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Jo C.
Jo C., Barrister
Category: Law
Satisfied Customers: 78059
Experience:  Over 5 years in practice
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How realistic is that i will be prosecuted in a diffrent

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How realistic is that i will be prosecuted in a diffrent country for not giving loan back? Can banks send bailiffs in European Country's if loan is taken in UK?

Hi, welcome to JustAnswer. My name is*****’m a barrister with 12 years of experience and I am happy to help with your question today.

Which country is this?

Customer: replied 2 months ago.
My company has unsecured debt in UK which I defaulted on and im now living in Latvia.

Do you have any property in the UK?

Customer: replied 2 months ago.
Nothing at all

Thank you.

They could enforce abroad but they won't.

Nothing will ever happen about this unless you come back to the UK.

Unless it is a massive amount of money this will be the last you will hear about it.

Suing cross border is really quite onerous.

Please don't worry.

Can I clarify anything for you?

Jo

Customer: replied 2 months ago.
its for 50000 is that big enough?
Customer: replied 2 months ago.
50 000 pounds

Maybe.

They can get enforcement orders in Europe but they have to find you first.

It is quite hard to do that.

There is still a good chance in your favour.

Jo C. and 4 other Law Specialists are ready to help you
Customer: replied 2 months ago.
what is the amount where they start digging? And if that debt is unsecured and goverment covers 100% how likely that they will choose looking for me?

Oh it always depends on the creditor and their views.

But most companies are unlikely to pursue you abroad for smaller sums. For 50k they might though.

Customer: replied 2 months ago.
O just want to clarify is 20 000 small sum?
Customer: replied 2 months ago.
how far by UK law for 50k it would go? Can i go to jail or only financial sanctions?

No, not necessarily. It depends on the creditor.

You won’t go to prison. They are after your funds.

Unless, of course this is an order of the criminal court under the proceeds of crime act