I’m a foreigner, UK resident high skilled; 4 years ago my work-permit expired and my new one get “lost” in the mail; took me 3 years to get a new one – long history short: 1 defaulted bank account, 1 defaulted loan and 1 defaulted credit card. Total owed = £15000.
This year manage to get back no my feet, have already savings about £30000 and battling to decide to pay off my defaulted accounts or not. 2 years more and will reach the statute of limitation … in other hand if I pay I will probably wake up the Lion … and to be honest, the third: the pain experienced then, when no creditor would take my arguments and give me a “payment holiday”…Pay on Not?
2007-11-15
13:19:11
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4 answers
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asked by
VanHelsing
2
in
Personal Finance