Can I Travel Overseas

 

The simple answer is if you remain compliant and get the right assistance for the 3 years you are bankrupt then the as is Yes! There is plenty of rubbish on the internet telling you that you cannot travel overseas or leave Australia while you are bankrupt but it is simply not true.

All you need to do once you are bankrupt is request permission to travel pay the trustee $150 and you are on your way. You will get permission no problem, there is a very basic one-page form you need to fill to inform the trustee of how long you will be traveling etc.

This travel restriction has been put in place so high-flyers don’t skip the country. In some cases the trustee will request your passport, don’t worry about it you can request it back when you need to travel.

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