Feel free to use an alias!!!
Jun 4th 2004, 12:54 am
#1
Country Member
Thread Starter
Joined: May 2003
Location: Moved from Georgetown to Round Rock, Texas. 15 miles closer to civilization.
Posts: 936
Feel free to use an alias!!!
I don't expect real names on this one.
Did anyone move from the UK and leave debts behind? Credit Card or bank loans.
Any what did you do? Arrange payments over a period or just hope that they didn't find you.
With about £25k owing, I'm tempted to use my credit card to buy an air ticket to Australia to throw them off the scent and then use cash to buy a ticket to the US.
Illegal, immoral or both? The big banks can afford it - can't they??
G1ant
Did anyone move from the UK and leave debts behind? Credit Card or bank loans.
Any what did you do? Arrange payments over a period or just hope that they didn't find you.
With about £25k owing, I'm tempted to use my credit card to buy an air ticket to Australia to throw them off the scent and then use cash to buy a ticket to the US.
Illegal, immoral or both? The big banks can afford it - can't they??
G1ant
Jun 4th 2004, 1:20 am
#2
Banned
Joined: Oct 2003
Location: Yeeha, US
Posts: 739
Re: Feel free to use an alias!!!
Originally posted by g1ant
I don't expect real names on this one.
Did anyone move from the UK and leave debts behind? Credit Card or bank loans.
Any what did you do? Arrange payments over a period or just hope that they didn't find you.
Illegal, immoral or both? The big banks can afford it - can't they??
G1ant
I don't expect real names on this one.
Did anyone move from the UK and leave debts behind? Credit Card or bank loans.
Any what did you do? Arrange payments over a period or just hope that they didn't find you.
Illegal, immoral or both? The big banks can afford it - can't they??
G1ant
arrange for payments before/after you leave.
Jun 4th 2004, 2:50 am
#3
BE Forum Addict
Joined: Jan 2003
Location: Edmonton.
Posts: 1,043
Do a search for debt or money G1ant. There was a lengthy discussion covering this very topic not too long ago. I'm sure you'll find some info in there.
Jun 4th 2004, 11:47 am
#4
Country Member
Thread Starter
Joined: May 2003
Location: Moved from Georgetown to Round Rock, Texas. 15 miles closer to civilization.
Posts: 936
Originally posted by snorkmaiden
Do a search for debt or money G1ant. There was a lengthy discussion covering this very topic not too long ago. I'm sure you'll find some info in there.
Do a search for debt or money G1ant. There was a lengthy discussion covering this very topic not too long ago. I'm sure you'll find some info in there.
Of course the situation is totally hypothetical. I wouldn't dream of doing a runner.
--------------------------------------
I found the thread. Very interesting it is too.
I think everyone should treat large financial institutions with the same compassion and respect that they treat you. That seems fair enough.
Last edited by g1ant; Jun 4th 2004 at 11:55 am.
Jun 4th 2004, 12:23 pm
#5
BE Enthusiast
Joined: Oct 2002
Location: Connecticut
Posts: 920
If the debt was a few hundred pounds/dollars, then I'm sure the bank would just leave it if they couldn't find you, until you return to the country again. But if the debt is a large one like 25,000 I am sure they will try their best to follow you. the last thing another country needs is someone gathering debt and leaving it behind when they walk out so you may actually get co-operation between countries with where you are.
Personally, I couldn't just walk away from something we owe. We pay a loan from the US to the UK regularly and it isn't much hassle the majority of the time. I would prefer to pay it than have it on my conscience. if we didn't pay it, we would have problems every time we wanted to go back to the UK, I'm sure, or if we wanted to move back permanently.
Personally, I couldn't just walk away from something we owe. We pay a loan from the US to the UK regularly and it isn't much hassle the majority of the time. I would prefer to pay it than have it on my conscience. if we didn't pay it, we would have problems every time we wanted to go back to the UK, I'm sure, or if we wanted to move back permanently.
Jun 4th 2004, 2:54 pm
#6
British/Irish(ish) Duncs
Joined: Jan 2003
Location: Cambridge MA, via Mississippi and Belfast Northern Ireland.
Posts: 700
Originally posted by Ben
If the debt was a few hundred pounds/dollars, then I'm sure the bank would just leave it if they couldn't find you, until you return to the country again. But if the debt is a large one like 25,000 I am sure they will try their best to follow you. the last thing another country needs is someone gathering debt and leaving it behind when they walk out so you may actually get co-operation between countries with where you are.
Personally, I couldn't just walk away from something we owe. We pay a loan from the US to the UK regularly and it isn't much hassle the majority of the time. I would prefer to pay it than have it on my conscience. if we didn't pay it, we would have problems every time we wanted to go back to the UK, I'm sure, or if we wanted to move back permanently.
If the debt was a few hundred pounds/dollars, then I'm sure the bank would just leave it if they couldn't find you, until you return to the country again. But if the debt is a large one like 25,000 I am sure they will try their best to follow you. the last thing another country needs is someone gathering debt and leaving it behind when they walk out so you may actually get co-operation between countries with where you are.
Personally, I couldn't just walk away from something we owe. We pay a loan from the US to the UK regularly and it isn't much hassle the majority of the time. I would prefer to pay it than have it on my conscience. if we didn't pay it, we would have problems every time we wanted to go back to the UK, I'm sure, or if we wanted to move back permanently.
There are lots of previous discussion on this one so check them out i wont go over my own views again(to the relief of many).
The main issue is that if you skip you burn boats so if you dont have perm resident status be very careful. Also if you later went looking to become licenced for some professions in the USA (like becoming an Attorney) you would find that they would want evidence of previous civil cases you were party too in the UK. Your debts would come up and as your actions show dishonesty you might have problems. Think long and hard there are legal ways to deal with it and have minimal future problems.
