Ask Experts Questions for FREE Help !
Ask
    USAMAN's Avatar
    USAMAN Posts: 1, Reputation: 1
    New Member
     
    #1

    Nov 13, 2007, 10:01 PM
    Levying on assets outside the United States
    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:
    excon's Avatar
    excon Posts: 21,482, Reputation: 2992
    Uber Member
     
    #2

    Nov 14, 2007, 06:39 AM
    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

Not your question? Ask your question View similar questions

 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Travelling to the United States [ 1 Answers ]

I've been charged with a crime but haven't been convicted of anything. The charge I'm facing is fraud under for stealing money from my employer. Would this bring up any problems at the border? I'm coming from Canada.

Where are course on the United States Constitution [ 2 Answers ]

I am an American citizen and would like to learn more about the American Constitution. Where may I take a beginner's course in Bakersfield, California?

United States Constitiution [ 2 Answers ]

Name the four ways in which the United States Constitition has been developed since 1789 and give an example of each.

United states immigrants [ 2 Answers ]

:confused: what 3 things that immigrants have brought to the united states

United states constituition [ 1 Answers ]

Name the four ways in which the United States COnstituition has been developed since 1 789 and give an example of each.


View more questions Search