Debt Advice – £12,000 loan

I’ve got a £12,000 loan with HSBC which I’ve been paying for the past 24 months. Following being made redundant in September last year, I was unable to keep up with the re-payments. After 6 months of unsuccessful negotiations with HSBC via the Citizens Advice Bureau, HSBC have now referred this case to their ‘in house’ debt collection agency (Metropolitan) I believe they...

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Can anyone give me some advice on debt?

My son has recently started getting letters demanding payment for a debt that is approximately 11-12 years old. So he has been told…. He has no idea what this is for and the previous debt collection office couldn’t tell him so he asked them in a telephone call to provide this information. They have not responded and he has now received the same demand from another debt collection...

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What happens to a debt incurred overseas?

I am based in the uk and am a uk citizen. I incurred a debt in usa through a timeshare purchase – will the debt collection agency take me to court here? Will they send bailiffs? Will a uk court order me to pay? I have explained to the timeshare company my financial situation; I have never used the timeshare and hoped they might just sell it on – no such luck! If they do business in UK...

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