leaving debt behind

[RichiJenny 14]

Its a shame as the OP asked for advice and the so called 'do-gooders' have their heads up their arses I agree.

Still, I guess everyones entitled to their own opinion. Even the ones that are full of #######.

Some would say to me, 'you're getting personal'. I'm responding to those who CHOSE to judge in THE FIRST INSTANCE.

they should know better.....but they dont!

[desert_fox 32]

Once a deatbeat, always a deadbeat.

Wondering why you cant get a credit card, and then dont make payments once you get one. And then to justify it on the basis of some notion of predatory lending practices???

Dont go to predatory lenders....be responsible for once in your life!!!!

Edited February 6, 2006 by desert_fox

[RichiJenny 14]

I could be down on my ####### or have 800,000 in the bank, so dont judge me buddy boy.

You really are a waste of space with views like that. Its not even an opinion, its just, 'noise'.

I'd suggest that you remove your head from your president's backside asap.

Not that I've ever had one...but I wouldnt call having a student loan from the Gov't 'irresponsible', would you?

99.9% of students in the UK have one.......

Not that I've ever had one...but I wouldnt call having a student loan from the Gov't 'irresponsible', would you?

99.9% of students in the UK have one.......

Would you call a nurse a deadbeat for being in a financial mess?

[roombarob 0]

I could be down on my ####### or have 800,000 in the bank, so dont judge me buddy boy.

You really are a waste of space with views like that. Its not even an opinion, its just, 'noise'.

I'd suggest that you remove your head from your president's backside asap.

Not that I've ever had one...but I wouldnt call having a student loan from the Gov't 'irresponsible', would you?

99.9% of students in the UK have one.......

Not that I've ever had one...but I wouldnt call having a student loan from the Gov't 'irresponsible', would you?

99.9% of students in the UK have one.......

Would you call a nurse a deadbeat for being in a financial mess?

I ran up debts in the move, so to say if you can afford to move you can afford to pay your debt is not always accurate. I did however pay my debt back once I got a job in the US for my own moral (and somewhat legal - fraud) reasons.

The point of this thread is about advice for the situation the OP is in, not a lecture on the morals of life or how wonderful hindsight is. I used to be the same, quick to judge, type of person.

It is funny how those with such high moral values on this thread would be considered by many ignorant people to have a 'mail order bride' or an economic reason for marriage; so don't judge! answer the question asked.

Oh - and yes, financial institutes should be ashamed with how they operate irresponsibly.

Edited February 6, 2006 by roombarob

[RichiJenny 14]

I could be down on my ####### or have 800,000 in the bank, so dont judge me buddy boy.

You really are a waste of space with views like that. Its not even an opinion, its just, 'noise'.

I'd suggest that you remove your head from your president's backside asap.

Not that I've ever had one...but I wouldnt call having a student loan from the Gov't 'irresponsible', would you?

99.9% of students in the UK have one.......

Not that I've ever had one...but I wouldnt call having a student loan from the Gov't 'irresponsible', would you?

99.9% of students in the UK have one.......

Would you call a nurse a deadbeat for being in a financial mess?

I ran up debts in the move, so to say if you can afford to move you can afford to pay your debt is not always accurate. I did however pay my debt back once I got a job in the US for my own moral (and somewhat legal - fraud) reasons.

The point of this thread is about advice for the situation the OP is in, not a lecture on the morals of life or how wonderful hindsight is. I used to be the same, quick to judge, type of person.

It is funny how those with such high moral values on this thread would be considered by many ignorant people to have a 'mail order bride' or an economic reason for marriage; so don't judge! answer the question asked.

Oh - and yes, financial institutes should be ashamed with how they operate irresponsibly.

Coudlnt have said that better myself. There's a lot of truth in those words...

You've hit the nail bang on the head. A very sensible, honest and decent post.

Thank you!

[isuckspam 0]

Personally, I know there's an education loan provided by a large U.K bank that won't be getting paid back, but the £8,000 I owe my parents will be.

The other thing I'll be paying off is my CC; it seems to wise to keep it paid up, since if I have to return to the U.K for whatever reason, I have a fairly decent amount of credit waiting for me until the card expires.

