plank Posted October 8, 2008 Share Posted October 8, 2008 got a few credit cards, loans, etc, none of it secured  at the moment i am paying them off, but just wondered what if i thought balls to em ?  i live 2,000 miles away from UK, but still have a UK address, but not for much longer,  i could cancel my direct debits, sure I'd get a bad credit history, but lucky enough not to need finance for foreseeable future  before anyone starts, the banks have had a mint off me in the past in various arrangement fees and charges, etc Link to comment Share on other sites More sharing options...
Heyesey Posted October 8, 2008 Share Posted October 8, 2008 It's not a criminal offence, no; unless the banks can persuade a court that it was your intention all along to borrow money you would never pay back. That would be fraud. Â Â They can take you to court to order repayment. If you now live in Tenerife, I don't know to what extend a British court order can be enforced. You're still inside the EU. Link to comment Share on other sites More sharing options...
newvanandman Posted October 8, 2008 Share Posted October 8, 2008 Deafing them is sure to encourage charges and eventually ccj's but hey if your not coming back..... Link to comment Share on other sites More sharing options...
saxondale Posted October 8, 2008 Share Posted October 8, 2008 you don`t have a house your renting out do you ............? Link to comment Share on other sites More sharing options...
olorin Posted October 8, 2008 Share Posted October 8, 2008 They can of course pursue you in the local courts if they know your address there..... Link to comment Share on other sites More sharing options...
Charlotte_24 Posted October 8, 2008 Share Posted October 8, 2008 I would have thought banks would be cracking down and persuing outstanding debts, don't think it would be worth it. Link to comment Share on other sites More sharing options...
bendus2 Posted October 8, 2008 Share Posted October 8, 2008 As long as you do not own a house, you will have no problems. The chances of them finding you in tenerife is around zero. You will have problems for around 6 years after not paying, Biggest issue is how much money you are talking about. Life can change and if you come back to england it could take a long time to repair your credit rating. Link to comment Share on other sites More sharing options...
*binty* Posted October 8, 2008 Share Posted October 8, 2008 Been there, done that. Believe me you'd be much better off paying the money back rather than having them on your back!!! Link to comment Share on other sites More sharing options...
BILLYBOBS Posted October 8, 2008 Share Posted October 8, 2008 go for it. sod em all not a thing they can do just leave it 6 years and then they all go away been there done that pm me if you need some info!! Link to comment Share on other sites More sharing options...
Dhimmi Posted October 8, 2008 Share Posted October 8, 2008 If you deliberately fail to pay your debts, you are a thief! Link to comment Share on other sites More sharing options...
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