what happens if you flee the country to avoid debt Forum
Forum rules
Anonymous Posting
Anonymous posting is only appropriate when you are revealing sensitive employment related information about a firm, job, etc. You may anonymously respond on topic to these threads. Unacceptable uses include: harassing another user, joking around, testing the feature, or other things that are more appropriate in the lounge.
Failure to follow these rules will get you outed, warned, or banned.
Anonymous Posting
Anonymous posting is only appropriate when you are revealing sensitive employment related information about a firm, job, etc. You may anonymously respond on topic to these threads. Unacceptable uses include: harassing another user, joking around, testing the feature, or other things that are more appropriate in the lounge.
Failure to follow these rules will get you outed, warned, or banned.
-
- Posts: 428484
- Joined: Tue Aug 11, 2009 9:32 am
what happens if you flee the country to avoid debt
I'm not having any luck finding a job. I know people have joked on here about fleeing to Jamaica to sell surfboards, etc, but what actually happens when you leave? How does your debt affect you in your new country? Will foreign employers know? How likely is debtor's prison? Any other insights?
-
- Posts: 131
- Joined: Tue Mar 03, 2009 2:08 am
Re: what happens if you flee the country to avoid debt
I didn't know Roman Polanski posted on TLS! Really though? Of course that credit will follow you. They have internet and phones in Jamaica too. Debtor's prison? well if you go to a country with no extradition with USA, you should be fine, but they better not catch that ass going to countries that do to accept lifetime acheivement awards.
-
- Posts: 428484
- Joined: Tue Aug 11, 2009 9:32 am
Re: what happens if you flee the country to avoid debt
.
Last edited by Anonymous User on Thu Nov 26, 2009 1:47 pm, edited 1 time in total.
-
- Posts: 1024
- Joined: Sat Sep 30, 2006 2:30 pm
Re: what happens if you flee the country to avoid debt
OP, you are abusing the anonymous feature. Stop, or you are getting the boot.
- biggamejames
- Posts: 198
- Joined: Thu Dec 04, 2008 9:27 pm
Re: what happens if you flee the country to avoid debt
Extradition? Dude, you can't be extradited for debt - it's not a crime, and no one will put you in jail for it. Extradition is irrelevant here.lewis louis wrote:I didn't know Roman Polanski posted on TLS! Really though? Of course that credit will follow you. They have internet and phones in Jamaica too. Debtor's prison? well if you go to a country with no extradition with USA, you should be fine, but they better not catch that ass going to countries that do to accept lifetime acheivement awards.
As fair as the bad credit following you, it depends on the country. You need to do your own research on this one, but there are many countries that have credit systems that do not communicate with the wider international system, and many countries that do not have credit systems at all.
The main danger of leaving the U.S. to escape your debt is the risk that your creditors will try to sue you in country to recover their debt. For this reason, you've got to either 1) make sure your creditors do not know where you are, or 2) make sure your the country in which you live is unlikely to recognize your creditors' claims. Again, this is an issue that calls for your own research.
Want to continue reading?
Register now to search topics and post comments!
Absolutely FREE!
Already a member? Login
- biggamejames
- Posts: 198
- Joined: Thu Dec 04, 2008 9:27 pm
Re: what happens if you flee the country to avoid debt
That's right, OP. Now:PKSebben wrote:OP, you are abusing the anonymous feature. Stop, or you are getting the boot.
-
- Posts: 1024
- Joined: Sat Sep 30, 2006 2:30 pm
Re: what happens if you flee the country to avoid debt
Not going to lie, I'm seriously considering creating a new account: Thulsa Doom -- his only posts will be that picture after I ban people.
- biggamejames
- Posts: 198
- Joined: Thu Dec 04, 2008 9:27 pm
Re: what happens if you flee the country to avoid debt
Please do it. I like the idea of PK having a sorcerous alter-ego.PKSebben wrote:Not going to lie, I'm seriously considering creating a new account: Thulsa Doom -- his only posts will be that picture after I ban people.
-
- Posts: 428484
- Joined: Tue Aug 11, 2009 9:32 am
Re: what happens if you flee the country to avoid debt
I should not condone this, however.
File for bankruptcy. Leave the country. Come back in eight years.
