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Hi everyone,
I left Nz 2 years ago in debt of about 12k atleast. I have been living in Australia where i moved to make more money to pay off that debt but to my dismay the employment rate here is worse then back home. Im coming into some money soon in which i want to pay off all my debt and i was wondering... i want to move back ton NZ this year. If i did, would i be met by officials at the airport? will i be risking prison? will i be allowed to leave the country again? Please, i need serious and acurate information, this is a sensitive subject with me. I need to pay my dues, i need t pay my debt and take full responcabilty for it.
Thank you so much for your time.
Take care
Credit card debts.
You did not mention whether it is your credit card debt or not. If you are unable to make your credit card payments, you don't have to go to jail as this act is not considered as a crime in the United States.
But you may go to jail, if you have committed credit card fraud.
No it isnt Credit card fraud, it is a credit card, a personal loan and a miss comunication with a gym. There has been no fraud in volved. Any info?
reply
Hi Zezinho,
i want to move back ton NZ this year. If i did, would i be met by officials at the airport? will i be risking prison?
No, you can't be taken to prison for credit card debt.
In your case the Statute of Limitations will restart once you get back to your country. You will have to first pull a copy of your credit report, and check the status of all these accounts. You will have to contact your creditor/lender, or collection agency whoever holds the account to set up payment arrangements. Get the payment agreements in writing.
Thanks,
Aaron
Aaron
Thank you very much!! Do you know i had honestly no idea what a Statute was lol but thank you so much. I hope all works out.
cheers
Ze
reply
Hi Zezinho,
Statute of Limitations is the time limit within which the creditor can sue you for not paying the dues. Hope that you will be able to work this out.
Regards,
Aaron
Statute of Limitations
Thank you Aaron,
I'm aware of that now. New Zealand law doesnt allow for suing... strange i know, you can't sue anyone there; but they would be able to take one to court. I will keep looking into it though to see what is going to happen :)
Thanks again
Ze
Statute of Limitations
Hi Zezinho,
That's good information indeed, and interesting. So, how does it work out? Thanks for sharing this information.
Thanks,
Aaron
credit
AAron...how can the SOL 're-age' when the OP moves back? I thought the SOL doesn't 're-age' unless you start making payment arrangments, again. If the SOL has ALREADY expired (or did I mis something in the posts?), then why even ATTEMPT to make arrangements?
Suing
Well, its like going to the court because you have a claim against someone and they are choosing not to acknowledge it, you are then able to take them to court for a hearing.
Depending on the amount you are able to take them to the disputes tribunal i think anything under around 7.5k, for that you dont even need a lawyer, you represent yourself. so obviously it isnt as formal as a actual 'court' hearing. amounts higher, it is formal and you can still represent yourself but thats probably not a good idea lol.
credit
It will not be easy to 'startover' (lack of a better word) when you move back home and take care of all your debts. But.........I have to pat you on the back because you WANT to take responsibility and take care of it. It's NOT easy to do (believe me!!..LOL). Slowly, but surely, I think you will beable to get your debt down.
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Hi sdchargers,
AAron...how can the SOL 're-age' when the OP moves back?
The Statute of Limitations restarts once the debtor moves back to his country. When a debtor leaves his country with debt, the clock on the SOL stops. However, when the debtor returns it starts ticking.
Hope this helps.
Regards,
Aaron
credit
AARON..ok..let me ask you this (and I hope I'm asking this so you can understand the meaning of HOW I'm asking it). Let's say when the OP moved to another country, and her SOL (from where she moved from) was 2 years 'into it' (are you following?). Then the OP moves to another country. THEN the OP moves back. Does the SOL have 2 years 'REMAINING' on it,..or..does the 4 years start over? Hope you're 'following' my question. (Sorry if it's confusing).