Friday, 1 August 2014

what iif someone, e.g. from Taiwan, have a credit card debt of $20,000 in United States, return to Taiwan forever and never pay this amount ...

Question

what iif someone, e.g. from Taiwan, have a credit card debt of $20,000 in United States, return to Taiwan forever and never pay this amount back, what will happen?

Will the credit card company or the banks report to the police and ask federal government to contact Taiwan government??



Answer

Whether there will be police activity in the situation depends on if there was criminal conduct such as fraud in obtaining the credit. If it is simply a matter of a loss job, etc., which resulted in the inability to pay the bill, then it is a civil matter and the credit card company would have to sue you to get a court order for a judgment.

I am unaware of a request to another government for help in obtaining repayment of a debt. If you are indicted on felony theft or fraud case, then the U.S. government could seek extradition of you to the U.S. for prosecution.



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