 Old Credit Card Debt? |
| I recently received a letter from the court requesting that I pay my outstanding credit card debt from a few years ago. A couple of days later, I received a call from a Lawyer demanding that I pay ... |
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 Debt consolidation? |
| I have many credit cards and bills I can't keep track of them all. Are there any companies I can call that would lower my payments and combine them all into one payment? Are they free because I ... |
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 Is there an easier way for me to pay off my credit card debt? |
| ok, I'm only 20 by the way, but I did have 8 cards before I canceled 1 not too long ago, the limits start from $300 and go up to $1700 at my highest and I only bring in $650 a month for now, I�... |
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 How can i fix my credit? |
| ok one day i whent to my bank and tried to get a credit card and i just graduated from high school well they wouldnt let me because they said i had bad credit well i was thinking well i have never ... |
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 1. I'm trying to fix my credit.I'm making car payments on my vehicle but it is under my sisters name.? |
| I still owe about $9,000.00 on it.what can I do to get credit for making my ontime payments.? My credit score is low and I want to build it ... |
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 Which is better? One credit card with $10,000 or two cards totaling $10,000? |
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The limit on one card is $20,000 with a 4% rate right now. The limit of the other is $7,500 with 0% rate. Which is better for my credti score?... |
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 My friend got a certified letter? |
| the mailman is trying to give my friend a certified letter from a credit card company. she wants to know what will happen if she just doesn't answer the door and doesn't sign for the ... |
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 I'm the one that thought she was in $97,000 credit card debt. Come to find out the atty that sent the summons |
| had put the wrong amount in the paperwork. It's $9,700. Can I sue the attorney for mental anguish. (Got the paperwork on a Friday and had to go the whole week-end thinking the worse). Felt ... |
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 How do you get a mortage with horrible credit? |
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Give examples of companies willing to do so, I have a close friend that is desparate, her boyfriend has ruined her credit. And I'm wanting her out of my house!!... |
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 Help!! I want a Credit Card But Im Only 20!!? |
| I got a offer in the mail from capitol one! It said something about the interest rate being 9.9% I want to know what is affordable for me! For example I have a full time job where I get paid $10 and ... |
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 Ive been delined by my bank (barclays), captial one said no!? |
| who will give me a credit card no matter what the intrest is, im killin myself at the mo. no dough,... |
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 I need a straight answer for my problem? |
| i lied about my age to get a credit card i said i was born in 1980.the year i was really born was in 1990 and i really need to know if anything is gonna happened to me now or in the future please im ... |
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 Credit card debt and new baby on the way? |
I know this sounds like a CRAZY question.
My husband and I currently have about $2,800 in credit card debt. We are also expecting our first child at the end of January '08.
Has anyone ... |
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karbo | What happens if i don't pay my credit card bills, and i don't declare bankruptcy? |
Additional Details
knowing that i left the country.....
i don't care for my credit record, i just want to know if any criminal charges will be filed against me,,,,will i be put in jail if i come back?
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SPIFIMAN1
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They will got to collections, they will take you to court and get a judgment and at that point they can attach bank accounts, garnish wages (if your State allows it) and file liens on any property you may own like cars, boats, land and homes.
All of this will show on your credit report for 7-years making it very hard to get any other type of loan without making massive down payments, paying huge fees and State maximum interest rates.
Additional information.
So you are going to skip out and leave the rest of us to take up the slack. What a loser. |
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sophieb
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Not sure where you will be coming back to. If you got your credit in the US and you owe some bills they will have your social security card number on file. When you come back to the US you will have to use that same social security card (not allowed to get more than one number) so they will be able to track you down as soon as you get a job or buy anything or have a residence, etc. Anyway, so you didn't pay, then they will try calling you, writing you 3 times and finally send you a certified letter for your signature in proof that you received it. Sometimes when a letter is sent and say you're not there then the post office or friend will provide your new address and then it's forwarded to you or sent you thru the postal service. Whether you respond or not to that certified mail you are still responsible for the debt. If they reach you they will take you to court for payment, and you must respond and then appear on the date specified and either pay in full or there "might" be a way at that time that you can set up a payment plan (if they are reasonable with you). If you don't pay then they will put a judgment against anything you own (or will own in the future...and if you still don't pay they can make you sell what you own to pay the debt). So this is what you have to look forward to when you return. I know the FTC handles problems regarding situations from one country to the next but I don't know if they do collections or not that way. I know it can be reported to another country but I don't know what that other country will do with it. |
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^patty^
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dont come back. |
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DLeibowitz
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Probably not much. Most creditors don't seek to pursue consumer debt internationally. If you return, you won't go to jail but you may be the subject of collection proceedings. When you return, you might file bankruptcy if you are eligible to do so. |
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safoster1960
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if you are leaving the country, why are you worried?????????? Just never come back! |
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CREDIT ANALYST
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If you don't pay your credit card bill, the credit card company will send your account to an outside collection agency. The collection agency will then call you (if you do not respond) they will then write you a letter stating who they represent - and asking you to arrange for the payment of the amount due.
Generally, collection agencies only get paid if they get the money from you, so many of them tend to be very aggressive and even very mean. If after a few months they get no where, then they advise your creditor of the next step: reporting the debt to the credit bureau, causing your credit rating to be marked. Then if you ever want to buy a home or car or sometimes even get a credit card, you will have to pay off any open debts before you will get the loan.
So you would be better trying to pay off the debt or calling them and trying to negotiate a lower amount. Sometimes if you can not afford the open balance and you can prove it, they can reduce your portion down.
If they mark your credit rating, it will take 7 years for it to come off. However, if the amount involved is huge, the credit card company through its collection agency could take you to court. If you don't show up - and judgement is passed in favour of your creditor, you could be arrested.
I hope the above information is useful.
RICHARD |
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H. A
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You will eventually have legal action against you and judgments will be obtained against you. They then can garnish your income and they will harass you day and night. Your credit will be totally ruined for at least seven years after the last efforts are made to collect the debts, whether collection or judgment/garnishment, as all these stay on your report for seven years. |
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jerryguy
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You'll be hounded day and night by collection agencies. |
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DebtFree
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eventually they sue you in court, win (they will win if you owe the money).... and garnish your paycheck.
they will get their money. sooner or later. easy way or hard way
your choice. |
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cmpromos
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The U.S. does not have a debtor's prison, so therefore no criminal charges can be filed against you |
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Christopher A
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Don't you feel morally obligated to pay your debts?
Why would you use a credit card to buy things from honest people and then refuse to pay?
Is that how all the proud people from your country behave, or are you 'special' in some way? Like a special deadbeat, someone who does not pay their bills.
You make a great case against allowing the illegal immigrants in this country to have unlimited amnesty. Maybe we should only allow decent hardworking honest immigration, and keep you from coming back? Maybe we should.
Thou shalt not steal. |
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Cal
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Hi,
You can visit http://bankruptcy.grantsaccess.info to get your query well clarified. Good luck! |
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Notredame
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If you have no intention to come back to the states and fulfill your obligation, why would you care? If you decide to come back, they will find you. I don't think you'll be able to own anything if you come back. The record is still going to be there.
My question to you is that how can you live with yourself knowing that you owed people?
I hope they do have criminal charges against you because people like you that make credit card companies charge us (the one who pay) high interest to make up for what they lost. |
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