Credit Card Dues : Moved out of US?

Hi , I have credit card debt of over 25K and have been paying the minimum to my Credit card company for almost a year now @20% . I US for have moved to Malaysia now permanently and dont intend to settle in the US but I might go to US for meeting my brother or for small business sometimes.

What If I dont pay my Credit card dues.

a) Will the information get transferred to immigration and they can prevent my going to US for any purpose ?

b) Since I am in Malaysia , can the CC companies sue me for non payment ?

c) I dont foresee myslef settling in US for the next 7 years , will the dues/default get wiped out from my history ?

d) Do I have to file for bankrupty if I dont have the assets to pay off my debts even if I am in malaysia? whats the process for bankruptsy ?

e) Can I get away from paying the CC debts since I am outside US and wont be needing any loans, credit or anything from US ?

Please advice..Thanks in advance...

Cheers

Maverick180

Credit Card Dues : Moved out of US?

Actually, the credit card companies do not care that much. They will not try to keep you from leaving the country. They can sue you if you were a resident in the same state, but that is usually not likely.

Filing bankruptcy affects your credit for ten years before it finally starts to recuperate. They will eventually write it off, but if you don%26#039;t deal with these companies, they will keep selling your accounts to credit collection agencies, and they will keep dinging your credit score.

Check out the article below. It will tell you step by step how to deal with these people. You could be out of debt much quicker then you think, and you could get your credit score to be premium by the time you come back if you do what the article says.

Hope this helps.

Credit Card Dues : Moved out of US?

For one if you entered the US you would get arrested if you stopped paying for a while.

second,no credit card company will ever give you a credit card until the debt is paid.

You will have a real hard time opening a bank account, or buying a home, business, rent,ect

Banks and Credit are international, this stuff haunts you your entire life.

Credit Card Dues : Moved out of US?

By moving out of the country the collections will be tolled (on hold) until you move back. As soon as you move back it will start were you left them.

Credit Card Dues : Moved out of US?

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