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Credit Card Debt Collection issues with overdue or defaulted credit card debt.

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  #1  
Old 02-21-2007, 11:41 AM
InDebt InDebt is offline
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Default Can my Credit Card Debt follow me to India?
Hi guys,
I am from India and was studying in USA. I was on my F1 (student) visa and during my college, I accrued quite a bit of credit card debt (about 20k) . I was hoping I would get a woek visa (h1), a good job and pay off my Credit Card Debt.
But my H1b application got rejected and now I am back in India. I am unable to pay off my credit card debt. Indian job does not pay enough to even save to pay minimum balances.
Since I am not going to live in USA anymore, my credit history does not matter. But can they do anything so that I am arrested when I go back to USA?
What are their options now and what are mine?
I will be grateful if anyone can help me with this information.
Thanks.
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Old 02-21-2007, 11:43 AM
seniorjudge seniorjudge is offline
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Default Re: Can my Credit Card Debt follow me to India?
One does not get arrested for debt in the United States.
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Old 02-21-2007, 11:57 AM
InDebt InDebt is offline
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Default Re: Can my Credit Card Debt follow me to India?
SeniorJudge, Thanks.
Would you (or anyone else here) know whatare the options with the credit card company now? Also, if I ever go to USA, would the immigrations and customs stop me or anything?
I am going to try to settle my debt with the credit crd companies for a lesser amount as an when I have money to give them... but I am a little scared... not sure what all they can do.
Please help. Thanks.
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Old 02-26-2007, 10:14 PM
calebb calebb is offline
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Default Re: Can my Credit Card Debt follow me to India?
This google search might help you.
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Old 02-27-2007, 05:56 AM
aaron aaron is offline
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Default Re: Can my Credit Card Debt follow me to India?
There are often tolling provisions which extend the statute of limitations for periods when the defendant is out of the country.
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