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What happens if i leave the UK with bank loans debt and credit card debts amd the ccjs are ignored?
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Will settling a close credit card debt hurt your credit?
it would really depend on the age of the debt, if it is more than 6 months, leave it alone. By settling it it becomes current news not old and forgotten. It will make you feel better about paying your debts but will actually harm your credit score. You'll sleep better at night but your credit won't.
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.
What if you leave credit card debt in US?
I owe credit cards companies in the US. Can they collect it in The Netherlands?
What happens if i leave America for good and don't pay my credit card bill?
If you leave the country permanently to escape debt, then you are getting into criminal territories - you are trying to defraud the credit card company. If it becomes a criminal matter, then the US may try to have you extradited back to face charges. So you'd need to go to a country which has no extradition treaty with the USA. That doesn't leave a lot of first world countries, basically to fully escape the debt, you'd have to flee to a place where you won't even be able to enjoy the benefits of a credit card again.
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.
Can you leave out credit card debts when filing bankruptcy?
no, all creditors must be listed.
Why are 0 cards needed to leave the country?
When leaving the country as much as possible one must have a good standing credit. 0 cards mean bad credit score, which happens to anyone who are stuck in financial crisis due to unpaid credit card debts.
What happens if you leave Australia without paying your credit cards can i still apply for a visa?
no
What happens if you leave Australia and move to Europe without paying your credit card bill?
you die!
Im an illegal alien that owns a house 2 cars 80k on credit cards and has excellent credit New immigration laws are forcing me to leave the country What will happen to me and my debts?
"You will be forced to leave the country immediately and ur debts will be traced to wherever u are." Actually, that's a pretty bad answer. This person is already leaving the country, so stop being hostile and take the time to spell words.
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.
Will settling a close credit card debt hurt your credit?
it would really depend on the age of the debt, if it is more than 6 months, leave it alone. By settling it it becomes current news not old and forgotten. It will make you feel better about paying your debts but will actually harm your credit score. You'll sleep better at night but your credit won't.
When did Prasutagus leave half of his possessions to Rome?
Prasutagus did not actually leave his possessions to the Romans. He had incurred heavy debts with the Romans to finance his lavish lifestyle. When he died the creditors called in the debts.
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.
Can you file bankruptcy with your ex spouse?
It will leave you responsible for any joint debts you had with your ex. That includes any arrears prior to the ex filing, attorney's fees, penalties, etc. That will in turn affect your credit score and your credit report. If there are no joint debts, it should have little effect, but you may want to read her schedules in the bankruptcy court and get a new copy of your credit reports from the big three (Experian, TransUnion, Equifax), one free each year from www.annualcreditreports.com.
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 someone dies in debt how is the debt paid off?
When someone dies, any debts they leave are paid out of their 'estate' (the money and property they leave behind). You're only responsible for their debts if you had a joint loan or agreement or provided a loan guarantee - you aren't automatically responsible for a husband's, wife's or civil partner's debts.
