How much power do they actually have ?

delllat · 08-06-2009 03:52PM #1

if you run up €20k debts on a credit card and just outright refuse to pay it back is there anything they can actually do ?

after reading the credit card thread a lot of people are in debt but if all the can do is send letters is there any point giving them anything ?

Red_Marauder · 08-06-2009 03:54PM

To begin with, you'll probably have to live without accessing credit from any reputable lender for the rest of your life.

I'm pretty sure they can access your assets - I know someone who can't sell his house or release any assets because of a debt he owes to two clients. I think you can get a judgement against you in the courts in that regard.

cherryghost · 08-06-2009 03:54PM

delllat wrote: »

if you run up €20k debts on a credit card and just outright refuse to pay it back is there anything they can actually do ?

after reading the credit card thread a lot of people are in debt but if all the can do is send letters is there any point giving them anything ?

Legally they are obliged to break your ankles with a sledgehammer.

Princess Consuela Bananahammock · 08-06-2009 03:56PM

God won´t let you into Heaven.

Earthhorse · 08-06-2009 03:57PM

cherryghost wrote: »

Legally they are obliged to break your ankles with a sledgehammer.

OP, please ignore this "hilarious" post.

They actually use a jackhammer.

skywalker_208 · 08-06-2009 03:58PM

You refuse to pay your debt?
Of course they can do more than send letters. They can bring you to court and destroy your credit rating and ensure you never get a loan/mortgage again...

delllat · 08-06-2009 04:00PM

skywalker_208 wrote: »

You refuse to pay your debt?
Of course they can do more than send letters. They can bring you to court and destroy your credit rating and ensure you never get a loan/mortgage again...

if you have 5 credit cards and you transfer all the balances to one card that would leave 1 blacklisted card and four clean ones ,would it not ?

08-06-2009 04:02PM

If you don't pay, you don't play!

connundrum · 08-06-2009 04:07PM

Blue_Lagoon wrote: »

If you don't pay, you don't play!

If you're not in, you can't win!

Turd Ferguson · 08-06-2009 04:08PM

If you dont pay your credit card bills NO SOUP FOR YOU

seamus · 08-06-2009 04:09PM

delllat wrote: »

if you have 5 credit cards and you transfer all the balances to one card that would leave 1 blacklisted card and four clean ones ,would it not ?

They don't blacklist cards, they blacklist people. If you default on one card, they'll cancel all of your cards.

robinph · 08-06-2009 04:10PM

delllat wrote: »

if you have 5 credit cards and you transfer all the balances to one card that would leave 1 blacklisted card and four clean ones ,would it not ?

So you have a Visa and a MasterCard ... what were the other three cards again?

ScumLord · 08-06-2009 04:11PM

skywalker_208 wrote: »

You refuse to pay your debt?
Of course they can do more than send letters. They can bring you to court and destroy your credit rating and ensure you never get a loan/mortgage again...

Which is probably a good thing considering.

Ruu_Old · 08-06-2009 04:12PM

Send a few burly looking fellows around to your house to rough you up a bit.

Stephen · 08-06-2009 04:17PM

They'll probably sell the debt to a debt collection agency, such as the lovely one run by "the viper". They will then do what they can to get the cash out of you.

Mimikyu · 08-06-2009 04:18PM

This post has been deleted.

Turd Ferguson · 08-06-2009 04:18PM

Ruu wrote: »

Send a few burly looking fellows around to your house to rough you up a bit.

They tried that on me but I put a mop on my head and tied some curtains around me like a dress. When the came to the door I opened it and said "yohooooo". The burly guys jaws dropped to the floor and their eyes popped out.I waited till they closed their eyes and lent in for a kiss...thats when I hit them in the face with a frying pan. I call this the Bugs Bunny method

ScumLord · 08-06-2009 04:24PM

Turd Ferguson wrote: »

They tried that on me but I put a mop on my head and tied some curtains around me like a dress. When the came to the door I opened it and said "yohooooo". The burly guys jaws dropped to the floor and their eyes popped out.I waited till they closed their eyes and lent in for a kiss...thats when I hit them in the face with a frying pan. I call this the Bugs Bunny method

I don't have a mop, would a dustpan and brush or tea towel do instead?

delllat · 08-06-2009 04:31PM

viper debt collection is as useless as any other ,My old boss told viper to fcuk off or hed have him arrested for harrassment and they havent came back since

Honey-ec · 08-06-2009 04:39PM

delllat wrote: »

viper debt collection is as useless as any other ,My old boss told viper to fcuk off or hed have him arrested for harrassment and they havent came back since

"And then I said to the President..."

ejmaztec · 08-06-2009 04:41PM

delllat wrote: »

viper debt collection is as useless as any other ,My old boss told viper to fcuk off or hed have him arrested for harrassment and they havent came back since

They'll probably come back to harvest his organs, then give him a pair of concrete wellies before taking him on a boat trip.:eek:

deadhead13 · 08-06-2009 04:44PM

About 200 people are sent to prison each year for non-payment of debt.

Jet Black · 08-06-2009 04:51PM

If you leave the country most likely they wont be able to come after you. That's an option for you....

delllat · 08-06-2009 04:53PM

Honey-ec wrote: »

"And then I said to the President..."

its people who think hes "scary" that gives him the power to intimidate others

martin foley is just another lowlife scumbag

petes · 08-06-2009 04:53PM

deadhead13 wrote: »

About 200 people are sent to prison each year for non-payment of debt.

Incorrect. About 200 people are sent to prison each year for contempt of court.

antodeco · 08-06-2009 05:01PM

1.21 gigawatts.

/may actually be the flux capacitor.

Overheal · 08-06-2009 05:26PM

9001 Terawatts, actually.

Mr. CooL ICE · 08-06-2009 05:43PM

ScumLord wrote: »

I don't have a mop, would a dustpan and brush or tea towel do instead?

A tea towel? I guess looking like an arab might make them think you're an oil baron, so yeah

Gordon · 08-06-2009 05:46PM

Mask wrote: »

If you leave the country most likely they wont be able to come after you. That's an option for you....

Not necessarily, if you are looking for work, or trying to get credit in other countries they could request credit references from Ireland.

deadhead13 · 08-06-2009 05:49PM

Insurgent wrote: »

Incorrect. About 200 people are sent to prison each year for contempt of court.

Yes, but why are they deemed to be in contempt of court?

Joey the lips · 08-06-2009 05:50PM

I find this question strange. If of course in theory a person runs up 20k in debt and feels they should not have to worry to much cause they dont pay it what is the differece between them and the @ssh@le bankers who have run up 2 billion dept and feel they should not have to pay!

If you were not thinking when buyng the flatscreen then now is time for a cold cold shower

In theory of course!

How much power do they actually have ?

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