answersLogoWhite

0


Best Answer

More than likely the person will not be granted any type visa to return to the U.S. If the person owns/left any property behind it can be seized through due process of the court for repayment of any debts.

User Avatar

Wiki User

19y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What happens if someone on a H1b visa doesn't pay his credit card balance and leaves the US?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Finance

What happens to your credit with a voluntary repossession?

A voluntary reposession reports on your credit report as a loss. The car company with take the car back and credit a portion of the balance which the owner/leaser still needs to pay on. The creditor will place the "voluntary Reposession" on credit bureau. All in all it will be reported as a charge off debt. If the original owner/leaser doesnt pay the remainder he/she can/will be collected from and could face legal action. A repo is a repo voluntary or not. Ruins your credit for 7 years. What generally happens is that it will be reported on your credit as a repossession. When you go for financing on something else, the repo will pop up and the potential lender will call the lender who reported the repo. When they find out it was a voluntary, it may actually lessen some of the blow of having a repo. But, yes, a repo is a repo.


What bank in Miami Florida can you use to get a loan to pay the balance of a repossessed car?

Hector, Ive never heard of a bank that specializes in that type of loan. That doesnt mean they are not out there. Usually you go whereever you have good enough credit to get the money. If your credit is good enough, the bank that repoed it will loan you money on it.


Does your credit score combine after marriage?

I'm pretty sure that your credit is determined by both of your credit scores, but im sure it doesnt combine.


How does Dave Ramsey recommend building credit?

He doesnt. You dont need credit on his plan you SAVE money to buy things with CASH.


How do the three major credit bureaus use credit scores in issuing credit?

it doesnt it just stays the same hah ha . Carrollton has the best credit score in the world it comes from the high schools football team from the carwash

Related questions

What does it mean when the bank account in the cash book has a credit balance?

That doesnt happen often, but its when you send a bad check. Because cash account is an asset and carry debit balance


What happens if someone doesnt manage to keep there eyes closed when approached by medu sa?

They turn to stone


What is a combined force that doesnt cause movemennt?

the answer is a balance force


What happens to your credit with a voluntary repossession?

A voluntary reposession reports on your credit report as a loss. The car company with take the car back and credit a portion of the balance which the owner/leaser still needs to pay on. The creditor will place the "voluntary Reposession" on credit bureau. All in all it will be reported as a charge off debt. If the original owner/leaser doesnt pay the remainder he/she can/will be collected from and could face legal action. A repo is a repo voluntary or not. Ruins your credit for 7 years. What generally happens is that it will be reported on your credit as a repossession. When you go for financing on something else, the repo will pop up and the potential lender will call the lender who reported the repo. When they find out it was a voluntary, it may actually lessen some of the blow of having a repo. But, yes, a repo is a repo.


Are hickies supposed to hurt?

No. they dont hurt all that happens is that someone or yourself sucks on your skin with their mouth tightly. it leaves a mark, but NO it doesnt hurt.


What bank in Miami Florida can you use to get a loan to pay the balance of a repossessed car?

Hector, Ive never heard of a bank that specializes in that type of loan. That doesnt mean they are not out there. Usually you go whereever you have good enough credit to get the money. If your credit is good enough, the bank that repoed it will loan you money on it.


Do I have narcolepsy?

Yes. There are many sufferers of it. But if someone doesnt get enough sleep all of a sudden, and it only happens once, then it is not partial insomnia. If this happens for many days, then it is.


What do you call a person that doesnt take full credit?

modest


Do uninsured medical bills go on your credit report?

no, it doesnt


Power balance band gets wet?

yes it doesnt matter


Does your credit score combine after marriage?

I'm pretty sure that your credit is determined by both of your credit scores, but im sure it doesnt combine.


What if you turn in a car on your own?

Thats not a bad idea and highly recommended it will save you some money so be smart and do it if you cant afford it,but now it will still go on your credit so the really smart thing to do if you can is sell it to pay of the balance so it doesnt hurt your credit good luck and god bless.