Reply To: declaring bankruptcy



This is actually wrong. Spain is signed up to the EC Regulations on Insolvency Proceedings 2000 so the lender wouldn’t normally be able to seize any assets.

Best Loco

@inez wrote:

Go back to the UK and declare bancruptcy there and you should in theory be clear! If you come back to Spain in happier times, then you will have the debt still against you which may incurr your bank account to be embargoed and assets seized.