Does bankruptcy affect visa applications
#1
Forum Regular
Thread Starter
Joined: Feb 2022
Posts: 58
Does bankruptcy affect visa applications
Hi all,
My family are planning on moving to the US next year (my husband is a US citizen and wants to go back home). However, I have long run my own business that suffered a great deal during COVID. As a result, I stopped taking a salary, took out the UK government bounce back loan to retain employees after the furlough scheme ended and have also taken on a fair bit of personal debt.
If I can't make a financial recovery and am forced to declare myself bankrupt (I am personally liable for the business loan as a director of a limited company), then will this impact my visa application to the US?
Has anyone else applied for a visa after having been made bankrupt?
Thank you
My family are planning on moving to the US next year (my husband is a US citizen and wants to go back home). However, I have long run my own business that suffered a great deal during COVID. As a result, I stopped taking a salary, took out the UK government bounce back loan to retain employees after the furlough scheme ended and have also taken on a fair bit of personal debt.
If I can't make a financial recovery and am forced to declare myself bankrupt (I am personally liable for the business loan as a director of a limited company), then will this impact my visa application to the US?
Has anyone else applied for a visa after having been made bankrupt?
Thank you
#2
Re: Does bankruptcy affect visa applications
No, your bankruptcy will not affect your visa application. I assume you are going for a marriage based immigrant visa? If so, the financial proof is all up to the USC. Take a look at form I-864.
Rene
Rene
#3
Re: Does bankruptcy affect visa applications
To echo the above, no it will not have any recourse on immigration applications. If you are likely to be required to make payments to creditors as a result of the bankruptcy order, you may well want to make sure you keep open a UK account.