How about if I move to another country? Will Baycorp still look for me all over the Globe??

perhaps the answer is to find more employment in NZ and pay the loan off before you leave. The internet is making it easy for banks and financial authorities to work together very easily on a global scale. Get a job, pay it off here and leave with peace of mind

..I know of a case recently that Baycorp was able to chase a defaulter on a Bank loan, right back to the UK. They were able to empty out his UK bank account for the outstanding amount. Go Figure.

i don't think think so you sholuld not get any credit with in 5 years's baycorp can't look for you.no one know right answer this.every country has law.strat new life you have to take care you position now.

If it is unsecured debt they can do nothing!!