kiwinow

But can't the bank or lending company forclose, and force the debtor to either pay up or go bankrupt?

suzyambrose

I think that if people wanna leave their debt behind that's their choice, and other people should definitely not be taking the moral high ground about it saying people who do that shouldn't be let in blah bah blah. If we paid of our debts before we go to Oz we would be putting it off by YEARS and there's no way we're gonna do that. If we sell our house and use the money left over to pay off what we owe we'll still be in debt and have no money whatsoever for Oz and with the economy the way it is I think more and more people will be leaving debt behind.

Just my opinion anyway! And yes it's our own fault but if I wouldve known back then we were gonna move to the other side of the world we probably wouldnt have taken out the credit cards etc...

pumpkin blossom

Of course you can carry on paying your debt from Oz.....

Pollyana

And many of us have done just that.

iamthecreaturefromuranus

Yeah, right. I believe you.

Thydney

It's very long process to 'force' bankruptcy you would find that the Judge would make them take 50p a month before that especially for a relatively small amount.

pumpkin blossom

ANd of course you have to pay to go bankrupt, or the company making you bankrupt does, and who would want to throw away more money?

Personally just wish I haddn't paid for that sodding tv licence which they refused to refund even though I wouldn't be using it.
I do have visions though of having left a 1p bill somewhere which adds up and up and when I go back to the Uk in a few years time owing thousands lol.

DrWho

Yeah

I remember when one of my HGV drivers came to me to borrow 300 quid to go bust with and I couldn't get my head around it then either...

nonotme

I decided to stay an extra couple of years to pay off my debt as I wanted to go debt free with no worrying, but work in the UK is being more and more unbearable and life is really depressing over here. I changed my mind and am now leaving next year. I know what I am doing is wrong but it definetly is not fraud as I want to pay it all back, I never paid/took out money just to squander and I am leaving next year being full of worry and anxiety that somehow/time/where I will be caught up with. This is my responsibility and I would not be doing it if I was going to be staying here, but im not.

I am aware of of all of you who have money to pay off your debts are taking the morale high ground with others who (like me) can afford my debt over here each month but not to pay off in full before I go. Good for you.
Its my choice, my worry and anxiety.

comet555

I won't comment on your choice, but there is another option you haven't mentioned. There's no reason you can't go to Oz and continue paying your debt from there. Of course whatever you do is your decision and I'm sure you're aware that you could continue to pay it off over here.