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Selling it to a company isn't enforceable in most country's is ut court ordered or not. If it's not a judgment can't do much in canada it's all through the courts
If the bank lent you the money and you did not commit any fraud then power to you. You have no fiduciary duty to creditors they are a vendor like any other.
Unless you're in the middle of the jungle or somewhere in an isolated tribe, they can pretty much locate you anywhere in the world. It's just generally not enforced because it's not worth the resources.
Struggling with debt and unsure about your legal options? Get online legal advice from a UK solicitor for just £5, potentially saving you a fortune in the long run. Click the link: justanswer.9pctbx.net/c/2873512/2107196/9320
Theft is when you unlawfully take someone’s possessions. Fraud, on the other hand, involves making false representations and is the opposite of fiduciary duty, which requires putting the other party’s interests before your own. Good faith lies between these two concepts. If you don’t pay your debt but acted in good faith, it would be a disagreement on terms and conditions or a case of financial duress. If not, you must pay, and the court will enforce this obligation. The rationale behind debt enforcement issues overseas often relates to the collateral that creditors use to underwrite loans. This collateral is typically local, such as income, future income streams, or assets. Loans secured by this collateral are priced based on its security. Without such collateral, loans generally have higher interest rates to compensate for the increased loss on default. Defaulting is usually not a strategic choice, as the costs should typically outweigh the benefits. If defaulting becomes more effective than meeting terms and filing for bankruptcy, banks would need to adjust by lending less and charging more, which aligns with capitalist principles. It is therefore up to banks to make these adjustments. They bear the risk od there bad lending not the consumer at least that how it works In Canada. Fraud involves deception and is not the same as theft. If someone acted with fraud, such as falsifying documents, it could be considered stealing. If they also entrusted you with money to store as a fiduciary and you defaulted on this responsibility, it could be seen as a breach of fiduciary duty, though it would not typically be classified as theft unless you unlawfully appropriated the funds.
Struggling with debt and unsure about your legal options? Get online legal advice from a UK solicitor for just £5, potentially saving you a fortune in the long run. Click the link: justanswer.9pctbx.net/c/2873512/2107196/9320
Can credit card companies chase you overseas if they have your address in the new country?
Selling it to a company isn't enforceable in most country's is ut court ordered or not. If it's not a judgment can't do much in canada it's all through the courts
Took 100 bands now im chilling in Bulgaria
liar
If the bank lent you the money and you did not commit any fraud then power to you. You have no fiduciary duty to creditors they are a vendor like any other.
Unless you're in the middle of the jungle or somewhere in an isolated tribe, they can pretty much locate you anywhere in the world. It's just generally not enforced because it's not worth the resources.
Struggling with debt and unsure about your legal options? Get online legal advice from a UK solicitor for just £5, potentially saving you a fortune in the long run. Click the link: justanswer.9pctbx.net/c/2873512/2107196/9320
Can they make my passport persona non grata?
So basically it’s theft if you try and do a runner
Theft is when you unlawfully take someone’s possessions. Fraud, on the other hand, involves making false representations and is the opposite of fiduciary duty, which requires putting the other party’s interests before your own. Good faith lies between these two concepts.
If you don’t pay your debt but acted in good faith, it would be a disagreement on terms and conditions or a case of financial duress. If not, you must pay, and the court will enforce this obligation.
The rationale behind debt enforcement issues overseas often relates to the collateral that creditors use to underwrite loans. This collateral is typically local, such as income, future income streams, or assets. Loans secured by this collateral are priced based on its security. Without such collateral, loans generally have higher interest rates to compensate for the increased loss on default. Defaulting is usually not a strategic choice, as the costs should typically outweigh the benefits. If defaulting becomes more effective than meeting terms and filing for bankruptcy, banks would need to adjust by lending less and charging more, which aligns with capitalist principles. It is therefore up to banks to make these adjustments. They bear the risk od there bad lending not the consumer at least that how it works In Canada.
Fraud involves deception and is not the same as theft. If someone acted with fraud, such as falsifying documents, it could be considered stealing. If they also entrusted you with money to store as a fiduciary and you defaulted on this responsibility, it could be seen as a breach of fiduciary duty, though it would not typically be classified as theft unless you unlawfully appropriated the funds.