Just a thought.

[Cassie 8]

I'm out. This thread has brought out a lot of prejudice and ignorance from people who should know better.

I really hope that you are not considering me in this category, since my reason to post in the first place was to answer the OP's question as objectively as possible, which I think I did.

Richi's comments about "living in the real world" irked me, because, well, I am dealing with reality -- I have substantial debt, and I have had to give up a lot of stuff (most of which did not make the list I made) in order to change that, because for various reasons which I also outlined, not repaying my debts is not an option.

I want you to know that I completely understand your point of view and reference, because trust me, I have been there (from reading your subsequent posts, that has been even more confirmed). If by quoting you in my previous post, that it seemed too personal and/or upset you, I offer my humblest apologies.

Predatory lending is definitely something people need to be educated about, as well as managing credit card spending, and good money management in general. It all goes hand in hand.

Richi -- sorry that my opinions may not match yours, but you don't hear me calling you full of ****.

[Jasman0717 9]

Its a shame as the OP asked for advice and the so called 'do-gooders' have their heads up their arses I agree.

Where is that smilie with the head up it's ###!

[RichiJenny 14]

I'm out. This thread has brought out a lot of prejudice and ignorance from people who should know better.

I really hope that you are not considering me in this category, since my reason to post in the first place was to answer the OP's question as objectively as possible, which I think I did.

Richi's comments about "living in the real world" irked me, because, well, I am dealing with reality -- I have substantial debt, and I have had to give up a lot of stuff (most of which did not make the list I made) in order to change that, because for various reasons which I also outlined, not repaying my debts is not an option.

I want you to know that I completely understand your point of view and reference, because trust me, I have been there (from reading your subsequent posts, that has been even more confirmed). If by quoting you in my previous post, that it seemed too personal and/or upset you, I offer my humblest apologies.

Predatory lending is definitely something people need to be educated about, as well as managing credit card spending, and good money management in general. It all goes hand in hand.

Richi -- sorry that my opinions may not match yours, but you don't hear me calling you full of ****.

Cassie, first off, I apologise, if you think I was directing negative personal comments towards you.

Everyone is entitled to their own opinion and I fully respect that. I got slightly irate as individuals turn a QUESTION from the OP, into their own personal crusade about how to deal with debt.

I've known single mothers/fathers in debt up to their eyeballs...and the debt caused by feeding their own young kids.

Sorry, I just am a little more sensitive than some and have a fair bit of compassion too.

The question was 'what would happen IF'....and the influx of replies were extremely judgemental and uncalled for.

My question is to those......'why do you feel the need to judge'?

EVEN when personal thoughts weren't requested. Not everybody agrees, but it seems that people want to pigeon hole individuals who are in debt. You owe money, you're the bad guy...and if you dont/cant/wont pay it back, then to hell with you.

Actually, there's a couple of posters who's attitude towards debt irritated me, that I actually genuinely like.

[roombarob 0]

I had a serious question; can ignoring or defaulting on debt overseas affect your citizenship? could you be denied when the FBI do their checks?

[aidan80 9]

If the original poster doesn’t mind I’d like to add my own personal comments..

I’ve read this entire post, I don’t think “morals” can be applied in the same sentence as Banks or Credit Cards… when it comes to lending and recovering money.. These Banks & Credit Card Company’s are ruthless at making and recovering money they don’t have nor apply morals to people they intend to collect on.

If you owe them money and cant repay it, they don’t use nor apply any morals to you as a person.. You’re not a person.. you’re a number on a collections agents screen with a balance outstanding, nothing more nothing less.. they don’t care if you have to pay bills.. rent, car insurance, they don’t care if you starve as long as you pay up...

If you don’t pay up.. they eventually sell off your debt to an agency that wont hesitate to threaten you with prosecution, garnishment of wedges or even think twice about sending in bailiffs (repo man in the US I think?), they are trained to bully and corner you into giving them your money and they wont hesitate to use the “morals” approach on you… they are only happy to paint you as the bad guy.. after all you got this money you spent this money that wasn’t yours… how dare you not repay it to them right now with all “fees” and “interest”…

They are full of $hite in my opinion.. you spent money they made on the backs of other people like you with their rip off interest rates and beat me over the head and take my wallet “late” fees… these Creditors use dirty tactics to get customers to accept credit.. Then when the customer cant repay.. the Creditor just sells off the debt to (a sometimes barley legal) recovery agency that would repossess your soul in a second if you would let them and of course if they could make money on it!