Jun 4th 2004, 2:57 pm
#7
BE Enthusiast
Joined: Jan 2004
Location: PA
Posts: 527
Originally posted by Duncs
Actually i doubt it. £25000 not that big a debt and they would spend more to recover in the USA. They will most likely default you in the UK then sue you and get a court order and it will sit there until you get back to the UK.
There are lots of previous discussion on this one so check them out i wont go over my own views again(to the relief of many).
The main issue is that if you skip you burn boats so if you dont have perm resident status be very careful. Also if you later went looking to become licenced for some professions in the USA (like becoming an Attorney) you would find that they would want evidence of previous civil cases you were party too in the UK. Your debts would come up and as your actions show dishonesty you might have problems. Think long and hard there are legal ways to deal with it and have minimal future problems.
Actually i doubt it. £25000 not that big a debt and they would spend more to recover in the USA. They will most likely default you in the UK then sue you and get a court order and it will sit there until you get back to the UK.
There are lots of previous discussion on this one so check them out i wont go over my own views again(to the relief of many).
The main issue is that if you skip you burn boats so if you dont have perm resident status be very careful. Also if you later went looking to become licenced for some professions in the USA (like becoming an Attorney) you would find that they would want evidence of previous civil cases you were party too in the UK. Your debts would come up and as your actions show dishonesty you might have problems. Think long and hard there are legal ways to deal with it and have minimal future problems.
Jun 4th 2004, 3:13 pm
#8
Joined: Mar 2003
Posts: 68,280
Re: Feel free to use an alias!!!
Originally posted by g1ant
The big banks can afford it - can't they??
G1ant
The big banks can afford it - can't they??
G1ant
Last edited by manc1976; Jun 4th 2004 at 4:21 pm.
Jun 4th 2004, 4:05 pm
#9
Country Member
Thread Starter
Joined: May 2003
Location: Moved from Georgetown to Round Rock, Texas. 15 miles closer to civilization.
Posts: 936
Re: Feel free to use an alias!!!
Originally posted by ray6
With that attitude..No wonder you got problems..what a moron..
With that attitude..No wonder you got problems..what a moron..
-------------------------------------
Apparantly I'm guilty of profanity for which I apologise. Normally I'm perfectly able to express an opposing point of view without resorting to abuse.
------------------------------
OK, truce.
Last edited by g1ant; Jun 4th 2004 at 4:34 pm.
Jun 4th 2004, 4:10 pm
#10
@matthewb76
Joined: Jul 2003
Location: Missouri
Posts: 21,886
g1ant please see my pm
Jun 4th 2004, 5:23 pm
#11
Not dead yet
Joined: Apr 2004
Location: In a world of my own where I know everyone
Posts: 15,042
Originally posted by Duncs
(like becoming an Attorney) you would find that they would want evidence of previous civil cases you were party too in the UK. Your debts would come up and as your actions show dishonesty you might have problems.
(like becoming an Attorney) you would find that they would want evidence of previous civil cases you were party too in the UK. Your debts would come up and as your actions show dishonesty you might have problems.
Jun 18th 2004, 6:55 am
#12
Country Member
Thread Starter
Joined: May 2003
Location: Moved from Georgetown to Round Rock, Texas. 15 miles closer to civilization.
Posts: 936
Re: Feel free to use an alias!!!
Originally posted by g1ant
Illegal, immoral or both? The big banks can afford it - can't they??
G1ant
Illegal, immoral or both? The big banks can afford it - can't they??
G1ant
"UK banking giant HSBC is cutting up to 3,500 head office and other UK support role jobs to cut costs....
....the bank made a record profit of £6.9bn ($12.8bn) in 2003"
I rest my case.
Jun 18th 2004, 2:39 pm
#13
BE Enthusiast
Joined: Oct 2002
Posts: 875
So are you saying any company that makes a profit deserves to be ripped off by it's customers?
Do you think it is acceptabel to shop lift in Tescos because they made a whopping big profit last year?
Everyone is happy to blame the banks for all their financial problems, but nobody makes anyone take huge wads of money and blow it on silly things. One of the reasons why interest rates are so high on loans and credit cards is because of the number of people who default on their payments. It's these selfish pigs who make it tough on those who are honest but don't have the financial resources to have any extras in life without the plastic.
Do you think it is acceptabel to shop lift in Tescos because they made a whopping big profit last year?
Everyone is happy to blame the banks for all their financial problems, but nobody makes anyone take huge wads of money and blow it on silly things. One of the reasons why interest rates are so high on loans and credit cards is because of the number of people who default on their payments. It's these selfish pigs who make it tough on those who are honest but don't have the financial resources to have any extras in life without the plastic.
Jun 18th 2004, 2:43 pm
#14
Guest
Posts: n/a
Originally posted by Vicky88
So are you saying any company that makes a profit deserves to be ripped off by it's customers?
Do you think it is acceptabel to shop lift in Tescos because they made a whopping big profit last year?
Everyone is happy to blame the banks for all their financial problems, but nobody makes anyone take huge wads of money and blow it on silly things. One of the reasons why interest rates are so high on loans and credit cards is because of the number of people who default on their payments. It's these selfish pigs who make it tough on those who are honest but don't have the financial resources to have any extras in life without the plastic.
So are you saying any company that makes a profit deserves to be ripped off by it's customers?
Do you think it is acceptabel to shop lift in Tescos because they made a whopping big profit last year?
Everyone is happy to blame the banks for all their financial problems, but nobody makes anyone take huge wads of money and blow it on silly things. One of the reasons why interest rates are so high on loans and credit cards is because of the number of people who default on their payments. It's these selfish pigs who make it tough on those who are honest but don't have the financial resources to have any extras in life without the plastic.