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bankrupcy - passport ?

i am unfortunately having to make myself bankrupt soon. A holiday was booked and payed for 7 months ago for holiday in 2009, would i still be able to go on this holiday ? or do your passport taken away ?? thanks

jojo1368 Fri 05/09/08 18:11

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themas
Fri 05/09/08
19:42

Your passport is not taken away.

It is just possible that, if the holiday is an expensive one and you paid for it when you knew you were in serious financial difficulty (i.e. insolvent), that you might be questioned about why you spent the money on it. If money could be recovered by cancelling the holiday the Official Receiver might think that should be done, with the money going to your creditors. This is all pretty unlikely, it depends on the facts of your particular case, & you will only find out for certain after you have gone bankrupt.

jojo1368
Fri 05/09/08
19:57

Question Author

ok thanks for that. it's a cheap self catering hol and was booked before the financial trouble started ( only going bankrupt because split with hubby and house going to be voulantry repossed ) so hopefully might be ok :)

In A Pickle
Fri 05/09/08
23:32

You will have a "Receiver in Bankruptcy" assinged to your case,you can ask him/her about the holiday.
Personally I think (like themas) that it should be OK,but check first.

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