Hi I'm really interested in this, not because I want to completely avoid debt but because I want to gain some leverage in negotiations over a loan that I'm struggling to pay.
At the moment the lender has rejected any attempts I've made to reduce the monthly amount and are now threatening court action.
I'll be leaving the UK for Australia soon to rejoin my family so I'm considering this option.
Just a question to clarify,
I understand that a CCJ is enforceable in the courts in Aus so need to avoid this by being out of jurisdiction.
What I don't understand is why,