A serious question (emigration & bad credit rating)

seachto7

Just a quick one folks.

I was talking to someone yesterday who was worried about how things are going and their job situation as well, in Ireland.

So I was saying to them: Look. you're not the only one in this situation. The worst that can happen? You'll lose your job. Lots of people already have. And he says "how will I be able to pay for it? The bank will repossess it."

So, I know he would walk into a job in Oz with his skill, even now, and has enough contacts in the health sector over there to get sorted for a job I think.

So I was saying, ok, you lose you job, and the house, then what? Would you not just emigrate?

He was saying, there's no way he would even get into Oz if it came to the point that the bank took his house.

Is this the case? It's not like it's a criminal offence..

Obviously his credit rating would be shot to s**t, but could it stop someone emigrating or entering Australia?

Mena

seachto7 wrote: »

Obviously his credit rating would be shot to s**t, but could it stop someone emigrating or entering Australia?

A bad credit rating is not a criminal offence. However... were the bank/s or whoever take the matter to court and get a judgement, and should he not comply with said judgement, he could be jailed, and this will bring about a criminal offence record.

Running away from debt is a bad, bad idea. Tell him to think twice.

seachto7

Absolutely I agree, running away form debt isn't good, but he was all "aaaaahhhhh, I'm gonna lose my job! I'm gonna lose my house!"

His intention anyway was to eventually emigrate, but he was panicking saying "I'll never be able to get there if it happens, if I lose my job, I can't pay for the house etc . Never etc. and son"

I'd imagine there's surely some folk who had to emigrate and this happened..I dunno...anyways cheers for the reply..

smitas5

people are keeping these things to themselves, even if they get away with it. I believe there are loads of specialists who are tied up in IRL and can't emigrate because of negative equity..
I would like to know ways myself..

Cookie_Monster

I looked at asking ANZ (new zealand) about credit rating and getting one from BOI, they weren't the slightest bit interested, nor were immigration when applying. It's too difficult for the banks to get access to it so they don't bother.

CiaranC

If you move to another country you get a blank slate. Just sayin'.

Peregrinus

Mena wrote: »

A bad credit rating is not a criminal offence. However... were the bank/s or whoever take the matter to court and get a judgement, and should he not comply with said judgement, he could be jailed, and this will bring about a criminal offence record.

Inability or even deliberate refusal to pay your debts is not a crime, and will never get you a criminal record. Same goes for non-compliance with a civil judgment against you.

You're only looking at a criminal record if (a) your financial worries lead you to commit a crime, e.g. theft, fraud, and you get prosecuted and convicted for it; or (b) you do something foolish like assaulting the sheriff's officer who comes to repossess your house.

A bad credit rating, or unsatisfied debts, is not an issue as far as an Australian visa application is concerned.

But the OP should consider making the move to Aus before he is ruined in Ireland. Who knows, if he goes to Aus and gets a job, a combination of renting out his property in Ireland and earning money in Australia may enable him to service his debts and avoid repossession?

karl bracken

If he is well qualified he should make good money over here so why dosent he move over and keep his payments up at home with the money he makes here