Leaving with debt.
#31
Re: Leaving with debt.
Originally Posted by Amazulu
Not repaying unsecured debt is not a crime in the UK so therefore you could not be arrested.
I know this because I have requested warrants for a few absconders during my time in the DTI.
#32
Re: Leaving with debt.
Originally Posted by thebears
Failure to attend bankruptcy proceedings is
I know this because I have requested warrants for a few absconders during my time in the DTI.
I know this because I have requested warrants for a few absconders during my time in the DTI.
And in answer to a previos post, yes you can get a CCJ issued against you even if the papers are not served upon you as you are out of the country. However, since the judgement would have been obtained against you without your knowledge then as soon as you did become aware then you may have it struck out by the Court and the creditor must start the proceedings again if they wish.
This thread comes up a few times and realistically if someone has the balls enough not to pay a debt and leave with no forwarding address the chances are that you will get away with it. Ethics aside, a small percentage probably will need to settle the debt because of the particular type of debt and individual circumstances but many wont and like it or not they wont have to pay it back.