.php?topic=59768.0

Also you can do an 'advanced forum search' for bankruptcy and a number of threads come up.
« Last Edit: March 02, 2010, 03:29:44 PM by geeta »


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Re: Effects of US Bankruptcy in the UK?
« Reply #2 on: March 02, 2010, 04:09:42 PM »
Ahhh, I would never have searched for bankruptcy in the visa section. It would never had occurred to me that filing bankruptcy would affect future visa applications. ??? I will have to research this further to understand the implications.

This whole situation we find ourselves in is fairly upsetting. We have a fantastic credit rating, and to now find ourselves in this mess and trying to figure what we should do leaves me overwhelmed. [smiley=dizzy2.gif]


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