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Response to Bankruptcy

from James Simons (james_2999@hotmail.com)
What you are basically suggesting is dishonest and could be prosecuted in a criminal court as fraud. If you disappear abroad, you can be chased by debt collectors and taken to court in the country you go to and the millstone of debt will follow you wherever you go.

A much better option if you genuinely cannot pay your debts, is to seek advice from a Money Advisor at your nearest Citizens Advice Bureau (the advice is free of charge). If bankruptcy is an option, they'll advise you what to do. You need to find a way forward wherby you can escape from the debts and the lenders. Running away from them is only a temporary delay. They do track people down.

(posted 8500 days ago)

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