Unpaid Credit Card debt

[carteki]

The best i heard was from Dubai though......

At the airport a security guard found a Porsche 911 with an envelope under the wiper.

Inside the envelope was two things, a letter and a key. The key of course was for the car and the letter was an apology to the dealer from whom the guy bought the car from just a few weeks or months before.

If i remember it went along the lines of; "I'm sorry i have to give you back the car, it was lovely, but as circumstances have changed for myself like so many i can no longer either afford the car or my life here."

There is a reason for that - in Dubai you get thrown into prison for unpaid debts. Now how you repay the debt when you can't work is the confusing part, but no-one asked for logic here.

[ScoobyDoes]

There is a reason for that - in Dubai you get thrown into prison for unpaid debts. Now how you repay the debt when you can't work is the confusing part, but no-one asked for logic here.

Actually the more confusing part then would be how you can repay loans from behind bars.

[jared]

Why go back to Singapore? I guess you're asking the wrong crowd, get a lawyer. Nobody gets jailed for credit card debt in Singapore, unless it's a Credit Card Fraud which is a different story. And nobody has a right to oppress you as well.

[soccerist]

but they still find a way to solicit back the debts.

[janetw65]

hello. i'm just wondering how's your situation now? i'm kinda in the same situation

[Mad Scientist]

hello. i'm just wondering how's your situation now? i'm kinda in the same situation

What situatiobn will that be ? If you owe money , you OWE money. The two question is how much and from whom did you borrow?
The outcome is quite straightforward. Losing your money or losing your limbs

[greatleo21]

yeah. me too. how are you now? I'm wondering how's your situation now. I had the same story. I intentionally took loans in Singapore (credit cards, unsecured loans) when I was still working there so I can send mom to the hospital and continue her chemo therapies. Now, that's she's fine. I really wanted to started paying those loans which I left behind years ago. But it would be difficult to pay them if im working in my own country coz Im only earning very little just enough for us to survive. I really wanted to go back to Singapore to work again so I can start paying them and also help my family. But Im scared that since I left those loans years ago, they will held me up or whatever?

[rajagainstthemachine]

How can you borrow more than you can afford to pay? surely its the height of stupidity to pile on expenses after expenses on your credit card and be subjected to usury from the banks.

[beppi]

If a family member has a life-threatening disease and needs expensive treatment, you would probably do the same (or you have no heart).
I think greatleo21 is to be congratulated for what he did for his mother AND for now wanting to solve the mess this created.
I wish him good luck (and the goodwill of the involved banks, etc.)!

[rajagainstthemachine]

^

That is one very good case for exemption. I was referring to the peeps who go splurge on stuff buy electronics and clothes and this and that and realize they have no money to pay back for what they bought.

[beppi]

You posted directly under (so the impression is in response to) greatleo21.
You should apologize to him, or offer helpful advise for his situation!

[rajagainstthemachine]

You posted directly under (so the impression is in response to) greatleo21.
You should apologize to him, or offer helpful advise for his situation!

I will do neither since

a.) I didn't quote him in my post.

b.) I didn't put the ^ symbol to indicate I was referring to said poster in non quote fashion.

c.) your impression was presumably wrong in this case.

[sundaymorningstaple]

Frankly, I got the same impression, as the post above Raj' is current while the other responses prior to that are old responses. Appearances to the readers often are at variance with what we as posters had in our mind when we hit the send button. At it is an old thread, it would normally be assumed that you are responding to the "new" posts in an old thread.

[rajagainstthemachine]

Frankly, I got the same impression, as the post above Raj' is current while the other responses prior to that are old responses. Appearances to the readers often are at variance with what we as posters had in our mind when we hit the send button. At it is an old thread, it would normally be assumed that you are responding to the "new" posts in an old thread.

to be frank I didn't even look at the last post, I posted about the first post rather than the last one.
Anyway I'll make it habit to quote.
on that note SMS do you have a multi-quote option planned for the forum? It's a rather convenient option to have.

[Mi Amigo]

Well I think this is highlights the need to be clear and careful when posting, to avoid misunderstandings of this type.

Returning to greatleo21's post:

yeah. me too. how are you now? I'm wondering how's your situation now. I had the same story. I intentionally took loans in Singapore (credit cards, unsecured loans) when I was still working there so I can send mom to the hospital and continue her chemo therapies. Now, that's she's fine. I really wanted to started paying those loans which I left behind years ago. But it would be difficult to pay them if im working in my own country coz Im only earning very little just enough for us to survive. I really wanted to go back to Singapore to work again so I can start paying them and also help my family. But Im scared that since I left those loans years ago, they will held me up or whatever?

greatleo21, I doubt that the OP (scofield) will respond as their last message was over 2.5 years ago. Best to deal with your own situation, which I will take at face value as you have posted.

Some questions:

1. When did you obtain the loans / credit cards?

2. When did you leave Singapore?

3. What communications did you have with your creditors when you left Singapore? Did you tell them you were leaving the country?

4. Have you had any contact with your creditors since leaving the country? If so, what (if anything) was agreed with them about the debts?

5. Do you have documentary evidence for the medical costs that you incurred for your mother? I'm guessing here, but if you were able to provide these to your creditors that might help you in your efforts to negotiate a mutually acceptable repayment arrangement.

6. Where are you currently living? (Your profile shows 'Location: Singapore').