I'm a non-New Zealander (Not a national) with over $50k in NZ student debt going back to 2008 currently living in UK.
I felt bad recently and called NZ Inland Revenue (IRD). Big mistake.
They gave me two options.
Pay £1300 a month starting immediately, or we're going to start 'legal action against you in the UK'.
I can't do that.
The worst decision ever to call as they had written me off after 2012 when they stopped sending letters to my UK business address.
With my savings I'll last 6 months and be penniless with their payment plan.
I can't work at the moment due to illness.
I would have paid over 5/10 years.
Looking into NZ bankruptcy but I don't think I can, being a non-kiwi with no connection to NZ.
Let's say they call in their UK student debt collection partner CCICM to act of their behalf to collect the debt (or buy the debt?).
Then try to force me into a payment agreement.
I've heard of Kiwis defaulting in UK, getting harassed by CCICM then agreeing to a plan with them.
If I refuse to talk to CCICM (I know they're not bailiffs) can they destroy my UK credit rating?
Or worse?
What is worse case scenario?
Thanks in advance.
