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Old 10-13-2007, 11:20 PM   #1 (permalink)
reuben
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not paying credit card debt, going abroad, what happens?

What happens if a person owes about 30,000 USD in credit cards, then he goes to live in another country.....what happens if he wants to come back to the USA after say, 5 or 6 years?? Is he prosecuted?? Is he arrested at the airport?
 
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Old 10-14-2007, 12:22 AM   #2 (permalink)
Gib
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We don't have debtor's prisons anymore. Worse case scenario is they could possibly be charged with fraud, not likely though unless they charged up the cards with the intention of skipping the country.

More likely they would be sued and a default judgment obtained. Statutes of limitation would be tolled while the party was out of the country.

I'm not a lawyer, but that is my best guess.
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