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Hello and thanks for using Just Answer.
My name is ***** ***** am happy to assist you with your enquiry.
I am not sure whether you intend to ever return to the UK, but if you are not, it is highly unlikely that the credit card company will chase you for the debt if you are living in Brazil.
As regards ***** ***** the credit card company will continue adding interest tot he debt, unless you contact them and provide evidence that you can't pay anything other than a small amount each month. They MAY, then agree to freeze the debt, and agree a monthly payment, which you can afford. You would then pay this monthly amount via a bank transfer/direct debit.
It is thereofr ereally up to you whether you contact them again and offer to make a payment or whether you keep quiet on the basis that you ar ein Brazil.
I hope this helps.
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Hi, I am not sure whether I will return to the Uk or not, but I'd prefer not own the company any money in case I return, I would rather have the doors open. Do you think I could hire a lawyer to make sure a pay only the amount I actually own in the fist place or they can charge me the all thing anyway? What do you think would be a wise thing to do? And If I go back there just for holiday, can they go after me after for debt?
Thanks for your time.
I wouldn't waste your money in hiring a lawyer- just write to them yourself, explaining your financial situation means you can't afford the full amount, and say you would be prepared to pay £x per month, ifsk they freeze the interest. The credit card companies will normally freeze the interest for people in financial trouble.
As regards ***** ***** for a holiday, don't worry- they certainly can't do anything at all.
As it is an unsecured loan, the only action credit card companies can take, other than writing requesting payment, is to issue Court proceedings and put a charge on a customer's UK property.