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Leaving the country with debt

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john773
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Subject: finance
 
Posted on Wed Apr 07, 2010 2:51 am  

hi ermm maybe a stupid thing to ask but i am getting a macbook pro at around 2k but i am only in the country for a few more months b4 leaveing for good never to return. is it possible to track me down at all in anyway if i close my bank accounts cuz thats all i own to my name. and is it possible that the other country and see what i have done ?

its on finance btw 4 got to tell u all
Aaron

Aaron

Joined: 08 Feb 2010
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Posts: 2632



48565 Magic Points

Subject: finance
 
Posted on Wed Apr 07, 2010 4:14 am  

Hi John,

Your bad or good credit will not affect your credit in another country. However, if you leave your country with debt, it may toll. That is, the Statute of Limitations will start ticking whenever you come back in your own country.

Thanks,

Aaron
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john773
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Subject: finance
 
Posted on Wed Apr 07, 2010 9:42 am  

so basicly i can just like run away with a £2000 macbook pro and there is nothing they could do at all it would be just like i had vanished off the face of the earth Razz xD
goodnatured



Joined: 03 Nov 2007
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Posts: 3931



489 Magic Points

 
Posted on Wed Apr 07, 2010 8:16 pm  

Why would you purposely do that? Most people here have come here because they have had an unfortunate turn in times, not intentional.

This is bad, real bad. Don't do it.
Aaron

Aaron

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48565 Magic Points

Subject: finance
 
Posted on Thu Apr 08, 2010 9:05 am  

Hi John,

I completely agree with goodnatured. If you really owe the debt, you need to pay it.

Thanks,

Aaron
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Ukoz
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Subject: finance
 
Posted on Tue Apr 20, 2010 6:01 am  

Me and the missus have/had debts in the UK totally at least 25-30,000 possibly more. We had no way of paying them back as we where both made unemployed. This was 4 years ago. We are now back on our feet in Australia with minimal debt (lesson learned!).

Since being in Australia i've heard nothing about anyone chasing payments (once my mum in the UK had a call for me, but thats it.)

If you are leaving the country and not coming back like myself and you have no way of paying back debt, wheres the harm? All money I owe is to huge corperations who have no doubt cried themselves to sleep over me *rolls eyes*.

As for being stopped in airports for debt, thats not going to happen in *most* countries although i'd avoid UAE lol
pommy
Guest






Subject: skipping country with debt
 
Posted on Fri Apr 30, 2010 1:18 pm  

Never intended to leave debt behind, but did anyway and i have now got a mortgage etc here in my new country. My past history was never bought up. I do feel guilty tho.
ray
Guest






Subject: Chasing debtors
 
Posted on Wed May 05, 2010 1:34 pm  

It never ceases to amaze me that there are people on these forums providing advice to perennial debters on how they can abrogate their responsibility to pay decent hard working people the money they owe them. What I'd do to them is I'm afraid not printable.
me
Guest






 
Posted on Wed Jun 02, 2010 2:07 pm  

But if a person returns just to visit is it likely to be arrested?
Aaron

Aaron

Joined: 08 Feb 2010
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48565 Magic Points

Subject: reply
 
Posted on Thu Jun 03, 2010 12:01 pm  

Hi Me,

Generally speaking, the Statute of Limitations restarts as soon as the person comes back, and starts using his credit. However, whether or not he can be arrested depends on the state laws I believe.

Thanks,

Aaron
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somemothers



Joined: 30 Jun 2010
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25 Magic Points

Subject: wifes loan
 
Posted on Wed Jun 30, 2010 6:23 am  

Hi,
My wife and I moved from the UK to Canada a couple of years ago. She had a long term loan she had been paying (before we were married) and in her name only.
after a year of moving she had been paying it and got it from £11k to £8k. as her money was running out (wasnt working in Canada) she called the bank and informed them of her position, as they always advise. They said there was nothing they could do and to call back when she was in arears!!

a year later they have sent letters and finally sent it to a debt agency in the uk, who have sent about 3 letters, although the letters were coming from Hungary and Germany??
We recently received a letter stating that the agency had, or will sell the loan onto a canadian company who they call at the door.

They did say though that she had the option to pay now and get 40% off the amount. Their last offer.

I know its long winded but the question is... Can they legally sell the debt to a Canadian company to collect it.
Nothing Here is in her name either.

I am under impression the UK loan cannot be collected here as she had paid for a certain time and it's under the UK comsumer laws?

Help!
stevo
Guest






Subject: skipping the country with debt
 
Posted on Tue Jul 13, 2010 12:21 pm  

i owe money to a country in the EU then went to work in Asia for 5 yrs. I now want to come back to my home country (england) but i am worried i could be arrested on my return??....is that likely??..the debt is 17k
Aaron

Aaron

Joined: 08 Feb 2010
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Posts: 2632



48565 Magic Points

Subject: debt
 
Posted on Fri Jul 16, 2010 11:38 am  

Hi Stevo,

Generally speaking a person cannot be arrested for his debts. However, once the person comes back, the Statute of Limitations restart. You will have to check your country and state laws on Statute of Limitations.

Thanks,

Aaron
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Rudolf
Guest






Subject: How can I stop them from leaving?
 
Posted on Fri Jul 23, 2010 9:33 am  

Hi, I know of 2 people leaving South Africa over a week from now. An old age home looked after there father for a few months and they need to pay them before they leave but they do not want to do that. How can I stop them as they owe a few institutions money in South Africa, can Immigration stop them to go to Ireland? the wife has no work and the husband is working on his wife's previous work permit in Irlend. Any advice would be appreciated thanx
Aaron

Aaron

Joined: 08 Feb 2010
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Posts: 2632



48565 Magic Points

 
Posted on Thu Jul 29, 2010 10:12 am  

Hi Rudolf,

I am afraid I have no idea about the laws on debt collections in South Africa or Ireland. This is an U.S. site.

Thanks,

Aaron
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