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Posted

Hi All.

i've been with my tilak for 2 years. not a BG.

she did not complete Uni (did 2 years of the course)and has a bill for a goverment student loan of around 150kbaht i think.

she heard nothign from this for many years , she is now 27. but around 6 months ago she had a please pay letter .

so she went into the bank and they said pay 1500b/monht which she did for a few months.

well i forgot all about the thing and it seems so did she.

now a huge pile of court papers have appeared at her parents home summoning her to sakaoe(i never spell it right) court on sunday 3rd august at 8am for non payment.

i remember reading a while back someone else had this problem. or that the goverment were saying they intended to pursue the non payers.

she has no job and we're not married, so assume they cannot say she has a farang who has to pay.

anyone knwo the score on this ? will they make her pay ? which means i will have to. or are they writing the ones off with little or no visible income?

Posted

Guess it depends on what was used to front the loans. If she could remember to go to class for 2 years and borrow the money to do so, it reeks of doing a runner on a debt. For it to get to the courts it sounds like some bank is holding paper on something (probably land). Sounds like she and you had a good deal on 1500 baht/month on 150,000 overdue loan. Sounds like default two times, time to pay the piper.

Posted
Guess it depends on what was used to front the loans. If she could remember to go to class for 2 years and borrow the money to do so, it reeks of doing a runner on a debt. For it to get to the courts it sounds like some bank is holding paper on something (probably land). Sounds like she and you had a good deal on 1500 baht/month on 150,000 overdue loan. Sounds like default two times, time to pay the piper.

nearly all thai students get a goverment loan to pay the fees

and its the goverment bank who dish's it out. krungthai ?.

there was an artilcle on here a few months ago about the goverment subbing the bank as nealry 70% of the laons defaulted.

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