Dragonfly321
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UK Debt Emigrated to Australia
Dragonfly321 replied to Dragonfly321's topic in Overseas Debt/Overseas Account issues
The account is about 20 yrs old, it’s been overdrawn about 2 yrs - most of the overdraft is now made up of bank charges -
UK Debt Emigrated to Australia
Dragonfly321 replied to Dragonfly321's topic in Overseas Debt/Overseas Account issues
Ok, thanks - so if I did not pay it they would not chase me over in Australia, but I would need to inform them I’ve moved to Aus wouldn’t I ? -
I emigrated to australia permanently about a year and a half ago, but still have an overdraft of 2500 pounds with a bank in the UK. I am struggling to pay it off, and am being charged 1.75 a day for the overdraft. I have not informed the bank that I have moved to Australia. Im wondering what is the best course of action. I do not intend to return to the UK and have no assets or family over there. I rang up a call centre for the bank and informed them of my situation and they suggested i ring the branch and speak to them. I intend to pay the debt off, but am not in a position to do so right now, and was hoping the bank might put a hold on the charges, whilst I can get the finances to pay them off. alternatively, what would happen if I did not pay this debt off
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