Can I Still Travel Overseas After I File for Bankruptcy?
If you stay compliant and do what is required of you while you are bankrupt then the answer is yes! All you have to do is apply to your bankruptcy trustee for approval to go, pay the $150 government application fee, and about a week later you will get written approval to travel. There is a one-page form you need to complete just to notify the trustee of where you intend to go and how long you will be away. In some cases the trustee will request your passport, but do not worry about it because you can ask for it back when you want to travel. This rule only really exists so high flyers do not skip the country.
A word of warning if you do not remain compliant with what is expected of you while you are bankrupt then you will be denied travel. Every day we get calls from Australians who have been denied travel and it is heartbreaking.
Bankruptcy Port Stephens can provide you the right bankruptcy travel advice, to find out more call us on 1300 795 575.
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