After only being in Hong Kong for 2.5 years with a long term plan to stay. Things changed abruptly with me losing my job in Feb due to redundancy, and have been trying to get another job since. With the current condition in Hong Kong, I am not hopeful and start weighing my option to leave Hong Kong to go home overseas. a few years ago took a big unsecured loan to finance my child University Education still has 2 years to go but no way I would be able to make any payment plans with no income.
Considering filing bankruptcy, any recommendations, and suggestions? I will definitely clear IRD before leaving to make good with the HK gov. but this loan, apt lease agreement, etc, unfortunately, has to be broken.