If you have a lot of debt will moving abroad get rid of it?
- Posted:
- 3+ months ago by simon howe
- Topics:
- lots, moving, debt, abroad
Answers (5)
Simple answer is no, it will not. Also, depending on the level of debt, it may make the situation worse. Basically debt follows you, as soon as you arrived in your new country you would want to open a bank account and in order to do so the bank will perform a credit check on you and up will pop the debt. I suppose that if you used a false name and had falsified documentation you could get around that but would cost a serious amount of money and in all probability end up with you getting a criminal record and a custodial sentence on top of the debt.
Yes, you cannot ride of it, but if your behind in your payments & need help go to the Bankruptcy Experts Gold Coast they can speak to the creditors & help you with a payment plan with them it helps you if your worried to speak with your self cause some places can be very nasty to you!! do feel ashamed or embarrassed to ask them for help its a free service & they really can help you!!
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