I find this unbelievable and of course its immoral but apparently it is happening.
How can you not deliberately run up a debt?
I has no problem with people getting one over on the banks after what they have done to the people of Ireland.
The current government have no plans to give regular people a break. They are only looking out for their friends i.e. the banks. If they cared the bankruptcy system would have been overhauled years ago.
Fair play to anyone who goes to the UK to become bankrupt. Morals have no place in the legal system. What goes around comes around.
the UK legislation DOES requre that you hand over most/all assets.
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