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kimberlysoria

Dec 11, 2002, 4:26 AM

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what happens if i move to mexico leaving all my debt here in the u.s. would it affect me there?

ok another question....i am 27 years old and trying to take the first steps on what i need to do to move to mexico city...i am about 40,000 in debt here in denver co. i am so tired of living here...including everything.sometimes i just want to get up and go...what would happen if i did. i have good credit now but if i left without paying anything would my bad credit affect me in mexico. i am just ready for a new life and am tired of waiting. what is the fastest way of getting out of here and doing something i have always wanted to do since a child.

pedro naco

Dec 11, 2002, 4:58 AM

Post #2 of 34 (5644 views)

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Re: [kimberlysoria] what happens if i move to mexico leaving all my debt here in the u.s. would it a

how about developing a conscience first.

jennifer rose

Dec 11, 2002, 6:34 AM

Post #3 of 34 (5611 views)

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Re: [kimberlysoria] what happens if i move to mexico leaving all my debt here in the u.s. would it a

You’ll still owe the same debt, no matter where you live. Moving abroad doesn’t erase it. Only filing for bankruptcy will excuse you from those debts which are dischargeable.

Your credit history – good or bad – won’t travel with you to Mexico. As a foreigner living in Mexico, you won’t be able to establish credit with the ease that you did in the U.S. The odds remain that your stay in Mexico may not be long enough to outlive statutes of limitation.

Moving to Mexico to escape debt isn’t the solution. Consult with a bankruptcy lawyer where you live, and make plans to liquidate what you can, pay off what you can, getting your exemptions in line, and filing for bankruptcy if you must – before you make the move.

Moving to Mexico ought not be considered a move to evade creditors or to hide out from warrants. There are already enough snollygosters among the expatriate communities, and you surely don’t want to be among them.

keith

Dec 11, 2002, 8:29 AM

Post #4 of 34 (5470 views)

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Re: [jenniferrose] what happens if i move to mexico leaving all my debt here in the u.s. would it a

On the other hand, you could join the snollygoster's club. Be realistic: if you run to avoid the debt, it is going to be hard to support yourself once you get to Mexico, especially if people are still hounding you for that loot. If you can't do the honorable thing (pay up, dammit!), then decalare bankruptcy and let them have at you. When the dust clears and the buzazards all flap away, figure out how to make a life for yourself where you can look down your nose like Jenniferrose at all the snollygosters on the dodge.

Anybody else notice: this guy has 40 grand of questional debt, he's about to cut and run, yet he has "good credit!" There is a lesson here somewhere.

Elaine

Dec 11, 2002, 10:05 AM

Post #5 of 34 (5321 views)

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Re: [kimberlysoria] what happens if i move to mexico leaving all my debt here in the u.s. would it a

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I can understand what you are feeling. Unfortunately, you can run, but you can not run from yourself. When I married my husband, he came to our marriage with a lot of the debts that his ex-wife had run up, about $50,000 worth. I knew that when I married him. I had NO debts. I had to convince my husband to live without credit cards, etc. It is six years later and not only have I managed to pay off that debt, we have 2 new vehicles, a new RV, AND money in the bank. (My husband still can't believe that we did it!) To do this for yourself, you have to change the way you live. Be willing to give up living on credit, at least for a while, and work to pay everything off. What you might be able to do instead of going the bankrupt way is to call your credit companies and cancel all your credit cards. See if they have any program that you can use to get your interest reduced. Take your smallest bill and pay it off first by making larger payments. Keep paying the others with the regular payments. When the first bill is paid off, take the next smallest bill and do the same thing. You will be amazed at how soon you will be seeing the light at the end of the tunnel!

One other thing that we did was to cut out eating out except for about twice a month until the debts were gone. It is not easy to do, but if I could do it, anyone could. I might also add that, during this time, my daughter had a problem and we had to take in 3 grandchildren for about 4 years. Much more expenses, but we still managed. In fact, it looks like my husband will re-retire within the next year or so. I'm not going to tell you that it's easy to do, only that it can be done! You will have a lot more pride in yourself if you pay off your debts, with or without the bankrupt path. Besides, what would you do if you got to Mexico and found out that you didn't like it there?

