Went through all the agreements last night and it looks like they all have non-exclusive juridistiction clauses. Would be declaring bankruptcy in Singapore be an option?

Yes basically I borrowed unsecured funds from a variety of sources to invest in an off shore property scheme and lost my money. The investment was in Thailand and I was shafted and have no legal recourse (tried everything). I am paying the banks via the original loan agreements I signed up to and as of now have never missed a payment due

75k GBP. Was ripped off for a SE Asian property investment, foolish I know. Have serviced this down from about 120k. No I dont own any property here but would like to buy something soonish so this is my main concern as my partner would also be investing in this and I dont want her to be affected.

Are you certain on this? Why can they do nothing to me? I thought they have reciprocal agreements with the UK and can enforce the debts here?

All, First great forum, have been reading a lot of the posts on here and finally decided to write explaining my current predicament. A while ago I got involved with a bad investment (i was foolish and got robbed by a false development company) and have been left with a huge bill to repay. I up until now have been paying off all my debt as agreed with the banks but am now starting to struggle as I returned to the UK after christmas due to family issues and the GBP has tanked against the Singapore dollar. I left all my pension money I had saved in an account over there and this is currently covering my monthly payments. I am also trying to save here and send money back but the poor exchange rate is killing me. If I were to eventually default on the debt what can be done by the banks over there? I understand that they can apply for a court order to realise the money under the UK legal system or they can sell the debt to a UK agency. In the event of this happening what can I do to minimise the potential impact to my job and life in the UK? Any advice would be much appreciated as I a starting to worry constantly about the best course of action. Thanks!