Urgent Help For A Colleague-- Stuck

[pawan_kalyan]

raaru bhayya.. a process lo emina mistake chesthe ikada law ela untundo valaki teliyadu..so vallu dhairyam cheyaru..ayina banks, creditcard companies ki edo untundi a tehcnical term gurthu ravadam ledu..ilanti case lu evry year untay vallaki... 

Avuna bhayya.....thanks will pass on

[pythonic]

Kani one thing uncle...future valla kids or someone remotely related to him ekkadiki vachinna they might try to get to them....naku okasari kenya athanu valla father ekkadiki vachi masters chesi some university federal loan teesukunnadu anta...he jumped back without paying...eethanu ekkadiki vaste they got this info and started asking for pay back....imagine this thing happened many years ayina valla daggara records unnayi....

Kani okasari malla confirm chesukunni it's better to pay back to be free from tensions later...even i heard uk credit cards are too recovering if they come back to india without clearing....

[Betting Bangarraju]

7 yrs athani cr. history lo untada negative record. It's safe for him to stay at India. After 7 yrs he can come back to USA. Where cr. history will be wiped off.

But in any case he comes in contact with cr. Beureu or collection agency, he will be tracked on his every movement.

Be careful.

[THE_FNG]

Lite bhayya. India vacchi peekataniki legal ga aithe no route. Hague convention ani okkati untadi. Basically, Countries A & B should have signed that together. That allows either country to legally prosecute/proceed on any individual in the other country. As far as I know the Hague Convention treaty was not signed between US and India.

 

I do know that some times lenders use back channels and harras people to pay up that money they owe. Just like India lo banks, CC payments kosam local goons ni hire chesinattu. But, adi chaala rare and depends on the amount owed, reputation of the company, how much it is going to cost them to recover the money, if the account is with a collections company and many more factors.

I think he can rest easily. USCIS kuda maari antha patichukodu, unless they see that the candidate has purposefully tried to dupe the lenders. I mean, USCIS has all your records in conjunction with IRS, so how much you make, your spending, savings everything is recorded.

 

Source: I work in Compliance and Privacy

[nahor1010]

Ask him to call the credit card companies and explain the problem to them. One of my friend had a similar problem with capital one. He had 45k in credit card debt. After talking to them and telling them I cannot pay, bank agreed with him and asked him to pay $10k instead of45k. Ofcourse credit history dengindhi but he got away by paying only 10k instead of 45k.

[pandugadu999]

lite teeskoni india lo undumanu,,,if he wants to pay, settlement offer istaru aa companies..so that motham kakunda  40% ala  pay cheyamantaru...but credit history lo untundi  settled ani....so credit history de***tundi.. so elagina credit history negative record untadi...so better to pay nothing and stay in india ...