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Leaving Uk, Can they chase me up for debt owed?

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Justin

Justin

Joined: 17 Jul 2006
Justin's page
Posts: 534



13649 Magic Points
 
 Posted on Tue Aug 12, 2008 10:32 am  
Hi Lea
As far as I know, the UK laws will not be applicable to you if you leave the Country permanently with debt and so the debt collector cannot chase you in other counties no matter how strong their network in other country is. I think if it is possible for you to pay off the debt, then pay it off and then leave the country because £13000 is a fairly large amount. Moreover, if your creditor somehow comes to know that you are leaving the country without paying the debt, you may be in trouble. You can ask your creditor for a repayment plan which you think will suit you and pay if off. However, if you are not at all able to pay off the debt, then you can try leaving the country without paying it off.
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Best Wishes
Justin
 
fireyone



Joined: 26 Feb 2008
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Posts: 3249



1340 Magic Points
 
 Posted on Tue Aug 12, 2008 4:47 pm  
I really agree with Justin on this one. If it is possible that is a lot of money so try to set something up.
 
erb1953



Joined: 31 Dec 2007
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Posts: 627



-15 Magic Points
 
 Posted on Wed Aug 13, 2008 2:27 am  
I would not feel comfortable leaving that amount in the wind like that, how much is that in american dollars?
 
goodnatured



Joined: 03 Nov 2007
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Posts: 3235



2257 Magic Points
 
 Posted on Wed Aug 13, 2008 3:10 am  
I am not sure about the translation with the money here. But I can just assume that this is a rather large amount.
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Goodnatured,

Trying to become and stay debt free, thank you for all your help and support!
 
fireyone



Joined: 26 Feb 2008
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Posts: 3249



1340 Magic Points
 
 Posted on Wed Aug 13, 2008 12:57 pm  
Erb and I was thinking on the same lines. I myself wondered how much that was. It truly does seem astronomical.
 
goodnatured



Joined: 03 Nov 2007
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Posts: 3235



2257 Magic Points
 
 Posted on Thu Aug 14, 2008 3:36 am  
I ain't no good at breakin' that there stuff down though.......................
_________________
Goodnatured,

Trying to become and stay debt free, thank you for all your help and support!
 
anthony

anthony

Joined: 31 Jul 2006
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Posts: 533



13296 Magic Points
 
 Posted on Thu Aug 14, 2008 7:15 am  
I also believe that you should come to an agreement with your creditors and fix a repayment plan to pay off your debt. This is because if you do not pay off the dues and leave the country, the creditor can get a judgment against you. This judgment may affect you if you need to return to the country again in future. I think that if you disclose your inability of repaying the full amount to the creditor, the creditor may also settle for less.

_________________
Anthony Marx

A positive attitude is not achieved by turning a blind eye to the negative, but rather by responding to every situation in the most positive way possible.
You can also visit my blog
http://financewatchonline.blogspot.com
 
fireyone



Joined: 26 Feb 2008
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Posts: 3249



1340 Magic Points
 
 Posted on Thu Aug 14, 2008 12:20 pm  
Good advice as usual Anthony. The eprson may think they will never go back but with a lifetime a head who can be sure of that.
 
Me
Guest
 
 Posted on Wed Aug 27, 2008 1:16 pm  
Remember that they can only chase the debt for 6 years...........
 
Lorri



Joined: 15 Jul 2008
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Posts: 313



245 Magic Points
 
 Posted on Wed Aug 27, 2008 2:35 pm  
Even though the debt originated in the UK?
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"Never give up on someone you can't go a day without thinking about".
 
fireyone



Joined: 26 Feb 2008
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Posts: 3249



1340 Magic Points
 
 Posted on Thu Aug 28, 2008 12:32 pm  
Good question Lorri...sounds more expensive than it may be worth..unless the debt was say...massive.
 
Lorri



Joined: 15 Jul 2008
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Posts: 313



245 Magic Points
 
 Posted on Fri Aug 29, 2008 1:01 am  
Maybe the SOLs in the United Kingdom are different.
_________________
"Never give up on someone you can't go a day without thinking about".
 
fireyone



Joined: 26 Feb 2008
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Posts: 3249



1340 Magic Points
 
 Posted on Fri Aug 29, 2008 1:03 am  
That could be.
 
Lorri



Joined: 15 Jul 2008
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Posts: 313



245 Magic Points
 
 Posted on Sat Aug 30, 2008 2:54 am  
If only Her Majesty, the Queen would sign on we could ask her or Prince Charles or Prince William. HAAAAAAAAAAAAHHHHHHHHHHHHAAAAAA---I am crackin' myself up tonight.
_________________
"Never give up on someone you can't go a day without thinking about".
 
1002543



Joined: 31 Aug 2008
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Posts: 84



100 Magic Points
 
 Posted on Mon Sep 01, 2008 9:10 pm  
Any legit debt must be paid.

Basically, if there is extradiction agreement between UK and your country you can be extradicted to UK to stand trial, but it is much more expensive than 1300 pounds.
 
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