You can do this, and I have a friend or two waitressing in Brazil for the next five or six years to dodge college debt. But keep in mind, you can't come back, not for eight years after your bankruptcy or you'll have NO credit.
I do not advise this.
File for bankruptcy. Leave the country. Come back in eight years.
You can do this, and I have a friend or two waitressing in Brazil for the next five or six years to dodge college debt. But keep in mind, you can't come back, not for eight years after your bankruptcy or you'll have NO credit.
I do not advise this.
- biggamejames
- Posts: 198
- Joined: Thu Dec 04, 2008 9:27 pm
Re: what happens if you flee the country to avoid debt
Student loan debt follows you through bankruptcy in most cases.Anonymous User wrote:I should not condone this, however.
File for bankruptcy. Leave the country. Come back in eight years.
You can do this, and I have a friend or two waitressing in Brazil for the next five or six years to dodge college debt. But keep in mind, you can't come back, not for eight years after your bankruptcy or you'll have NO credit.
I do not advise this.
-
- Posts: 568
- Joined: Fri Sep 11, 2009 11:17 am
Re: what happens if you flee the country to avoid debt
PKSebben wrote:OP, you are abusing the anonymous feature. Stop, or you are getting the boot.
If "I'm considering fleeing the country to escape my education debt" isn't something that is deserving of a little discretion, then what is?
-
- Posts: 1024
- Joined: Sat Sep 30, 2006 2:30 pm
Re: what happens if you flee the country to avoid debt
That's what your moniker is for. Like what you did.Anonymous Loser wrote:PKSebben wrote:OP, you are abusing the anonymous feature. Stop, or you are getting the boot.
If "I'm considering fleeing the country to escape my education debt" isn't something that is deserving of a little discretion, then what is?
-
- Posts: 403
- Joined: Sun Nov 15, 2009 8:49 pm
Re: what happens if you flee the country to avoid debt
well couldn't you use a credit card to pay your debts? that way they are cleared, and then file bankruptcy?
Register now!
Resources to assist law school applicants, students & graduates.
It's still FREE!
Already a member? Login
- Nom Sawyer
- Posts: 913
- Joined: Sun Jun 14, 2009 1:28 am
Re: what happens if you flee the country to avoid debt
Sign me up for one of these $100,000 credit limit cards for the indebted and unemployed!!avacado111 wrote:well couldn't you use a credit card to pay your debts? that way they are cleared, and then file bankruptcy?
- Kohinoor
- Posts: 2641
- Joined: Sat Oct 25, 2008 5:51 pm
Re: what happens if you flee the country to avoid debt
If your debts were low enough to pay off with even four or five credit cards, that wouldn't merit leaving the country.avacado111 wrote:well couldn't you use a credit card to pay your debts? that way they are cleared, and then file bankruptcy?
If the credit card company is losing real money and what you did was blatant, you'll get adversary proceeding pwned, be bankrupt, and still owe the credit card company the money.
-
- Posts: 9
- Joined: Thu Nov 26, 2009 5:56 pm
Re: what happens if you flee the country to avoid debt
Growing up, we had this family friend who maxed out all his credit cards, took out a second mortgage, and then fled to France back to the village he was born in. The American companies can't really do anything to my knowledge, although they did seize all his assets that he left in the US
-
- Posts: 867
- Joined: Thu Feb 19, 2009 1:33 am
Re: what happens if you flee the country to avoid debt
wtf it is these kinds of threads that make me actively reconsider law school.
Get unlimited access to all forums and topics
Register now!
I'm pretty sure I told you it's FREE...
Already a member? Login
- Georgiana
- Posts: 648
- Joined: Wed Jul 22, 2009 5:42 pm
Re: what happens if you flee the country to avoid debt
I feel this picture is getting a lot of use from you lately... its Thanksgiving! Shouldn't be thinking about woe!biggamejames wrote:That's right, OP. Now:PKSebben wrote:OP, you are abusing the anonymous feature. Stop, or you are getting the boot.
