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Leaving The Country With Debt


jayben
Rep Points:
Posted on November 2, 2009 at 12:50 pm
what happens if i have an unsecured personal loan to pay and i am relocating to another country for good. can they chase me? Eg. moving from U.S. to Spain with $7,000 of debt.

Karess
Rep Points:
moderator
Posted on November 3, 2009 at 12:52 am
Your creditors won't chase you, definitely. The most that they'll do is attempt to contact you and charge off your account after 180 days of non-payment.

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