***********************************************************
When one door closes, another opens. Some people are so busy looking at the door that has closed, they don't see the door that has opened. Keep looking for those open doors.
***********************************************************

lin robinson

Dec 11, 2002, 7:55 PM

Post #6 of 34 (5308 views)

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snollygosters?????

I LOVE it, but what or where is this word from? Sounds like a great companionpiece to the tosspots, rakehells and scofflaws I find myself constantly surrounded with.

Dec 11, 2002, 8:01 PM

Post #7 of 34 (5229 views)

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Re: [lin robinson] snollygosters?????

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In Reply To

I LOVE it, but what or where is this word from?

http://www.quinion.com/...irdwords/ww-sno1.htm

sparks

Dec 11, 2002, 8:24 PM

Post #8 of 34 (5163 views)

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Re: [ET] snollygosters?????

Either ET just published this one ... or it's a Canadian dysfunction

I don't believe they exist in the rest of the world

MarisolEnPlayas

Dec 12, 2002, 4:56 AM

Post #9 of 34 (5214 views)

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Re: [kimberlysoria] what happens if i move to mexico leaving all my debt here in the u.s. would it a

Kimberlysoria,

Many of the people here have already told you that your debt will follow you to Mexico. And shame on the people who passed judgement on that. I refuse to do that. People have many reasons for debt such as yours, including medical bills, which my mother ended up with after my father's fall, quadreplegia and eventual death, since his insurance covered a maximum lifetime benefit of up to $500,000 and his bills and expenses from his medical treatment were substantially higher than that. She was forced to take a mortgage out on her home and cover the overage with her home equity.

If your debt can be removed by bankruptcy, then indeed look into that. It's nothing that businesses don't do every day, even Enron. An attorney should be able to counsel you on the best method to handling your debt.

What I will tell you is that many Mexicans require an aval when you sign up for a rental, if you don't have an active credit card or credit, at least in Tijuana. Also, since you will be an American citizen, they may require an aval (co-signer from Mexico) even simply BECAUSE you are not Mexican. Also, while financing things in Mexico is not difficult, the percentage of interest is so high that you won't want to....many things are financed from 40 to 50% interest. You may have a need to rent a car or any number of other things, even ordering things from the internet that you miss and that would require a credit card.

The other thing is, you most likely will want to go home eventually. Most do. Then you have all those huge problems to come home to. I feel your frustration and I understand your desire to free yourself of it all. I hope that you make the right decision for you, not for the people that feel THEY know best what is for you.

As far as the criminal element hiding out in Mexico, there are many that do hide here, but their lives are usually not all that pleasant. We've taken in some of those "criminals" who are of Mexican descent but grew up in the states, and generally we are taking them from living in cardboard huts with no heat in the cold and a basic homeless lifestyle in Mexico, only that they have a crappy shelter at night. The thing is, these people are Mexican citizens for the most part that have been deported from the U.S. but haven't lived in Mexico for years.

I find it disgusting that the people here, who have benefited from the same privileges I have, feel a need to pass judgement on others that may not have had the benefits we experienced or the mentors we enjoyed that provided us with the right skills to conduct our lives differently. And without those social benefits, I surmise the people that judge would probably have turned out much the same as the criminals and the debtors.

Marisol

lin robinson

Dec 12, 2002, 12:18 PM

Post #10 of 34 (5020 views)

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Re: [sparks] snollygosters?????

Oh, the WORD may be only Canuck, but I've met snollygosters all over the world.

MarisolEnPlayas

Dec 12, 2002, 2:06 PM

Post #11 of 34 (5013 views)

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Re: [kimberlysoria] what happens if i move to mexico leaving all my debt here in the u.s. would it a

Another solution to your debt may be that you could move to a border city and work in the U.S. while enjoying the benefits of a less expensive lifestyle in Mexico while paying off your debt without bankruptcy.

In Tijuana, they do have apartments downtown that range in some substantial savings compared to the San Diego prices. If you can land a position that pays well and reduce your cost of living, you may have a more positive feeling about your situation while learning about Mexican life along the way. This could be a nice segway to your move, as allows you to sample the life here and still wind up some things in the U.S. until you can move exactly where you want.

