So my situation is like this.
I have 200.000 $ in credit card debt, and theres no possible way for me to repay that.
I am not a usa citizen and i do not own any assets here ,so what should i do because i really think of leaving and going back to europe.
I do not own any assets in my home country in Europe .
Should i apply for a bankruptcy before leaving, or should i just leave and thats it ?
I wont be able to come back once i leave usa .
By signing up a debt counseling session, your provided details (Name, Email ID and Phone No.) will be forwarded to the company advertising on the DebtCC. However, you have no obligation to use their services.
Some creditors and collection agencies refuse to lower the payoff amount, interest rate, and fees owed by the consumer.
Creditors/collection agencies can make collection calls and file lawsuits against the consumers represented by the debt relief companies.
Debt relief services may have a negative impact on the consumer's creditworthiness and his overall debt amount may increase due to the accumulation of extra fees.
The amount which the consumer saves with the use of debt relief services can be regarded as taxable income.