debtishell4
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Hi , I have an unsecured credit cad debt with banks in south east Asia country two years ago. I moved to Scandinavian country and living here. I made last payment two years ago. For one and half year, I had no contacts with the bank as the bank did not know where am I? But due to social network the bank traced me out and in last November I received a call on my work place . Initially I could not understand the situation and made a payment plan with the bank on telephone for repayment of the deb. After that I received a letter through e-mail containing the payment plan which I did not reply and I have not made any payment yet. The debt amount with out any interest is 1896 GBP for credit card and 1896 GBP for ready credit. The bank has added about 1000 GBP interest to each account. I have done some research and came to know that the south east Asian country does not have any reciprocal agreement with the country where does I live now. But that country has agreement with UK. Here are my questions: 1)- What is the possibility that bank will chase the debt through international DCA? 2)- Is debt enforceable where I live as there is no reciprocal agreements between two countries? 3)- The south east asian country is not member of Hague convention but has agreement with UK. Can the bank come to Scandinavian country through UK? 4)-Why bank is still keeping the debt and has not sold my debt to DCA or has not taken tax relief? 5)- I understand that to chase a debt the bank must have a CCJ. Is it correct? Thank you in advance for kind replies.
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Dubai debt collection through the UK
debtishell4 replied to brian f's topic in Overseas Debt/Overseas Account issues
Sorry my mistake. -
Dubai debt collection through the UK
debtishell4 replied to brian f's topic in Overseas Debt/Overseas Account issues
I understand about what are you talking about. There are two convention Brussels and Laguna convention which apply to EU countries and not on whole world. My point was that you mentioned in your post that Hague convention covers the whole world but my point is that the Hague convention applies only six countries not on whole world. -
Dubai debt collection through the UK
debtishell4 replied to brian f's topic in Overseas Debt/Overseas Account issues
Hague convention on foreign judgments in civil and commercial matters does not apply to in any country in the world. There are only 6 countries who recognize judgement of other countries. If you google the hague convemtion website you can find it.
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