Good luck to you in what ever you choose.

Marisol

pedro naco

Dec 12, 2002, 4:31 PM

Post #12 of 34 (5002 views)

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Re: [MarisolEnPlayas] what happens if i move to mexico leaving all my debt here in the u.s. would it

i'm shocked marisol that you would counsel a potential criminal that what she is doing is ok.she only owes $40,000 and i would venture to say by the tone of her post that she just doesn't feel she should be obligated to her debt which she probably incurred because she had to have THINGS without thinking of the consequences of buying them on credit.

before you jump on me i have a close relative with the same attitude"gee its not my fault all the banks and credit cards told me i could have this money to buy stuff-it's not my fault that i did it ,it's theirs so screw 'em and all the other people who pay their debt's ,i don't care if their interest rates go up because of me,i'm more important".

there's an old yidish expression-be a mensch!

her situation is not like your mothers so don't constantly turn other people's situations into ones you're familiar with-it doesn't wash in this case-open your mind to the fact that every situation does not compute with your own.

kisses and cheers-pedro aka attilla the hun on this one

i hope your husband doesn't get pissed off that i blew you a kiss

MarisolEnPlayas

Dec 12, 2002, 4:56 PM

Post #13 of 34 (5001 views)

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Re: [pedro] what happens if i move to mexico leaving all my debt here in the u.s. would it

Pedro,

Read her post again. It does not mention in any part of that post, the reasons she has debt, and I think people's assumptions are simply that ASSumptions. There could be any NUMBER of reasons why she has debt and it's her business and none of mine.

In the United States of America, neglect in paying your debts is not a crime. It is a blemish on your credit record, but DEFINITELY not a crime. It is also NOT a crime to move to another country. So, that leaves me wondering, WHERE you came to the conclusion that this troubled girl is a criminal? If so, then we better jail George W. Bush, because he passed his debt in Texas on to the taxpayers of that state. And while we're at it, maybe we should pull United Airlines in too, because I hear they have filed for bankruptcy to avoid repayment of their debt. As a matter of fact, I could name a NUMBER of corporate citizens that have done exactly the same thing and many of them move offshore to continue doing business. As a matter of fact, Enron is still conducting business and does business out of Mexico to boot!

I'm not comparing her situation to my mother's debt, but offering an explanation for a previous ignorant post, questioning how a person can have excellent credit, $40,000 worth of debt and feel like leaving it behind. There are so many explanations that could apply here that it's rediculous.

I'm not counseling this young lady that what she is doing is okay. Indeed, I'm warning her about the ramifications of her choice and the perils of making such a decision. I haven't even gone into the fact that a decision such as she is contemplating can also lead to a severe case of self esteem problems because she might feel like a criminal, since people like to place labels on issues they can't comprehend.

As a matter of fact, I believe if you read my posts, I have offered TWO alternatives to what she is considering. In truth, my heart goes out to her, because it must be a very stressful and difficult situation to be in and I do feel that banks and credit card companies deliberately set themselves up by issuing too many credit options and no counseling to accompany them. After all, if people opted to pay cash for everything, consumer spending and the interest collected off that spending would all but come to a halt, right? So it isn't as if the banks are being philanthropic by offering a credit card to people. They are operating on greed. And if some people get caught up in the trap, then I think people should be more understanding and less judgemental. Maybe that way, a person can learn from the experience and never go through it again.

My father certainly didn't PLAN on going from successful artist to quadreplegic...and I don't blame him for his debt. After all, I believe that people SHOULD have adequate medical care.

