Debt management
#1
BobnBootz
Thread Starter
Joined: Aug 2006
Location: Portsmouth, UK
Posts: 13
Debt management
Hi all,
planning on moving out relatively soon to NZ, next 6 months or so, and the plan was always to clear debts with the house sale and be free for the first time in about 10 years! Trouble is, I've just added it up, and its a tad more than i thought it was.... I've been chatting to friends and family and get a standard 'So? Just leave them, you're not coming back right?' Surely it can't be that easy? Has anyone done a runner or know someone who has and what was the story? Does it work?
Morally, I think I could live with myself, maxing the cards out before I go would ease the guilt i guess, but being deported and having to pay it back doesn't sound good... can they find you in NZ?
planning on moving out relatively soon to NZ, next 6 months or so, and the plan was always to clear debts with the house sale and be free for the first time in about 10 years! Trouble is, I've just added it up, and its a tad more than i thought it was.... I've been chatting to friends and family and get a standard 'So? Just leave them, you're not coming back right?' Surely it can't be that easy? Has anyone done a runner or know someone who has and what was the story? Does it work?
Morally, I think I could live with myself, maxing the cards out before I go would ease the guilt i guess, but being deported and having to pay it back doesn't sound good... can they find you in NZ?
#2
Re: Debt management
Hi all,
planning on moving out relatively soon to NZ, next 6 months or so, and the plan was always to clear debts with the house sale and be free for the first time in about 10 years! Trouble is, I've just added it up, and its a tad more than i thought it was.... I've been chatting to friends and family and get a standard 'So? Just leave them, you're not coming back right?' Surely it can't be that easy? Has anyone done a runner or know someone who has and what was the story? Does it work?
Morally, I think I could live with myself, maxing the cards out before I go would ease the guilt i guess, but being deported and having to pay it back doesn't sound good... can they find you in NZ?
planning on moving out relatively soon to NZ, next 6 months or so, and the plan was always to clear debts with the house sale and be free for the first time in about 10 years! Trouble is, I've just added it up, and its a tad more than i thought it was.... I've been chatting to friends and family and get a standard 'So? Just leave them, you're not coming back right?' Surely it can't be that easy? Has anyone done a runner or know someone who has and what was the story? Does it work?
Morally, I think I could live with myself, maxing the cards out before I go would ease the guilt i guess, but being deported and having to pay it back doesn't sound good... can they find you in NZ?
This isn't out of moral obligation to the finance co's, it's becasue you don't have a crystal ball and being blacklisted will most likely effect your ease of returning to the UK, should you decide to.
#3
Re: Debt management
Hi all,
planning on moving out relatively soon to NZ, next 6 months or so, and the plan was always to clear debts with the house sale and be free for the first time in about 10 years! Trouble is, I've just added it up, and its a tad more than i thought it was.... I've been chatting to friends and family and get a standard 'So? Just leave them, you're not coming back right?' Surely it can't be that easy? Has anyone done a runner or know someone who has and what was the story? Does it work?
Morally, I think I could live with myself, maxing the cards out before I go would ease the guilt i guess, but being deported and having to pay it back doesn't sound good... can they find you in NZ?
planning on moving out relatively soon to NZ, next 6 months or so, and the plan was always to clear debts with the house sale and be free for the first time in about 10 years! Trouble is, I've just added it up, and its a tad more than i thought it was.... I've been chatting to friends and family and get a standard 'So? Just leave them, you're not coming back right?' Surely it can't be that easy? Has anyone done a runner or know someone who has and what was the story? Does it work?
Morally, I think I could live with myself, maxing the cards out before I go would ease the guilt i guess, but being deported and having to pay it back doesn't sound good... can they find you in NZ?
NZ has pretty close links with the UK I think with tax issues etc. so I for one wouldn't risk it.
#4
Re: Debt management
Hi all,
planning on moving out relatively soon to NZ, next 6 months or so, and the plan was always to clear debts with the house sale and be free for the first time in about 10 years! Trouble is, I've just added it up, and its a tad more than i thought it was.... I've been chatting to friends and family and get a standard 'So? Just leave them, you're not coming back right?' Surely it can't be that easy? Has anyone done a runner or know someone who has and what was the story? Does it work?
Morally, I think I could live with myself, maxing the cards out before I go would ease the guilt i guess, but being deported and having to pay it back doesn't sound good... can they find you in NZ?
planning on moving out relatively soon to NZ, next 6 months or so, and the plan was always to clear debts with the house sale and be free for the first time in about 10 years! Trouble is, I've just added it up, and its a tad more than i thought it was.... I've been chatting to friends and family and get a standard 'So? Just leave them, you're not coming back right?' Surely it can't be that easy? Has anyone done a runner or know someone who has and what was the story? Does it work?
Morally, I think I could live with myself, maxing the cards out before I go would ease the guilt i guess, but being deported and having to pay it back doesn't sound good... can they find you in NZ?
Hi ya I've pm'd you
#5
Re: Debt management
Hi all,
planning on moving out relatively soon to NZ, next 6 months or so, and the plan was always to clear debts with the house sale and be free for the first time in about 10 years! Trouble is, I've just added it up, and its a tad more than i thought it was.... I've been chatting to friends and family and get a standard 'So? Just leave them, you're not coming back right?' Surely it can't be that easy? Has anyone done a runner or know someone who has and what was the story? Does it work?
Morally, I think I could live with myself, maxing the cards out before I go would ease the guilt i guess, but being deported and having to pay it back doesn't sound good... can they find you in NZ?
planning on moving out relatively soon to NZ, next 6 months or so, and the plan was always to clear debts with the house sale and be free for the first time in about 10 years! Trouble is, I've just added it up, and its a tad more than i thought it was.... I've been chatting to friends and family and get a standard 'So? Just leave them, you're not coming back right?' Surely it can't be that easy? Has anyone done a runner or know someone who has and what was the story? Does it work?
Morally, I think I could live with myself, maxing the cards out before I go would ease the guilt i guess, but being deported and having to pay it back doesn't sound good... can they find you in NZ?
we came here and decided this was going to be debt free life,no car loans,no debt....its a good feeling..
#6
BE Enthusiast
Joined: Apr 2007
Location: Dunedin now, Rangiora and Christchurch before
Posts: 463
Re: Debt management
First, I must say I am surprised that you would think that it would be OK or that a spend up on the credit cards would make you feel better. Even if you propose a debt settlement with your creditors, yo uwill find that if you return to the UK you may not be able to borrow money or if you can, it will be at higher rates.