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Can a UK Credit Card debt create problem in Thailand on Visa Matters?

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If you have no assets in the UK, but are getting regular money from somewhere. ie renting out property, getting your private or state pension paid into your UK bank, are staying permanently in Thailand, and owe 8000 GBP on your UK credit card, and stop making payments. I believe your credit card company can get a court order if they know your address in Thailand, and know which UK bank account you have. Depending how much money you have in your UK bank account, can arrest it, can arrest some of the money from your house renting agreement and any pension you have.

A house is most certainly an asset - they would not bother about rental income stoppage - they would put a lean on the mortgage - and even force sale of it if necessary. Any other money, or accounts, in the UK would be targets. If the CCJ had no impact, it can be raised to high court where high court bailiffs (sheriffs) can be called in - they have archaic and quite strong powers - including entering properties as long as no breaking is involved (i.e. through unlocked doors/windows), repossessing and removing assets etc.

As said earlier - banks do not lose from it - they also do not need to pass on the costs of bad debt because they can use special tax breaks to set aside money for bad debt, tax free - of which unclaimed money is reclaimed after 7 years (and thereby avoiding all taxes on the lump sum) - this is not new, it has been this way since the 1988 debt crises.

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