My husband and I moved to England from Australia two and a half years ago and everything was going fine but unfortunatley our circumstances have changed quite dramatically. We have two credit cards one with Amex and another with City bank which totals nearly twenty thousand between them. We have always paid our bills and have not used them since moving here. We phoned them up the other morning to explain that we have had a reduncey pay off and that we would like to pay them half of what we owe and close the account as that is all we have otherwise they dont get anything. As you can imagine they said no and would not discuss lower payments etc. My husband is Australian and is really worrying about this as although we are not going back to Oz to live we have paid for tickets to see family in Febuary and he is panicking that he will be arrested at the airport!! We dont know what to do as no one can help us.
First, let me ease your mind that you will not be arrested upon arrival back in Australia.
Second, there is no doubt that this situation needs to be addressed. You might want to immediately contact a company like Fox Symes in Australia and discuss your specific situation to put the right solution in place.
It would be best to do this from an AU point of view than from the UK side since these debts originated in the AU. A Debt Agreement in Australia is possible to pay less than the full balance on these debts but you will need the advice of a knowledgeable party in Australia to handle this for you.