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Loan agreement - steve edwards 2010-03-13 12:04:16
 
Basically, I'm just picking myself up after a long period of unemployment, a period of which I was off sick. I've got about £4000 worth of debts. I'm working now and living in Italy although earning little. One of my debts is for £1019 to Dell for a laptop which should have cost £500 had I paid for it quickly. As it happens after I bought it I hit a bout of unemployment and never paid a penny. Now they want the full 36 months worth at double the price of the computer. Fact is, they don't know where I am, but I'm feeling a niggling desire to sort out my past debts, and wondered what I should do about this one. The way the world tries to rip us off, I really don't feel like paying over a grand for a laptop that should have cost £500, especially when it needs a new motherboard after 2 year. What legs do I have to stand on ?

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Re:Loan agreement - simon wiggins 2010-03-13 14:33:20
 
Hi Steve & thank you for your interest in our site. Unfortunately we only offer advice to UK residents so your query is outside of our remit.

You could re-post your query on our open debt forum which does have a section for global debt queries. the link to use to do sis as follows

http://www.debtquestions.co.uk/debt_forum/viewforum.php?f=11&sid=c40c72ac5f8092bd000173b5d88806f0

Alternatively you need to either locate a similar service online in the country you now live in or obtain face to face advice from the equivalent to a UK CAB or other independent advice agency in your area.

I would however point out that the non-payment of debts in the UK is usually a civil matter and as such there are no issues re returning or leaving the UK with unpaid debt. You are therefore not going to have any difficulties re getting through UK airports either way. I would also comment that if this was the main reason for leaving that you have up until the point that you have lived abroad for 3 years to return to the UK and use UK insolvency law to wipe your debts out once and for all. Many hundreds of people return to London each year, apply to be made bankrupt, wipe their debt out and then fly out again back to their lives abroad but critically debt free. This is an option still open to you and would avoid you being traced and the debts sold to local firms in countries with potentially far more draconian debt remedies than the UK's some of which still include jail time. So in the vast majority of cases non payment and then moving abroad only delays matters not gets rid of any recovery action against the debtor Your choice is therefore to wait until they locate you and then either sell the debt to a local company in its entirety in which case the Italian legal system would be open to them or you deal with them under UK law which is often far easier to do. So if it was me I would use the opportunity to sort the mess out and free myself of the debt nightmare you left the UK. Raising the £510 fee though will of course pose a barrier but that’s a good swap for all that you now owe and the end to having to look over your shoulder until your traced. Finally if you choose to do this you can only proceed in the high court offices in the strand in London because of the time you have lived abroad not as per usual in a local county court.

Once again thank you for your interest in our site & good luck.

Simon Wiggins
Site Moderator

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