- Vendetta
- Posts: 11
- Joined: Tue Nov 10, 2009 2:21 pm
Re: what happens if you flee the country to avoid debt
Nowadays, France probably won't cut it, and neither will Jamaica. They'll find you there if they really want to. I wouldn't go to any country with strong ties to the US. China would probably never notice you among their billions. Or you could try an obscure state like Bahrain or Qatar, if you can get a Visa.JD'izzle wrote:Growing up, we had this family friend who maxed out all his credit cards, took out a second mortgage, and then fled to France back to the village he was born in. The American companies can't really do anything to my knowledge, although they did seize all his assets that he left in the US
- biggamejames
- Posts: 198
- Joined: Thu Dec 04, 2008 9:27 pm
Re: what happens if you flee the country to avoid debt
Hahah. It's because I watched Conan yesterday.Georgiana wrote:I feel this picture is getting a lot of use from you lately... its Thanksgiving! Shouldn't be thinking about woe!biggamejames wrote:That's right, OP. Now:PKSebben wrote:OP, you are abusing the anonymous feature. Stop, or you are getting the boot.
You going to the 2L thanksgiving thing in CC at 7?
- Georgiana
- Posts: 648
- Joined: Wed Jul 22, 2009 5:42 pm
Re: what happens if you flee the country to avoid debt
No I will *hopefully* be working on my outline :-/biggamejames wrote:Hahah. It's because I watched Conan yesterday.Georgiana wrote:I feel this picture is getting a lot of use from you lately... its Thanksgiving! Shouldn't be thinking about woe!biggamejames wrote:That's right, OP. Now:PKSebben wrote:OP, you are abusing the anonymous feature. Stop, or you are getting the boot.
You going to the 2L thanksgiving thing in CC at 7?
Communicate now with those who not only know what a legal education is, but can offer you worthy advice and commentary as you complete the three most educational, yet challenging years of your law related post graduate life.
Register now, it's still FREE!
Already a member? Login
-
- Posts: 443
- Joined: Mon Sep 28, 2009 9:42 pm
Re: what happens if you flee the country to avoid debt
One of my neighbors actually did this. You should convert to Judaism, flee to Israel, and volunteer for the army. They don't turn in their own. Things seem to be working out okay for him.Anonymous User wrote:I'm not having any luck finding a job. I know people have joked on here about fleeing to Jamaica to sell surfboards, etc, but what actually happens when you leave? How does your debt affect you in your new country? Will foreign employers know? How likely is debtor's prison? Any other insights?
-
- Posts: 147
- Joined: Sat Apr 12, 2008 11:06 am
Re: what happens if you flee the country to avoid debt
Found these interesting articles:
Can you go to jail for not paying your debts?
--LinkRemoved--
Will debt follow you abroad?
--LinkRemoved--
Can you go to jail for not paying your debts?
--LinkRemoved--
Will debt follow you abroad?
--LinkRemoved--
-
- Posts: 131
- Joined: Tue Mar 03, 2009 2:08 am
Re: what happens if you flee the country to avoid debt
I think you misinterpreted me for someone who was taking this OP-joker seriously. I was using this thread as a launch pad for polanski jokes. Of course extradition doesn't come into play...unless there was rape or forgery involved. EIther way you need to relax and stop giving this guy ACTUAL advice.biggamejames wrote:Extradition? Dude, you can't be extradited for debt - it's not a crime, and no one will put you in jail for it. Extradition is irrelevant here.lewis louis wrote:I didn't know Roman Polanski posted on TLS! Really though? Of course that credit will follow you. They have internet and phones in Jamaica too. Debtor's prison? well if you go to a country with no extradition with USA, you should be fine, but they better not catch that ass going to countries that do to accept lifetime acheivement awards.
As fair as the bad credit following you, it depends on the country. You need to do your own research on this one, but there are many countries that have credit systems that do not communicate with the wider international system, and many countries that do not have credit systems at all.
The main danger of leaving the U.S. to escape your debt is the risk that your creditors will try to sue you in country to recover their debt. For this reason, you've got to either 1) make sure your creditors do not know where you are, or 2) make sure your the country in which you live is unlikely to recognize your creditors' claims. Again, this is an issue that calls for your own research.
- PLATONiC
- Posts: 358
- Joined: Mon Oct 05, 2009 8:13 pm
Re: what happens if you flee the country to avoid debt
Go to North Korea.
Seriously? What are you waiting for?
Now there's a charge.
Just kidding ... it's still FREE!
Already a member? Login