Us Debt When Going Overseas

[Cadyryeith]

Great morning, I'm an American resident presently surviving in America. Lately I dropped my Work and am not able to discover a different one, my spouse left to Sydney to become together with her household & today I'm compelled to maneuver aswell. I've near to $46K in credit debt & the truth that I'm shifting to some new location stops me from maintaining existing funds on my charge cards, hence, I'll be slipping in to the standard problem and its own effects. Our issue is really as follows: Because of The higher level of debt owed within the Usa to various creditors, might the lenders pursue me offshore & in that case, what appropriate motion may they consider against me in Australia because we do have current agreements with Australia. It's truly irritating, but I'm out-of choices particularly that I've an infant arriving per month. Can you please enable me by addressing my issue? Your clarification & tips are properly loved. Thanks & possess a great evening. John M.

[Delane]

Thank you so much Cathy, I appreciate your help. I am trying to do some reading about the issue, but any ideas or help is appreciated. Have a good day.

[Wyndham]

Can lenders follow me offshore & in that case, what appropriate motion may they consider against me in Australia because we do have current agreements with AustraliaSince we don't understand Foreign regulation, the very best we are able to state is whichever Foreign law enables them to complete. This usually might contain suing you in Australia.

[Twm]

I know nothing about the legal issues of enforcing a US judgment in Australia, but my sense of the economics of the situation is that it seems highly unlikely unless any one creditor has a very large claim and some reason to think it collectible.Cathy Moran

[Beale]

Thank you so much for your response. Just had a follow up question. Have you ever encountered a case similar to mine where the creditors took the case abroad. Your comments are well appreciated. Thank you & have a good day.