FOREIGN DEBT IN UK BUT LIVE IN USA

This is a discussion on FOREIGN DEBT IN UK BUT LIVE IN USA within the Debt Collection forum, part of the BANKRUPTCY & DEBT COLLECTIONS category; Can UK debt effect your US credit? Can they enforce debts signed in UK if sold to US collection agency? ...

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Old Jul 23rd, 2008, 10:52 AM   #1
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Default FOREIGN DEBT IN UK BUT LIVE IN USA

Can UK debt effect your US credit? Can they enforce debts signed in UK if
sold to US collection agency? I was with AMEX in UK - signed credit agreemnt for UK but I have been told that the debt is being sold to US company.
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Old Jul 23rd, 2008, 01:32 PM   #2
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Default Re: FOREIGN DEBT IN UK BUT LIVE IN USA

They certainy can but it is cumbersome and more costly so they may or may not do so.

If the debt is large, it is more likely they will.
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Old Jul 23rd, 2008, 02:05 PM   #3
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Default Re: FOREIGN DEBT IN UK BUT LIVE IN USA

Thank you but this still does not tell me if a UK credit agreement can be enforced in the US as it is a UK agreement - not a US one? Can they report to US credit agencies?
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