Hello everyone,
First of all, many thanks to all the people that created CAG and the huge work that I can imagine has been put into it.
My name is Carlos and I'm from Spain. I lived in the Republic of Ireland (Dublin) between 2005 and 2006. I borrowed a total of 30.000 euros from Bank of Ireland + Tesco and credit cards. That was for an investment opportunity I was offered at that time, which unfortunately went really bad and I ended up without my investment capital. I stayed in Ireland for another few months while I tried to explain this to my creditors. I tried to extend my initial 5 years repayment plan to a 15 years repayment plan, but they didn't accept it. My last payment to all creditors was done in the beginning of 2006.
I found a job in the UK in the same year and after moving over here, I never heard from them since. My personal situation and finances have not improved in a way that I could afford to repay this debt.
I would like to know if they could have taken me to court in Ireland while I was absent and if so, if they can get an european cross-border order from an Irish court to enforce this debt over here, if they ever find me.
I have checked a few threads, including this one:
Republic-of-Ireland-debt-being-chased-in-UK
Is my debt statute barred already? Even in the event they have an order from an Irish court?
I saw on the internet that debts in Ireland are statute barred after 6 years too, unless they have a court order, which would then allow them to chase the debt for a period of 12 years.
"If your creditor gets a judgment, then, in general, they have 12 years in which to enforce that judgment."
Anybody could pls shed some light? I'm really worried that find me here and ruin my life. I borrowed this money to invest, in good faith, not to spend on myself recklessly.
Thank you all in advance, sorry for the long post.
Carlos