Can i be chased for debt in another country

Blogging for Change. Running from debt won't be easy Establishing residency in a new country isn't easy, even under the best of circumstances. Debt Management Plans. Consolidation without a loan? See how a debt management plan can help improve your debt situation. Learn more. Visit our blog Browse our budget guides Learn about our services. Something went wrong! There was a problem submitting your email address.

Please try again later. Thank you for Signing up! You can expect a copy in your inbox every Thursday filled with tips and money saving ideas. Since , Trustpilot has received over million customer reviews for nearly , different websites and businesses. See what others are saying about the work we do. MMI is a member of the Consumer Federation of America CFA , an association of nonprofit consumer organizations that was established in to advance the consumer interest through research, advocacy, and education.

When you are away, your creditors can claim any and all assets and estates you hold back in the actual country of residence. They can take just as much as the money you owe them, and lawfully so. One other thing that happens is the continuously adding late fees and other additional charges. These together hike the owed money to an even higher amount, which is of course even harder to pay off. This means that if you try to avoid arrears by moving away, you may just be allowing your creditors to charge you higher.

You could get rid of debt collectors by writing off your debt. But they still will try to get to you in other ways. Yes, you can leave the UK with credit card debt, or any other form of arrear for that case, because you can only be prevented from leaving your country if you have committed a crime.

Not being able to pay your debts is not a criminal offence. Therefore, you may be able to move to a new country as it is not a criminal action to commit if you are indebted to credit cards in the UK, or any other countries for the record. A CCJ, or a county court judgment is issued to you by the court of law if your creditor takes your debt case to the judge. This is when you continuously fail to respond to your creditors and they find no other way around the situation.

One could say that it is a solution similar to selling an arrear to a debt collection agency. Except that in this case, the creditor does not forward your arrear to someone else, but rather takes the matter in their own hands and takes you to the court. On being issued a CCJ, it is a legal order for you to pay back the owed amount to the court. This is a struggle for the debtor as it brings with it a lot of additional charges, like court fees, etc.

However, even under a CCJ, you can leave your country and move away. Because again, even not paying back a CCJ is considered a criminal offence.

Open Menu. Home Articles Personal Debt Moving abroad to escape unpaid debts — what happens? Moving abroad to escape unpaid debts — what happens? Other Articles. What is the process of winding up a company in Scotland? Speak Direct With. We Don't Operate. Ask us About. Fully Regulated Advisors.

Helping Scots Get. We'll give you a call Our Scottish based team can help advise you on your debt problems. When should we call? Can we leave a message? Additional Comments Thank you for your enquiry. A member of our Scotland Debt team will be in touch as per your request. Please correct any validation errors. Call Me Back. Here at Scotland Debt Solutions we take your privacy seriously and will only use your personal information to contact you with regards to your enquiry.

We will not use your information for marketing purposes. As we have noted, you may live outside the UK, but proceedings against you to collect an account can very well stay here in the UK, and move forward without you being present. Then of course there is the issue of the accounts being sold on to a collection agency in another country. Some collection agencies use social media to locate and collect accounts.

And for some people, staying off of social media is near impossible. We use it as a communication tool to stay in contact with friends and family when we move away. There are many ways collectors, or anyone for that matter may locate you. It can be as simple as a redirection on your post, to changing jobs and paying taxes, using credit and your credit history being updated. Guide Chapters FAQs. And this collection process can take on many aspects.

My advice and opinion has been, try not to let it reach this level.