I have over $12,000 of credit card debt that I accumulated between 2003-2005 on four different credit cards while living in FL.
I was laid off in 2003 and have been freelancing as a graphic designer for the past two years, barely making enough to pay for basics like rent, food and clothing. I moved to Venezuela for a job opportunity and no longer live in FL.
I haven't made a credit card payment since April 2005. I have no money & no belongings aside from a used car that I purchased to get around in Venezuela. I don't plan on going back to the US until 2008. Last I heard, I was getting letters from collectors agencies and have no idea how to deal with them.
Can I get sued even if I am no longer a resident of FL?
Should I try to negotiate my debt with collectors?
If I never pay those debts, when will the debt be erased from my credit report?
Any recommendations that don't include bankruptcy?
Thanks in advance for your ideas.