Bankrupt?
#1
BE Enthusiast
Thread Starter
Joined: Aug 2003
Location: 13th November Palm Cove
Posts: 693
Bankrupt?
Im going to have to make myself bankrupt due to a failed business venture, is this going to effect me getting into Australia?
#2
Re: Bankrupt?
Do a search on it as this has been asked many times before.
Gina
#3
Forum Regular
Joined: Apr 2006
Location: Sydney NSW
Posts: 37
Re: Bankrupt?
Hi, I have heard from a Debt advisor that Oz can't see a lot of people's debt, but that they can see Bankruptcy. Maybe look at doing an IVA or even a DMP to keep Bankruptcy away.
#4
Re: Bankrupt?
The visa forms for the various "skilled" visas, do not ask for your financial history.
Gina
Last edited by GinaUK; Mar 14th 2007 at 2:48 pm.
#5
BE Enthusiast
Thread Starter
Joined: Aug 2003
Location: 13th November Palm Cove
Posts: 693
Re: Bankrupt?
Thanks for the quick replies, most helpful.
#6
Forum Regular
Joined: Oct 2006
Posts: 44
Re: Bankrupt?
I applied for a 136 skilled visa (which I now have) and it does ask you how much money you are going to bring into the country. Not sure how it affects the application but it does ask. I believe you need to be able to show that you can be self-sufficient for a while after you arrive.