Overseas creditors can still take action to collect a debt, including:
Using a debt collection agency in your home country to contact you
Starting court action in your home country. This can be complicated and the process depends on which countries are involved. In some cases it may not be possible
Taking action in their country, for example against assets or bank accounts you hold in that country
It’s possible that some creditors may decide not to pursue you for a debt in another country, but there’s no guarantee of this.
A creditor may be able to bankrupt you in their country. Bankruptcy is recognised across borders in most European countries, and many other countries across the world are signed up to international agreements where their courts or insolvency services will cooperate. This means you could be bankrupted in another country, but assets or property you own in your current home country could still be at risk.