If you can leave the debt back home and don’t intend to use or need credit back there for the next 7 years.. then do it.. they can't follow you all the way over here B) ... it isn’t a question of morals when it comes to cut your throat and bleed you dry capitalist institutes such as banks and their evil partners in the debt recovery business.

[Cassie 8]

Cassie, first off, I apologise, if you think I was directing negative personal comments towards you.

It's ok, I didn't take it like you were speaking directly at me, so no worries on that account. However, some of the (what I felt were) valid points you made were over shadowed by the "do-gooders who are full of *** need to pull their heads out of their ***** and live in the real world" kind of comments. It is possible to disagree without going down that road, and that was the point I was trying to make.

The question was 'what would happen IF'....and the influx of replies were extremely judgemental and uncalled for.

My question is to those......'why do you feel the need to judge'?

EVEN when personal thoughts weren't requested. Not everybody agrees, but it seems that people want to pigeon hole individuals who are in debt. You owe money, you're the bad guy...and if you dont/cant/wont pay it back, then to hell with you.

Personally, I was very uncomfortable seeing people telling the OP "don't worry about it, it won't come back to haunt you" etc. etc. What if it does? What if we are wrong, and something does happen? The question that kept running through my mind was "why take the risk? why not make arrangements? It may not be easy, but wouldn't it be worth it even if it's just to give some peace of mind?" I base this on personal experience: a few years ago, I was dating a gentleman who lived in London, England who was originally from New Zealand. He had a considerable chunk of money owing on student loans back in NZ, and he thought he was in the clear and didn't have to pay it back because he was no longer living in the country -- wrong! He was tracked down, and he had to make arrangements to begin repayments ASAP before getting in serious trouble.

The other thing to keep in mind is this: I personally have no problems understanding if people have legitimate reasons for not being able to pay back their debt. Life happens! I get that. I am less understanding, however, if people are using immigrating as a way to get out paying what they owe, particularly if they do have the means to eventually pay it back. But that's just me.

[isuckspam 0]

If the original poster doesn’t mind I’d like to add my own personal comments..

I’ve read this entire post, I don’t think “morals” can be applied in the same sentence as Banks or Credit Cards… when it comes to lending and recovering money.. These Banks & Credit Card Company’s are ruthless at making and recovering money they don’t have nor apply morals to people they intend to collect on.

If you owe them money and cant repay it, they don’t use nor apply any morals to you as a person.. You’re not a person.. you’re a number on a collections agents screen with a balance outstanding, nothing more nothing less.. they don’t care if you have to pay bills.. rent, car insurance, they don’t care if you starve as long as you pay up...

If you don’t pay up.. they eventually sell off your debt to an agency that wont hesitate to threaten you with prosecution, garnishment of wedges or even think twice about sending in bailiffs (repo man in the US I think?), they are trained to bully and corner you into giving them your money and they wont hesitate to use the “morals” approach on you… they are only happy to paint you as the bad guy.. after all you got this money you spent this money that wasn’t yours… how dare you not repay it to them right now with all “fees” and “interest”…

They are full of $hite in my opinion.. you spent money they made on the backs of other people like you with their rip off interest rates and beat me over the head and take my wallet “late” fees… these Creditors use dirty tactics to get customers to accept credit.. Then when the customer cant repay.. the Creditor just sells off the debt to (a sometimes barley legal) recovery agency that would repossess your soul in a second if you would let them and of course if they could make money on it!

If you can leave the debt back home and don’t intend to use or need credit back there for the next 7 years.. then do it.. they can't follow you all the way over here B) ... it isn’t a question of morals when it comes to cut your throat and bleed you dry capitalist institutes such as banks and their evil partners in the debt recovery business.

Well said.

[aidan80 9]

Well said.

Thanks..

[RichiJenny 14]

The immediate above are the kind of fair comments that are good to read.

Good on you folks.