My husband was diagnosed with cancer and without insurance we had to chose between medical bills and credit bills/our home. Since we have dual citizenship we left the country and our home behind. Do credit card companies have the legal right to pursue legal action in another sovereign nation? They send us lots of threatening letters which we do not respond to.

Hello bj:

They'll probably sue you in the US because the contract you signed was based on US laws. They'll get a judgment. It may NOT effect you, or it might. Many banks are international, and if the bank you use has a branch in the US, it MIGHT get seized. Same thing with a brokerage account. Unpaid judgments won't look good on your credit reports either.

excon

Thank you excon for your timely response. I just checked with an attorney here and they do not have any legal claim in this country, cannot access the courts, or garnish wages either even if they had a branch here which they do not. They can send lots of threatening letters but cannot sue a person who has citizenship in another country in their courts. We really don't care about our credit report. I have more to worry about than that and it does not affect us here where our credit is good. The sad thing is that we had stellar credit until my husband got sick. We owned our home for 15 years without a missed or late payment. You never know what life is going to hand you. Thank you for your hel.