Can Debt Follow You to Another Country?

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  • Опубліковано 30 лис 2024

КОМЕНТАРІ • 16

  • @MoneyNerd
    @MoneyNerd  Рік тому

    Struggling with debt and unsure about your legal options? Get online legal advice from a UK solicitor for just £5, potentially saving you a fortune in the long run. Click the link: justanswer.9pctbx.net/c/2873512/2107196/9320

  • @saulwhyman6120
    @saulwhyman6120 6 місяців тому +2

    If I up and left the uk for 6 years, how would I find out if my debt was wiped? Also what legal repercussions would I face?

  • @mikeyodea9167
    @mikeyodea9167 Рік тому +1

    If a loan was taken out in a Middle East area like Saudi or Dubai and once loan was got a person came back to EU or Oz can they pursue?

    • @MoneyNerd
      @MoneyNerd  Рік тому

      Hi @mikeyodea9167! The rules might be different in the countries you mentioned, but it's possible that debt collectors will follow you if the debt is sold to a collection agency in your new location.

  • @Opinion3456
    @Opinion3456 9 місяців тому +2

    Hello there i still have to pay £3000 to sky as monthly installments for my iphone and ipad, but moved to india as my UK visa expired. Will i be subjected to any debt collection in india.

    • @MoneyNerd
      @MoneyNerd  9 місяців тому

      Hi Truth Seeker! it's possible for Sky to pursue legal action and take you to court or employ a debt collection agency to find you in India. This article can provide more information on how debt can follow you to another country: moneynerd.co.uk/can-debt-follow-you-another-country/

    • @cortandooscortes
      @cortandooscortes 7 місяців тому

      Have you received any charges so far?

    • @dhairyabhatt-pt2tk
      @dhairyabhatt-pt2tk Місяць тому

      Hello

    • @harshvardhanchowdhary256
      @harshvardhanchowdhary256 15 днів тому

      What happened ? Can you give some update? I am in a similar situation

  • @jom626
    @jom626 6 місяців тому +6

    I was just curious what could any European country do if you took out a massive loan and then just moved to the likes of Russia ?? Do they have any incentives/permissions to chase you?

    • @raoufdib5774
      @raoufdib5774 6 місяців тому +4

      I’m not sure but I don’t think they can arrest you in Russia there’s a famous footballer Quincy Promes who’s wanted for attempted murder and assisting in a drug operation he moved to Russia and still plays professionally he’s completely untouchable as long as he never leaves

  • @mikeyodea9167
    @mikeyodea9167 Рік тому +2

    Would the same rules apply in Ireland?

    • @MoneyNerd
      @MoneyNerd  Рік тому

      Hi @mikeyodea9167, Ireland has a separate legal system from that of England, for example. In this case, you may want to get further clarification by consulting a financial advisor at StepChange www.stepchange.org/ or Citizens Advice www.citizensadvice.org.uk/

  • @rhythm_kumawat
    @rhythm_kumawat 2 місяці тому +1

    What if a massive loan was taken in uk and the person leaves uk and moves to india permanently do they have any right to find the person or arrest him in india?