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What happens if you leave the country with outstanding debt? |
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Answer
If you come back before the statute of limitation runs out on the debt, it could be waiting for you once you arrive on American soil.
You could come back to a judgment or a property lien [if applicable].
Now, ten years later, while you may not have to pay the debt, it can still show up on your credit report, if you haven't kept the report current.
Answer
There is also the possibility of being charged with criminal fraud. If the debt is large, and the creditor chooses they can file charges that the debtor took specific action with the intent to defraud the creditor. It would then be up to a PA to decide if the debtor acted with "sufficiently evil intent" as to form the legal basis for the charge of criminal fraud (stealing by deceit).
First answer by Christina Athens. Last edit by Macky. Contributor trust: 3099 [recommend contributor]. Question popularity: 56 [recommend question]
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