Can Debt Follow You to Another Country?

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  • เผยแพร่เมื่อ 11 ม.ค. 2025

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  • @MoneyNerd
    @MoneyNerd  ปีที่แล้ว

    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 7 หลายเดือนก่อน +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?

  • @jackedwolflifts
    @jackedwolflifts 19 วันที่ผ่านมา +1

    I have financed car and leaving Canada what will happen

  • @mrunknown7297
    @mrunknown7297 6 วันที่ผ่านมา

    Can they take you to court if u have dept around £50k , what would be your advice dept relief order or Iva If someone has been unemployed for around 8 months and have suffered from immense stress and creditors are sending scary letters like taking that person to court can they take legal action, can anyone answer this question please need some guidance. What will be best option Iva or dept relief order. Thanks

  • @jom626
    @jom626 7 หลายเดือนก่อน +7

    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 7 หลายเดือนก่อน +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 ปีที่แล้ว +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  ปีที่แล้ว

      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 10 หลายเดือนก่อน +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  10 หลายเดือนก่อน

      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 9 หลายเดือนก่อน

      Have you received any charges so far?

    • @dhairyabhatt-pt2tk
      @dhairyabhatt-pt2tk 2 หลายเดือนก่อน

      Hello

    • @harshvardhanchowdhary256
      @harshvardhanchowdhary256 หลายเดือนก่อน

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

  • @mikeyodea9167
    @mikeyodea9167 ปีที่แล้ว +2

    Would the same rules apply in Ireland?

    • @MoneyNerd
      @MoneyNerd  ปีที่แล้ว

      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 4 หลายเดือนก่อน +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?

    • @FrankPugliese-o1x
      @FrankPugliese-o1x 3 หลายเดือนก่อน +2

      You have to look if India is a non extradition country.

    • @ig_tinku_gaming
      @ig_tinku_gaming หลายเดือนก่อน

      Any update?