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In a single word, yes. What you need to understand: the debt will never go away. Taxes: you can not run from them, make whatever arrangements you can to pay them back. Assets: homes, stocks and other liquid assets will be taken by the creditors if you leave. If you are willing to have that done, so be it. If you have no personal assets that can be taken to repay the debt, no need to worry. Things you have to be willing to accept: a new life...forever. There is no coming back to stay. If you ever intend on returning to your home country, be prepared for a myriad of problems. A decision to move overseas to deter financial obligations is a permanent decision. Make sure you understand what all that entails before making such a move. All that being said, moving overseas will provide you with a fresh start. Learn from your previous mistakes, start a new career and build your life again. There are a plethora of forums and sites that offer ways to leave the country and start over. Do your research, prepare appropriately and be ready to change your life.
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∙ 14y ago
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Can you avoid a summons by paying the debt in full?
The debt is medical costs and is only a few hundred dollars, which I can easily pay and hope to avoid court appearance.
What is the best way to avoid debt?
The best way to avoid debt is to live within your means. If you do not have the money to make a purchase wait until you save up for it.
How can credit card debt be reduced?
Firstly, credit card debt can be avoid by paying you credit card bills in a timely manner, avoid late fees and high interest. Creating a budget, no longer using credit cards, and paying your current credit bills will help reduce your debt.
If you have too much credit card debt can you move to Canada from the US to avoid it?
As your credit report may not follow you from the US to Canada, you can probably move there and become debt free. Moving back, thou, to the US may be difficult if you are trying to obtain credit as your credit report may have to be accessed and the unpaid accounts may show up.
Where can a person learn about debt consolidation or how to consolidate debt?
To learn about debt consolidation spend some time researching the Internet or talking to an experienced person. Be sure to avoid scams and research the topic carefully.
Debt collection abroad?
Debt Collection Agencies can collect abroad but the agencies that collect abroad are usually commercial collection agencies that deal business to business
How can you avoid debt collector's harassment?
To avoid debt's collector harassment, it is important to settle your debts in time.
To avoid payment on a debt?
To avoid payment on a debt is referred to default. This will, in most cases, attract more charges as a form of penalty.
If you avoid their calls will they write off your debt?
No.
Can you avoid a summons by paying the debt in full?
The debt is medical costs and is only a few hundred dollars, which I can easily pay and hope to avoid court appearance.
What is the best way to avoid debt?
The best way to avoid debt is to live within your means. If you do not have the money to make a purchase wait until you save up for it.
How did the United states and many European countries initially respond to the decrease in tax revenue caused by the great depression?
Cutting government spending to avoid going into debt
You have 45K pounds of debt in the UK but now live and work abroad what happens to the debt if you do not pay?
Debt collection is becoming universal. They can trace you and send people to reclaim the debt. A lot of countries have agreements to this effect.See related links for more information
What is a Language spoken in wales or a way to avoid payment on a debt?
The language is Welsh; the debt avoidance is 'to welsh'.
What is debt hypothesis?
Debt hypothesis is the hypothesis in which a person may go into or get out of debt. In other words, it's a theory an individual may come up with to measure ways to avoid or get out of being in debt.
What are some debt management plans to avoid?
Some debt management plans that yo sould avoid are exorbitant fees, vauge information, inadequete testimonials, verbal agreement and lack of credentials.
What helps you avoid debt by keeping your expenses below your income?
Avoid Credit...Don't live above your means
