Dear Ms Stewart,

Please find attached your acknowledgement, regarding your recent information request.

Kind Regards,

Ministerial Services
Ministry of Business, Innovation and Employment
Level 4 , Stout Street, Wellington 6140, New Zealand

-----Original Message-----
From: Ms Stewart [mailto:[OIA #3806 email]]
Sent: Wednesday, 23 March 2016 2:42 p.m.
To: *OIA
Subject: Official Information Act request - Student loans and bankruptcy for persons living out of New Zealand

Dear Ministry of Business, Innovation & Employment,

From: MJ Stewart

23 March 2016

Dear Ministry of Business, Innovation & Employment,

Since 2011 have there been any cases of the Insolvency and Trustee Services seizing property and assets located abroad from those New Zealanders who went bankrupt. Of special interest is those New Zealanders who went bankrupt for the sole purpose of wiping their outstanding student loan obligations to the Inland Revenue Department.

Please provide the number of cases where the IRD was the sole debtor in bankruptcy cases where overseas assets and properties were seized and in which country the assets were seized. I am interested to see how this has changed over the last five years.

Could you also provide the legal mechanism or process for other sovereign governments to cooperate with the relevant New Zealand ministries involved in recouping this student debt. I.e. How does the relevant government ministry go about getting a bankrupt debtor to pay their debts when bankrupt in New Zealand but living abroad?

Yours faithfully,

MJ Stewart

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Russell Fildes | Regional Manager/Official Assignee | Insolvency and
Trustee Service | Ministry of Business, Innovation & Employment 

DDI +64 3 962 6191 | Freephone 0508 467 658 | Private Bag 4714,
Christchurch  8140  |  [1]www.insolvency.govt.nz

 

[2]www.govt.nz - your guide to finding and using New Zealand government
services

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Any opinions expressed in this message are not necessarily those of the
Ministry of Business, Innovation and Employment. This message and any
files transmitted with it are confidential and solely for the use of the
intended recipient. If you are not the intended recipient or the person
responsible for delivery to the intended recipient, be advised that you
have received this message in error and that any use is strictly
prohibited. Please contact the sender and delete the message and any
attachment from your computer.

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References

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1. http://www.insolvency.govt.nz/
2. http://www.govt.nz/

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