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What else can I help you with?
What is the word that means person or country that owes money?
The general term is debtor, as in debtor nation.
Person or country that owes money?
Debtor.
Is Sweden a debtor nation?
Sweden is a Donor Country, not Debter.
If you do not pay your credit card balance and leave the country can they sue you in the country you moved to?
No they can't.Civil action such as lawsuits for debts are only possible in the country in which the debt was incurred.However, if the debts with a lending institutions/bank which also do business within the country they now live, they will have a very difficult time establishing a new lince of credit.Also, the debtor can still be sued in the country in which the debt was made and the creditor can "hold" the judgment award for the length of time allowed under the law, or execute it against property that may still belong to the absentee debtor.
Do you leave Tampa Florida plates and registration papers on a car that will be repossessed?
Fl law says plates remain with the debtor so, inventory them with PP and wait on the debtor to come get them.
What happens if you leave the country for ten years as an alternative to bankruptcy?
Well, you'd still be held liable for any debts you have incurred, and almost any company can track you to another country, where they'd still attempt to collect. The SOL's may not apply to debts deliberately incurred and then defaulted on in such a manner. Entries will be expunged from the debtor's credit report. Likewise, there will be no record of current credit history so and it may prove difficult to restablish a good credit rating under such circumstances. The laws of the U.S. concerning debtor's do not apply outside of the country. However, bank accounts or other property belonging to the absentee debtor can be seized by a judgment creditor.
Is it legal for a debt collector to come to your home?
Yes, as long as he or she does not commit a 'breach of peace' as determined by the laws of the state and/or municipality where the debtor resides. The debtor does not legally have to engage the collector and can request that the collector leave the property and not return.
Can creditors get assets of a debtor in a non-extradition country?
There is no such thing as extradition for a civil/tort case.
If the debtor still owes the bank money on a car loan is there really anything the bank can do if the debtor has left the country for good?
You pose a lot of "IFs" that will be VERIFIED by the lender. "For good" is a looooong time.
What is it called when people leave the country?
When people leave their country to live in another country, it is called emigration.
What age can you leave the country with parents permission?
You can leave the country in age 17+
Can I leave the country with a warrant"?
No, you cannot leave the country with an active warrant for your arrest.
