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  1. Crikey! Thought I was a rareity! Where did you skip off to may I ask?! Congrats in any case!
  2. We bought the London house in 2001 off our landlord who was desperate to sell at the time. We were given a hand up onto the property market without which we would never have been able to buy - even then prices were crazy. We did not own outright, we had a mortgage. When I say we had no legal charges, I meant from the other debts we had accumulated which we defaulted on eventually. I thought they would have slapped charges onto our London property as this is the quickest way for creditors to recover losses. Luckily I came back in time (8 months after I left) to sell this property before the creditors had got a chance to put legal charges. This was the next step they were going to take as I read in their letters, but they threaten and don't acttion mostly. We moved to Hastings in 2005 and didn't sell the London house but rented it out. We MEW'ed (I think the term is!) on the London house to raise the deposit for the Hastings house. So far so good. Well, what actually got us into (UK) trouble (debt) was buying a plot of land in Goa, India. We took out a secured loan on the Hastings house (2nd mortgage) to buy a plot of land in Goa, on which we built 5 villas. We could not take the money out of India legally - Indian Govt dies not allow - so we had all the money in India and hideously in debt in the UK, with no means of paying it off. We decided to move because we had money and assets in India and nothing to stay for in the UK. We still had the London house at this time, having given the Hastings house back to the bank as a reposession in NE. - The second loan is what did it. Yes bizarrely we still have a UK bank account which we did use to recieve rent and pay the mortgage on London house. This was with a different bank to the one which held the mortgage on the Hastings property we gave back. They do not talk to each other. Once you have passed a credit check, there is little reason for banks to re-check - unless you default. Which we never did with this particular bank account. Luckily we kept them separate! Good fortune I suppose. Any profit from the rent was sent to us in India by WU. Of course. I totally agree with all which you say above. GOSH is renowned as one of the best in the world for paediatric care, and if the chips were down and one of my kids had a serious medical condition which they couldn't treat in India, I wouldn't hesitate to come back to the UK to avail of the healthcare. Call me selfish again - (you will!) but after all I'm a mother doing the best I see fit for my own family given my present circumstances. It's now 2.47 am in Goa and I'm going to bed now!
  3. Agreed. People are all too quick to judge another's (shameful) actions, without appreciating that they would do exactly the same thing given the same set of circumstances. If the system allowed it, does that make it OK? The system allowed me to get hideously into debt. I have now run away from that debt and that system and started a new life. I agree that the system in the UK in it's current form is not working and people should not be able to get into as much debt as I did. The country itself is in so much debt, not just individuals. Well, now I live in India the UK deficit does not directly concern me, but I still take an interest in my country of birth. I am concerned that the UK is going down the toilet internationally. I am out but that does not mean that I do not care. If I came back in 7 years time (credit defaults wiped from your record in 6 years - yes I researched it B4 I went) - I would hopefully be able to buy my old house back for less than what I paid for it in 2005 - the Hastings house, not the London one, as prices would have crashed that much! We live in hope.
  4. You wish. Your mind is so closed you just don't want to believe I have done what I have. But I have. Like I said, you do not have to believe me, but it doesn't make it any less true all the same!
  5. I don't intend to come back in the near future. What is there to come back to in England in any case? And FTR how on earth could I have paid off £150,000 of debts with a house which sold for close to this amount with a 75% mortgage? It does not £150,000 make! Take the money & run, flight, not fight. I chose. I know some people will be offended by my actions, but I did the best for me and my family and that's all any of you would do if you were given the options I had. I feel no guilt, but am not proud of my actions either. Some would say shameful, some would say pathetic. But it was the best I could do considering my circumstances.
  6. If you're bored, go switch off your computer and make a sandwich or jerk off or something that will have you interested in life. Your comment 'how convenient' insinuates that I have lied / am lying to you. But I am not. I can assure you. What I have told you is entirely true. Believe it if you will if not then don't. No skin off my nose.
  7. I was also a taxpayer when I lived in the UK, between me and my husband we paid c. £1,500 per month in income tax alone. Let alone NI and VAT etc. I feel I have paid my dues. And as I am no longer living there, I am no longer a burden on the state - school system, NHS etc.
  8. In another house I 'owned' - I forgot to tell you all I was one of those evil BTL 'investors'. But rather than buy to let I let to buy. I owned a house in London, which I let out in 2005 in order to buy a house in Hastings which I lived in until my move to India. I still owned the house in London which I sold about 2 months ago when I briefly went back to England (and I had no legal charges on the property which was amazing considering the debt I had accumulated). I fully expected this second property to be riddled with charges, and not to be able to sell it. But sell I did amazingly, and made a little profit on the purchase price. The creditors must be wringing their hands now that they have NO way of contactiing me and I now have NO assets in the UK (money from house sale was swiftly despatched to India). Their loss.
  9. A bit of an update for you! I recently returned to the UK for a short while to find stacks of debt collection letters from all kinds of companies incluning my former employers no less!! I duely ignored them. It made me think even more that I made the right move in relocating to Goa. For those unaware of my situation: I was over £150,000 in debt and instead of paying it back (fight), I chose flight - move to India and forget about the UKand my debt. It's now been well over a year since I moved and no repercussions of any kind here. As I'm aware it is 6 years when a credit file is wiped, failing contact with the debtor, which means I now have 5 years to go and can move back with a clean slate. Meanwhile loving my life in tropical Goa A*
  10. Just because you are paranoid doesn't meen they are not out to get you! LOL. I have already had cause to chastise a fellow poster for asking too much information. Thank you for trying to be helpful! and sorry for my over-reaction! Anjuna x
  11. Get a life already! Daily Mail reader! 'Nuff said! Anjuna x
  12. By email. And I scanned and emailed back the signed copy, so as to remain untracable. Anjuna x
  13. Well all I can say is likewise. I couldn't care less if you believe my story or not. But true it is! Anjuna x
  14. Liable as I am, I have skipped the country and am untracable! In India! Yes the lender DID sell the property, at what I would call a knock down price - to our next door neighbours! But in fact it was the market rate for the property at the time of sale. Your last point "The other threads give more details" leads me to believe you have ulterior motives for this post. Have you? A
  15. Yes, this is my true story. It has only just started. No need to be envious - anyone can default on their debts and skip the country. I am not proud of what I have done, but neither am I ashamed. I just did what I felt was right at the time and followed through. Not just talking about emigrating, but actually doing it. Who knows what the future holds? I am sure that even IF I am persued by UK debt collectors here (unlikely) they will move on to a much easier target. A
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