Hi, I was mailed a Marshal's Notice of Execution recently after receiving a default judgment for defaulting on 7,000.00 worth of credit card debt. I have no assets at all in the United States but do have some in Caribbean region... My questions

Can they locate these assets House an bank accounts?

If they do locate it can they enforce the freezing of my accounts there and levy and foreclose on my house?

How do they go about finding assets outside of the US and in the Caribbean area??

Is there anyone out there who have gone through a similar situation??


Thanks Experts in advance!! :mad:

Hello USA:

Well, for $7K, they're not going to scour the world for you. However, if they have inkling that you're there and have property there, they certainly might go after it.

Can they?? I don't know. If you're talking about the Cayman Islands where banking secrecy is greater than, say Puerto Rico, then I doubt it. However, if your offshore bank is one that has branches in the US, then I'll bet they can.

How would they find your assets? I again don't know. It depends on how good their attorney's are, and how good you were about hiding them. If you're getting mail there, you can be found there fairly easily.

excon