My question involves collection proceedings in the State of: California
I used Credit card money for down payment of my house and was able to pay minimum balance for a year.
In 2008 I lost my job and had to leave US (VISA problem). I had to sell my house with a huge loss (100K+).
After 3 months of leaving US I couldn't pay any further.
I liquidated my 401K and started a business 2 years back (outside US).
Few facts:
I was outside US when the first default happened.
No agency was able to contact me as I was never in US (no summons).
Today I stand in a position to pay 20% of the initial amount.
Nobody in my family knows about this mess.
My driving license expired long back and I don't have any address attached to me.
Questions:
1> Does SOL work on this case? I was never in US after first default.
2> Should I call the CC and talk of settlement? Not sure who has bought my credit.
I do not plan to travel US (as of now) but would try to do what should be ethically & pragmatically done. Needs to be legally safe too.
I am open for advice. I never planned this but was forced for this situation.
Thanks in advance.

