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Yes, but you should also do the following:

1) First, obtain Dual Citizenship in the country you are emigrating to.

2) Liquidate and remove all assets from your native country to avoid possible

forfeiture by the Government, who will try to seize anything of value when

you default on your student loans. Also, obtain certified copies of all your

educational transcripts/diplomas from the original institutions you attended.

The Government may prevent you from getting these records after default.

3) Renounce the citizenship of your native country, and embrace your new


4) You are now immune from debt collection on your unpaid student loans,

however you can never return to your native country without becoming

subject to collections again.

Sounds extreme, but financial freedom in Another Country is better than being a lifelong debt slave in the Land of the Free.

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โˆ™ 2011-01-03 21:50:52
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Q: Does emigration effectively discharge student loan debt?
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