bankruptcy government information
What happens if we don’t pay our debts in the U.S?
We own a house in the U.S. and owe 50K in credit cards. We moved to Dubai. We have residency status here. What happens if we do not pay our credit card bills? Can we file bankruptcy while out of the country? Will the government come after us legally? What if we continue to pay just the mortgage payments? We can’t afford to support two households and the debt in the U.S. Has anyone had a similar issue or know where I can look for information about this?
If your in Dubai the government cant “come” after you because Dubai does not have an extradite clause with the US. If you dont pay your debts after a couple of months your debitors will place leins against your property, a few months after that they will take you to court and of course you will loose and the credit card companies will sanction the city/state/government to liquidate your house and they will get first pickens at the money thats if the state doesn’t keep it all to them selves cause i am sure your not paying your taxes either.
|
|
Overhaul: An Insider’s Account of the Obama Administration’s Emergency Rescue of the Auto Industry $0.99 “Steven Rattner shows a journalist’s eye for detail . . . Overhaul is a feast of political and financial intrigue.” —Detroit Free PressIn Overhaul, Steven Rattner delivers an inside account of the Obama administration’s bold bid to save the auto industry. From his vantage point at the helm of the intervention, Rattner crafts a tightly plotted narrative of political brinksmanship, corporate i… |
|
|
Hide Your Assets and Disappear: A Step-by-Step Guide to Vanishing Without a Trace $4.00 In Hide Your Assets and Disappear, a master gumshoe gives some straight information about how to cover your trail and protect your money from the government and creditors. Edmund J. Pankau, a writer and acclaimed private investigator, believes that individual rights, privacy, and benefits are slowly eroding in the United States, but that there are ways–legal and illegal–to beat the authori… |
|
|
Bankruptcy rules: leave the children behind.(IV. Consumer Rights): An article from: Multinational Monitor $5.95 This digital document is an article from Multinational Monitor, published by Essential Information, Inc. on May 1, 2004. The length of the article is 1106 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.Citation DetailsT… |
