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#1 |
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Posts: n/a
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Student loan
I am a permanet resident alien of the United States and have a student loan debt in a foreign country. The loan is 16 years old and no payments have ever been made due to my financial difficulties. Can the foreign government still garnsh my wages or put a lien on my property here in the United States, or does a collections statute of limitations come in to play? I am planning to propose a payment plan, but would like to understand more about my situation before I negotiate.
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#2 |
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Top Level Member
Last Online:
11-16-2008 01:08 PM Join Date: Feb 2007
Posts: 723
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They can still collect unless law in that country bars collection after x period. It is not the US law that controls that.
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#3 |
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Junior Member
Last Online:
07-10-2007 11:59 AM Join Date: Jul 2007
Posts: 1
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I highly doubt a foreign country can put a lien on your property in another country due to debt with student loans. I would contact a lawyer to get more help on this topic but I think you will be ok as long as its a foreign country.
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#4 |
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Top Level Member
Last Online:
04-06-2008 12:33 PM Join Date: Mar 2007
Posts: 233
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Legally they can do it but it is hard to do and expensive and not likely for a student loan.
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