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bankruptcy travel

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bluedblued
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bankruptcy travel

Post by bluedblued » Fri, 24 Aug 2018 5:50 pm

hi just want to ask if a foreigner previously working in singapore who was declared bankrupt due to unpaid credit card bills can still go back to singapore? or travel to other countries?

will he be arrested in singapore airport or othet airports?

Rasputin
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Re: bankruptcy travel

Post by Rasputin » Mon, 24 Sep 2018 9:15 pm

I have never heard of anybody being arrested for bankruptcy. There is nothing to stop you travelling. I suggest you contact your creditors and make arrangements to repay them - dry finding debt advice in your home country. Good luck.

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PNGMK
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Re: bankruptcy travel

Post by PNGMK » Mon, 24 Sep 2018 11:15 pm

IF you actually were declared bankrupt by a court in Singapore then yes, you have a problem. Bankrupt persons are not meant to travel (out of Singapore) without permission of the court's assignee. IF you were declared bankrupt in absentia then you will almost certainly have some questions from immigration and possibly risk arrest, failing that I'm certain the court's assignee will be in touch with during your time in Singapore.

IF you're saying "oh maybe I am bankrupt as I don't have money to pass those bills" but you're not actually legally bankrupt then you won't have an issue entering barring some other factor.
I not lawyer/teacher/CPA.
You've been arrested? Law Society of Singapore can provide referrals.
You want an International School job? School website or http://www.ISS.edu
Your rugrat needs a School? Avoid for profit schools
You need Tax advice? Ask a CPA
You ran away without doing NS? Shame on you!

Rasputin
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Re: bankruptcy travel

Post by Rasputin » Tue, 25 Sep 2018 8:52 pm

PNGMK wrote:IF you actually were declared bankrupt by a court in Singapore then yes, you have a problem. Bankrupt persons are not meant to travel (out of Singapore) without permission of the court's assignee. IF you were declared bankrupt in absentia then you will almost certainly have some questions from immigration and possibly risk arrest, failing that I'm certain the court's assignee will be in touch with during your time in Singapore.

IF you're saying "oh maybe I am bankrupt as I don't have money to pass those bills" but you're not actually legally bankrupt then you won't have an issue entering barring some other factor.
Thank you for the information, it is always good to know the facts.

bluedblued
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Re: bankruptcy travel

Post by bluedblued » Mon, 01 Oct 2018 10:45 pm

PNGMK wrote:IF you actually were declared bankrupt by a court in Singapore then yes, you have a problem. Bankrupt persons are not meant to travel (out of Singapore) without permission of the court's assignee. IF you were declared bankrupt in absentia then you will almost certainly have some questions from immigration and possibly risk arrest, failing that I'm certain the court's assignee will be in touch with during your time in Singapore.

IF you're saying "oh maybe I am bankrupt as I don't have money to pass those bills" but you're not actually legally bankrupt then you won't have an issue entering barring some other factor.
thanks for the info.. incase i travel to other countries (not singapore) will i also have problems?

ScCoult
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Re: bankruptcy travel

Post by ScCoult » Tue, 18 Feb 2020 5:00 pm

Thank you for the useful information. My friend has gone bankrupt, but he has to go home to his mother because she is ill. And we didn't know if he would be arrested at the airport or not. By the way, my business, too, is not doing as well as I would like. I'm not completely bankrupt yet, but I can be if my affairs go on like this. And my attempt to restore the business may fail if I don't find some original solution. And to prevent this from happening, I decided that I needed to go on a vacation trip. So, I found great Orlando hotels. And I have to choose one of them so that I can unload my head and come up with a solution to save my business. To be honest, I'm sure that the nature around the hotel, the service, massages and spas will help me relax and come up with the best solution for my company.
Last edited by ScCoult on Mon, 24 Feb 2020 11:28 pm, edited 1 time in total.

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PNGMK
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Re: bankruptcy travel

Post by PNGMK » Tue, 18 Feb 2020 5:42 pm

ScCoult wrote:
Tue, 18 Feb 2020 5:00 pm
Thank you for the useful information. My friend has gone bankrupt, but he has to go home to his mother because she is ill. And we didn't know if he would be arrested at the airport or not.
IF he went bankrupt in Singapore and tries to leave Singapore without the permission of the OA he DOES face the risk of arrest. On his return he definitely will have issues. This only applies if he was bankrupted in Singapore.
I not lawyer/teacher/CPA.
You've been arrested? Law Society of Singapore can provide referrals.
You want an International School job? School website or http://www.ISS.edu
Your rugrat needs a School? Avoid for profit schools
You need Tax advice? Ask a CPA
You ran away without doing NS? Shame on you!

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