Quizzes & Puzzles1 min ago
help needed
38 Answers
please can someone anwser these accuratley for me many thanx;
If i left the country with a joint morgage in my name, and i left the Uk for australia would any authorties be able to chase me up for money?
would the interpol be chasing me or is it not that much of a big deal?
If i left the country with a joint morgage in my name, and i left the Uk for australia would any authorties be able to chase me up for money?
would the interpol be chasing me or is it not that much of a big deal?
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For more on marking an answer as the "Best Answer", please visit our FAQ.If you owe money on the mortgage (which I assume you do from your question) then - unless the other joint owner goes on paying it - the property will be repossessed. It will then be sold and what will happen depends on whether the sale price covers the mortgage (including arrears of interest up to sale date) and all the selling costs. If it does you have nothing to worry about because there is no debt. If it does not, then the mortgage lender will eventually try to recover the debt from either you or the other joint owner - you are both fully liable for the full amount and they can chase either of you, or both.
Going abroad is no guarantee that they (or their agent, or someone they sell the debt to) won't find you. If they do, what happens depends on the laws relating to this type of debt in the country you are in. In UK, they are civil matters and criminal authorities such as interpol are not involved, but I can't say what the position is abroad - it varies from country to country and I did hear about someone being thrown into prison in another country for a debt they left behind here.
In principle, it is never a wise idea to go away and leave this sort of problem behind - you may be lucky (so long as you don't return to UK) but it could easily come out the woodwork to hit you several years down the track.
Going abroad is no guarantee that they (or their agent, or someone they sell the debt to) won't find you. If they do, what happens depends on the laws relating to this type of debt in the country you are in. In UK, they are civil matters and criminal authorities such as interpol are not involved, but I can't say what the position is abroad - it varies from country to country and I did hear about someone being thrown into prison in another country for a debt they left behind here.
In principle, it is never a wise idea to go away and leave this sort of problem behind - you may be lucky (so long as you don't return to UK) but it could easily come out the woodwork to hit you several years down the track.
I know Australia is particularly tight on the background of people entering their country to live. I am not sure whether you have already got the paperwork in order but if you are looking to stay out there long term then they will be looking into your financial background and leaving a joint mortgage behind may well not help your chances.
I can pay the MORTGAGE u dont even know my circumstances why dnt u go pester someone that will actually bother with opinion bcos clearly i dnt give 2 pennys worth for it..
who u calling woman, ure the one starting petty internet arguments, ure the biggest poof of them all.
ANYWAYS BACK 2 MY TOPIC *slams door on ure face*
please can someone anwser these accuratley for me many thanx;
If i left the country with a joint morgage in my name, and i left the Uk for australia would any authorties be able to chase me up for money?
would any creditors or debt collectors or even the interpol be chasing me for money?
who u calling woman, ure the one starting petty internet arguments, ure the biggest poof of them all.
ANYWAYS BACK 2 MY TOPIC *slams door on ure face*
please can someone anwser these accuratley for me many thanx;
If i left the country with a joint morgage in my name, and i left the Uk for australia would any authorties be able to chase me up for money?
would any creditors or debt collectors or even the interpol be chasing me for money?