The mortgage company know were are in NZand they regularly post to my PO Box, don’t really mind if they BR me in UK asi have no intention of returning. The big question is will it effect my ratingshere in NZ if I want to buy a house in the future?

Posted on here previously, left the Uk in 2010 with credit card debts and renting the house out. The house rental was stressful with the tennents doing a runner. The house was in negative equity and I could not get a buyer or afford the Mortgage so I decided to hand the keys back. The mortgage company has sold the house ( given it away!) for less than 48k than I owed. So I have a large debt now owing to inteligent fianance, I have no CCJ against me and will have been out of the UK for 3 years in 9 months time. I have no assets in the UK and none in NZ as I rent a house. I have no savings as such and only have a $1500 dollar car in my name. The question I have is would the mortgage company look to bankrupt me even though they know I have no house and am abroad ? If they do go for bankcruptcy will that affect my credit file here in NZ? Can they still make me bankcrupt after the three years? Look forward to any advice thanks

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If i understand some of the good info on this site, if ihave no CCJ against me in the UK when we left 12 months ago and any UK creditorwould have to take me to court in NZ using UK law which would be costly and Unlikely?Has it happened to anyone on this forum? We have no assets here in NZ and currently rent and I have receiveda letter from a UK credit card company saying that they will look to use a NZbased company to collect the debt, what can the NZ based company do over a UKdebt. We are happy to pay back what we can afford but it would not be themonthly repayment. Should I write back and offer what we can afford or just ignorethe letter? Some of our creditors in the UK know we are in NZ as we werepaying the bills on time and all correspondence was through our Postal Boxnumber. No one has our rental address but I would think this would not be too hardto find. As the people renting our UK property have done a runner and as therental money was covering the mortgage we are now behind on the mortgage andsecured loan and we face negative equity of about 10k is it likely that theshortfall would be chased here in NZ and could we again just offer what we canafford? Is their anyone had this same situation in NZ and can tell us of their experience good or bad? thanks in anticipation

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opps sorry

Not very helpfull Badger

Hi GuysWe have been living in NZ now for a year and have no intention on moving back to the UK, we tried to sell our house before we came but were unable so we rented it out. The tenents have now done a runner and we have had the house valued with a look to selling it and settling our mortgage and our UK Debts. Unfortunatly the valuations have come in at less than 35K than when we had the house for sale 12 months ago. It now looks like we have negative equity as this valiutaion figure would not cover the mortgage and secured loan, we also have unsecured cradit cards and store card debts etc of around 20K. I have looked at Bankrupcy but i dont think we could cover the charges asked by the UK bankrupcy company around 3.5 k for joint accounts. the questions i have are:-- should i voulentary enter reoposession proceddings with the Mortgage company and how do this effect the securred loan company.- can any creditor issue a CCJ agaist me?- if we a sruggling to pay current loan charges / sore cards etc can they instruct a NZ debt collection company to collect from us here in NZ for a UK debt.? We had / have every intention of selling our house to cover the UK debts but we are now in negative equity and this is not possible what should we do? Our wages here will not cover us living here and covering UK mortgage / debt payments and scholl fees here in NZ.Any advice would be greatly recievedthanks