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What can creditors do if you leave USA and return to India with 7000 credit card debt?
Wiki User
∙ 18y ago
Seize and sell any property in the U.S. that the debtor owns/has including bank accounts.
Wiki User
∙ 18y ago
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What if you leave for India from US with a credit card debt and then return after 5 years?
You will have to pay the debt + interest on your return to the US assuming the debt collectors have not chased you down in India already.
If you leave the US with credit card debt will you have a problem establishing credit in a European country?
Possibly. Although creditors cannot force the collection of debts (lawsuits) outside of the US it is not necessarily true that a person's credit history cannot affect them outside of the US. Most large US banks now have branches all over the world, therefore if you applied with a lending institution of that type your US credit history could be accessed.
Which credit companies provide loans for the unemployed?
Go to a debt management firm in your area and inquire about loans for the unemployed to see what's available to you. This is a good way to get your creditors to leave you alone in a financial crisis, get a lower rate, and get any late fees terminated.
What if you leave credit card debt in US?
I owe credit cards companies in the US. Can they collect it in The Netherlands?
Whats the best way to build credit with a credit card?
pay your bills on time ... but strangely you have to leave a balance running.
What if you leave for India from US with a credit card debt and then return after 5 years?
You will have to pay the debt + interest on your return to the US assuming the debt collectors have not chased you down in India already.
Can you leave out credit card debts when filing bankruptcy?
no, all creditors must be listed.
What happens if you return your motorcycle?
Return it to what? The Dealer? They take all the money you gave them and leave a nasty mark on your credit.
Can unpaid collections be enforced on an individual who has moved out of the country and can that bad credit affect their credit in their new residence?
It depends! Let's face it any time potential creditors find out that you have stiffed previous creditors, those creditors don't care if the creditors were foreign or not. Generally speaking if you leave the country you will probably be able to walk away from your debts here because those debts are tracked by the credit bureaus through the social security number. If you leave the country those creditors will continually look for you here, see if you pop up somewhere to work, or purchase property. Once you leave you're outside the system, but if you wave a flag from across the border, they WILL come after you if its worth their while and never forget, if its enough money they will find you. If you're a dual citizen you're more likely to get away with it. If you're not and you emigrate, you're not likely to get away with it because when you apply for a visa generally the host country will want to check up on you and might even run a credit check on you which actually DOES appear on your credit report here. So when your creditors come and look for you they will see that 'such and such' country ran a credit check on you and know where you are..... Good luck
What are the medical Leave rules of central government of India?
medicalleave mean a half pay leave ,if a persen han no medical leave in credit ,he can avail earn leave as medical leave on mc basis .he can produce the mc and can avail a commuted leave or medical leave .
What happens if you do not pay your credit card and leave the country?
The statute of limitations is tolled (stops running) until you return to the US, when they may still be able to sue you.
If you leave the US with credit card debt will you have a problem establishing credit in a European country?
Possibly. Although creditors cannot force the collection of debts (lawsuits) outside of the US it is not necessarily true that a person's credit history cannot affect them outside of the US. Most large US banks now have branches all over the world, therefore if you applied with a lending institution of that type your US credit history could be accessed.
Consumer Credit Law?
Consumer credit law refers to the legal framework that governs the granting and regulation of credit to consumers. It sets out the rights and responsibilities of both consumers and lenders, including regulations related to loan terms, interest rates, disclosure requirements, debt collection practices, and consumer protection. The objective of consumer credit law is to ensure fair and transparent lending practices, protect consumers from predatory lending, and promote responsible borrowing.
Is bad credit wiped away if you move to another country?
If you leave the country your credit will not be wiped clean. The "black" marks will remain on your credit bureau for 7 years after the date of your last payment to the debt(acknoledgement of the debt) Different countries have their own credit bureau's ie. Canada, US. However it is possible for a creditor to transfer the bad debt onto the credit bureau of the country you reside. Running away will not fix your credit problems. The best option is to deal with your individual creditors and make arrangements.
Which credit companies provide loans for the unemployed?
Go to a debt management firm in your area and inquire about loans for the unemployed to see what's available to you. This is a good way to get your creditors to leave you alone in a financial crisis, get a lower rate, and get any late fees terminated.
Do you have to return your army cadet uniform after you leave?
Yes you do have to return your uniform when you leave the ACF, as your payment when you started was simply for the 'hire' of the uniform. If you do not return your kit when you leave you will receive a letter from the MOD and possibly a £300 fine.
Where does the water leave behind?
in india what does the water leave behind
