Latest Posts
Home > Debt Articles > International Debt

International Debt

Can I Be Made Bankrupt in the UK for UAE Debt?

uk

“Dear Jon, Returned from UAE 18 months ago due family illness ,had a credit card loan which I was paying off but due to the urgency of Illness left to come home. Since return home have been unable to work so cannot pay back. Have recently received a UK solicitors letter to mothers address threatening proceedings through a Northampton court ... Read More »

Will I Be Able to File a Debt Relief Order in the UK from South Africa?

uk

“Dear Jon, I am currently on mat leave and have just recieved my final months smp. I will not be returning to work and will be a stay at home mum. We have temporarily moved to South Africa from the uk as my boyfriend has been offered work – we aren’t sure if this is permanent yet. We do not ... Read More »

Credit Card Fraud Protection in Australia, UK and the US

punched-in-face different

In Australia, United States and United Kingdom, credit card use appears much the same. The names are familiar – Amex, MasterCard and Visa are the dominant players in all three markets. But the card issuers responsibilities to consumers aren’t quite equal. While U.K .and U.S. consumer protection schemes have convened into a general code for credit card users across the ... Read More »

I’m in South Africa and My Husband Won’t Take Over the Property After Our Divorce

cape town

“Dear Steve, My ex husband and I were divorced on 21 May 2010. All bond and levy payments were made up to date at the time of our divorce. He was difficult and refused to sell and wanted to keep the property at the time of the divorce. My attorneys Riekie Erasmus advised that the settlement agreement be drawn up ... Read More »

Government Suggests Restricting Access to Credit to Prevent Problem Debt

Feedback

Singapore’s financial regulator, the Monetary Authority of Singapore, is suggesting a new way to prevent people from slipping into debt. The suggestion, don’t give some people access to credit. According to the suggestions, lenders would not be allowed to make unsolicited offers to increase credit limits and consumers that are 60 or more days delinquent will not be allowed to ... Read More »

HSBC Decides to Participate With Standard Chartered Bank in UAE Debt Settlement Fund

Screen Shot 2012-11-08 at 3.24.40 PM

HSBC bank in the United Arab Emirates has elected to participate in a plan to settle or write off debts owed by UAE citizens. Until now the ability for people to deal with their debts in the UAE without going to jail, has been limited. And while this approach to assisting people with problem debt in the UAE is a ... Read More »

Watch Out Mexico, Here It Comes

justball-144x125

Consumer debt is expected to robustly rise in Mexico through 2013, according to Citigroup’s Mexican Banamex. Banamex is Mexico’s second largest banking company and is expecting heavy growth in consumer demand for mortgages, credit cards, and payroll loans. Banamex, which supplies around 12% of Citigroup’s annual net profit and is Mexico’s second-biggest bank, grew its credit portfolio by 14% on ... Read More »

AKPK in Malaysia Using Powerful Debt Management Programme to Save Debtors

Screen Shot 2012-11-05 at 4.12.28 PM

AKPK, Agensi Kaunseling dan Pengurusan Kredit, in Malaysia is part of the central bank of Malaysia, Bank Negara Malaysia and offers help and assistance to people facing financial trouble. Along with financial counseling the organization also offers a debt management programme (DMP). Unlike a U.S. DMP, the AKPK DMP is developed based on available cash flow and not creditor demands. ... Read More »

We Buy Houses Ploy Raising Concerns in Australia Now

WeBuyHouses

We’ve seen the We Buy Houses signs. You know, those ubiquitous signs on yard stakes and nailed to light poles that claim cash is waiting for your home. The way the business plan works is that investors can find desperate people, called “Don’t Wanters” who they can buy their house for less than it is worth and either flip the ... Read More »

Individual Voluntary Arrangements Trapping People Over Payment Protection Insurance

Screen Shot 2012-10-31 at 5.20.53 PM

Brits in Individual Voluntary Arrangements (IVAs) are finding that even after they have spent five years repaying their debt through the binding debt repayment approach they are still stuck in the IVA and can’t get out. As part of the IVA process in the UK, consumers are told they must file a claim for overpayments of payment protection insurance (PPI) ... Read More »

South African’s in Debt Counselling Can Lower Credit Insurance Rates

Deborah Solomon of The Debt Counselling Industry

The Debt Counselling Industry in South Africa has announced a new insurance product to assist consumers struggling with financial troubles. In South Africa, when consumers are working with a registered debt counsellor who can put together a court approved and mandated repayment plan, up till now there has been little relief from the exorbitant fees paid to creditors when they ... Read More »

Dumbest Debit Card Thief of the Day – India

Screen Shot 2012-10-30 at 3.12.09 PM

This young identity thief certainly wasn’t the sharpest knife in the drawer. The Hindustan Times out of India is reporting that a nephew stole his uncle’s debit card information and purchased a Samsung Galaxy SIII on ebay.in using his uncle’s card. The uncle got a text message his debit card had been hit and he then filed a police report ... Read More »

SMS Loans. Turning Your Mobile Phone Into a 800 Percent Interest Rate Debt.

text-msg

If you thought payday loans might be a problem, abused, and be too readily available to those that can least afford it, then you need to learn about SMS loans or text message loans. A SMS is a text message sent from a cellular or mobile phone. In some parts of the world, consumers can enter into payday loans just ... Read More »

Financial Literacy Sought in Fiji to Prevent Hire Purchase Fleecing

Screen Shot 2012-10-27 at 2.08.07 PM

The Consumer Council in Fiji is launching a financial literacy effort to help educate consumers about hire purchase agreements. For those that might not know, a hire purchase (HP) agreement is used to to purchase goods using installment credit. In cases where a buyer cannot afford to pay the asked price for an item of property as a lump sum ... Read More »

New Zealand Credit Card Fraudster Targets Rich

Screen Shot 2012-10-27 at 1.05.39 PM

A craft New Zealand man found an efficient way to commit credit fraud, he allegedly targeted the neighborhoods of people well off and took credit cards out of the mail. Adam Matthew Brown has been charged with 300 counts of credit card fraud after allegedly taking credit cards from 12 people living in the upscale Remuera area outside Auckland. Apparently ... Read More »

Get My FREE Get Out of Debt Guy Newsletter

It is the smart thing to do.

I promise to keep your email safe and secure.

Close

I want to keep you posted each weekday with just one email about the latest get out of debt news, scam alerts and information to beat back debt.

You can unsubscribe at any time with just one click.

After you subscribe, check your email to confirm your subscription. If the confirmation email does not appear in your inbox in a few minutes, check your spam folder for it. Sometimes it likes to annoyingly hide there.


  • It will keep you posted on the latest scams.
  • You will be alerted to the latest articles.
  • You will wind up smarter than everyone else dealing with debt.