We don't know whether the most recent response to this request contains information or not – if you are Paul Krizek please sign in and let everyone know.

Bankruptcy and student loans of people living overseas

Paul Krizek made this Official Information request to Ministry of Business, Innovation & Employment

This request has an unknown status. We're waiting for Paul Krizek to read a recent response and update the status.

From: Paul Krizek

Dear Ministry of Business, Innovation & Employment,

Since 2013 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,

Paul Krizek

Link to this

From: Ministerial Services
Ministry of Business, Innovation & Employment


Attachment image001.jpg
33K Download


DOIA 1718-1763

 

Dear Paul,

 

On behalf of the Ministry of Business, Innovation and Employment I
acknowledge your email of 8/06/2018 requesting under the Official
Information Act 1982 (the Act), the following:

 

Since 2013 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?

 

Your request is being processed in accordance with the Act and a response
will be sent to you in due course. If you have any enquiries regarding
your request feel free to contact us via email [1][MBIE request email] or
using the contact details below.

 

 

Yours sincerely,

Alan Witcombe

MANAGER, MINISTERIAL SERVICES

 

Corporate, Governance and Information

Ministry of Business, Innovation and Employment

Level 4, 15 Stout Street, PO Box 1473, Wellington 6140

[2]cid:image004.jpg@01D10666.447C6950

 

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

show quoted sections

References

Visible links
1. mailto:[MBIE request email]
3. http://www.govt.nz/

Link to this

From: Russell Fildes


Attachment DOIA 1718 1763 Krizek.docx
118K Download View as HTML


 

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

show quoted sections

References

Visible links
1. http://www.govt.nz/

Link to this

We don't know whether the most recent response to this request contains information or not – if you are Paul Krizek please sign in and let everyone know.

Things to do with this request

Anyone:
Ministry of Business, Innovation & Employment only: