Bankruptcy aborad.

[Mrs_Pegasus]

Is it possible for someone to be declared bankrupt in another country but still be able to become a director of a company in this country and/or have normal banking arrangements?

[Oneeyedvic]

On any account application form, I would assume that there will be a question asking if you have ever been made bankrupt. If the person chose to answer no, I am fairly sure that the bank would take this on face value (on the assumption that there is no adverse credit in this country).

But of course that would be fraud!

As far as I am aware, banks do not cross borders very easily, and if someone is bankrupt in America, there is no way the banks here can tell.

Of course, if they have only just moved here and are not on voter's role etc, only basic account facilities will be granted anyway.

[myvesta-sean]

As the legislation that relates to UK directorships refers to UK law then this should not be an issue for you I would imagine. The site below may assist further:

http://bankruptcy.org.uk

[Mrs_Pegasus]

Can I quickly add!

This is not about me!!!!!