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Bank loan unpaid in uk, moving abroad

Bank loan unpaid in uk, moving abroad

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Old Jan 13th 2018, 11:17 am
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Default Bank loan unpaid in uk, moving abroad

Bye.

Last edited by Al.vv; Jan 13th 2018 at 12:50 pm. Reason: Problem resolved
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Old Jan 13th 2018, 11:28 am
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Default Re: Bank loan unpaid in uk, moving abroad

Originally Posted by Al.vv
Hello,
I have been living in the Uk for about 4 years and had a good job and decided to get a bank loan to invest in my unfinished property in Romania, i first got a loan of £10000 and after about a year I borrowed another £18000 for the same purpose. These debts have added up a lot for the past months and I am paying a lot for these loans. I currently am thinking about moving back to my own country as I have my house finished there.
I was wondering what would happen if I decided to not pay off my loans as currently it is very difficult? Can they arrest me? Can they come to my country and make me pay the money back? Or can they put me to court?

Thank you.
A UK bank gave you a £28,000 loan for a property investment in Romania? Did you have to provide security against the loan, eg property in the UK?
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Old Jan 13th 2018, 12:10 pm
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Default Re: Bank loan unpaid in uk, moving abroad

Originally Posted by spouse of scouse
A UK bank gave you a £28,000 loan for a property investment in Romania? Did you have to provide security against the loan, eg property in the UK?
And now he's finished the house he just wants to go home and forget about the debt?
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Old Jan 13th 2018, 12:22 pm
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Default Re: Bank loan unpaid in uk, moving abroad

Originally Posted by spouse of scouse
A UK bank gave you a £28,000 loan for a property investment in Romania? Did you have to provide security against the loan, eg property in the UK?
Problem resolved

Last edited by Al.vv; Jan 13th 2018 at 12:51 pm. Reason: Problem resolved
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