Moving to the US with outstanding debts.

-taff

I think you should take advantage of any legal loophole you can, because money is not as important as people are.

nolongerindenial

Hi -taff

I agree that money is not as important as people are - look at me I am hardly the best example with my frankly laughable credit score (it has been joked in our house I couldnt get a penny sweet on credit even if I begged)

For those people that are in serious troubles, there is bankruptcy as an option - and quite often lenders are willing to discuss after a year or two a reduced settlement so they can write it off as bad debt and just move onwards and upwards, this was what I was aluding to by make every effort to pay it back.

I have a creditor whom I have an agreement to pay a token payment of £1 per month back to, I am hoping to increase this drastically towards the end of the year after my priority debts are cleared. and should they offer me a full and final settlement I would do anything I could legally to obtain this money!

I do feel there should be something like statute barred, maybe mediation through the courts to find a fair deal in which the company gets some money back, the debtor gets relief from the debts and can move on with there life, however I feel statute barred is a bit to leniant.

whilst I know the people I know are the minority, but some people get credit, buy what they want then refuse to pay and ignore all correspondance from the companies, move house etc purposefully playing the 6 year rule. One person I know personally claims to have gained in excess of 50k's worth of stuff and never paid a penny for it as they have played the game...

Either statute barred should be updated to prevent repeat offenders getting away with it, or alternatively scrapped and replaced with Mediation like in the county courts - I had to mediate a deal recently with our water board and found the process very good and helpful!

Max_Maxwell

OP, what you are really asking for is permission to leave the country and absolve responsibility for your debt. Frankly, that's a big ask of the good people on here who are struggling to repay what they owe every day.

If your plan is to leave your debt behind I suggest you deal with it privately through the charitable organisations available and not seek approval from those staying the course on here.

loveka

Hi. The replies you have had have got a bit odd I think.

You asked if there are organisations to help. Yes, phone Step change or National debt line on Monday and explain the situation to them.

You can also phone the bank/credit card company and explain the situation to them. Offer them a payment of what you can afford. Confirm the agreement in writing. Set up a direct debit and pay this new amount. When you move you could carry on this new arrangement from your US bank account even if it is just £1 a month.

It sounds to me. that you want to pay what you owe and you owe it because you were helping your mum out. This forum is usually much more supportive!

A friend of mine left for Canada whilst in an IVA having run up 60k of credit card bills buying clothes and shoes. She didn't even think about it.

Good luck.