F
frank2009
Guest
hi all , ive decided im going to leave the country for a few years my debts are out of control and ive since lost my job again due to the downturn, I know its not a good idea abd moraly its wrong , im looking for advice on what will happen when the ban ks cant sumons me to court , will they get a judgement anyway , and will some banks take you to court for 2500; 3 grand ... i would apreciate some genuine legal knowledge ..thanks
hi owesafortune, this is my first reply/post on here so please excuse any typo errors.
Sorry to hear about your misfortune with your debts. ive been in a somewhat similer position. A few years ago i became ill,unable to work and thus found it impossible to service my quite considerable unsecured debts to the level of repayment my creditors expected and to which i had signed up to and agreed to.
I worried,panic set in,at the time i wished i could do a runner,stuck my head in the sand for a time and when the barrage of phone calls and letters started i really contemplated suicide. They just wouldnt listen to reason.
To cut a long story short, i eventually sought help from mabs,they contacted creditors,explained the situation and came to a reduced payment plan with agreeable creditors.
But there is a flipside,the banks/finance houses that i owed the most to were the most agreeable to the reduced payments,it was the ones with the least amounts outstanding ie-3000euro and under that sought and obtained judgment and went for installment orders.
so in answer to your question,yes by god they will pursue, from my experience of
the antiquated system anyway.THEY CANT TAKE BLOOD FROM A STONE, BUT THEY WILL TRY.