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Giving my house back to the bank?
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Off topic: I'd advise you not to burn your bridges. 7 years is a long time, If you need to come back for medical, family or legal reasons....GOOGLE it before you ask, you'll often save yourself a lot of time.
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The kicker is, if the have outstanding debts or are bankrupt, the ozzies wont let you in. If you get in, then go bankrupt, they'll probably kick you out. In fact, even with a job offer there is no way to know if you'll get in anyway. Your partner might but you might not... especially if you're not married.
I really don't think your in a position to accept the job offer and move to oz... sorry. A lot of people planning to move abroad will be caught out by this.
My advice is put the property on the market for current outstanding mortgage less your saving and see if it sells. If it doesn't, then you'r out of luck.Bankruptcy isn't the worst that can happen to you. The worst that can happen is your forced to live the rest of your life in abject poverty trying to repay the debts.0 -
How can graduates think that this is a good idea?
Which country has the future pleasure of your company then?
Why would you want to do this and spend the next 12 years looking over your shoulder? Take responsibility for your actions!0 -
The guy has not said he wants too run away from the house and debts he was just asking if there was a way forward for him and his partner....It is nice to see the value of your house going up'' Why ?
Unless you are planning to sell up and not live anywhere, I can;t see the advantage.
If you are planning to upsize the new house will cost more.
If you are planning to downsize your new house will cost more than it should
If you are trying to buy your first house its almost impossible.0
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