Saludos,
Marisol

Blows a kiss back and adds her new photo to portfolio!!!

gringostarr

Dec 13, 2002, 12:08 AM

Post #14 of 34 (4960 views)

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Re: [MarisolEnPlayas] what happens if i move to mexico leaving all my debt here in the u.s. would it

AMEN Marisol!

pedro naco

Dec 13, 2002, 6:38 AM

Post #15 of 34 (4924 views)

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Re: [MarisolEnPlayas] what happens if i move to mexico leaving all my debt here in the u.s. would it

aw common marisol who's reading between the lines and again its not neccessary to write novelettes about this persons situation so that you can air your beefs about what happened to your family financially-although i simpathize with your situation i don't see the relevance to this persons post.

pehaps the word crime was a little strong in referring to what she is planning-perhaps ethically impaired would be more suitable.

if one wanted to speculate,here's one for you-perhaps some creditor who already has been stung by such a person posted this to smoke out their scofflaw by getting them to advize this poster on how they did it!-hehe

on this one-i remain-yours-attilla the hun

cheers

tony ferrell

Dec 13, 2002, 7:58 AM

Post #16 of 34 (4923 views)

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Re: [MarisolEnPlayas] what happens if i move to mexico leaving all my debt here in the u.s. would it

Sorry Marisol,
But I believe you made an assumption by saying
she would be NEGLECTING to pay her debts. It is a
crime in the US to run up debt with no intent to
pay - whether it is writing a bad check or using a
credit card. Unfortunately none of us will really know.

I can say that IF she has run up 40K in debt, doing
what the typical american does, ie buying non-essentials, then I agree with Pedro. You see that
word IF can come in handy. I also have another suggestion, maybe she could sell all of her stuff,
pay off her debt and move to Mexico to start a
"new" life without anything over her head? tony

pedro naco

Dec 13, 2002, 11:01 AM

Post #17 of 34 (4865 views)

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Re: [tony ferrell] what happens if i move to mexico leaving all my debt here in the u.s. would it

but the poor whiner will probably only get $0.10 on the dollar for all the "necessary"stuff she has accumulated on her "good" credit-she hasn't responded to any of these posts-that's perhaps a good sign-maybe she is not totally ethically challenged and is feeling a pinch of guilt-lets hope!

pat

Dec 13, 2002, 1:05 PM

Post #18 of 34 (4939 views)

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Re: [MarisolEnPlayas] what happens if i move to mexico leaving all my debt here in the u.s. would it

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Mairsol, I am amazed at how you can take almost any subject and turn it into a criticism about another responder, or if that doesn't suit your mood at the moment, how easily you can turn it into a tirade against the U.S. Poor Mexicans being deported to Mexico does not have one iota of commonality with the original post, or to any of the subsequent responses... It does have a lot in common with many of your posts, regardless of topic, and that is U.S. bashing. We all know how you feel about the U.S. Gimmie a break already!

Pat

MarisolEnPlayas

Dec 14, 2002, 1:49 AM

Post #19 of 34 (4850 views)

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Re: [pat] what happens if i move to mexico leaving all my debt here in the u.s. would it

Pat,

The fact that you got some “anti-American” message out of the fact that I felt compassion for a girl in America, who was trying to find a way to lighten her load in life is almost schizophrenic, but not unusual for YOU. Do you also see brilliant colorful objects that noone else does?

May I recommend you renew your prescription, because your post made absolutely NO sense.

Marisol

MarisolEnPlayas

Dec 14, 2002, 1:59 AM

Post #20 of 34 (4796 views)

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Re: [tony ferrell] what happens if i move to mexico leaving all my debt here in the u.s. would it

Tony,

How did you reach the conclusion that this young lady "ran up debt with no intention to pay?" As far as the bad check writing blurb...You people are REACHING

Again, you assume so typically what her reasons for running up debt were. What I'm saying is open your mind. There are many reasons for debt occurring other than the scenario you prefer, because you lack the ability to feel compassion or to use an overused cliche, "think outside the box." With the cost of medical treatment and the paucity of healthcare benefits, it isn't illogical that this could be another scenario.

This thread reminds me of the witch hunts in Boston. So many people foaming at the mouth to tar and feather a person they know absolutely NOTHING about! Thank God there are kind people that offer solutions like Elaine amid the frothing ones. Maybe you should be questioning your own morality for such eagerness to bash a young lady trying to find her way, who is in a stressful situation. I don't feel that need, thankfully. And according to Pat, I should because she's an American like me...LOL

pat

Dec 14, 2002, 8:01 AM

Post #21 of 34 (4769 views)

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Re: [MarisolEnPlayas] what happens if i move to mexico leaving all my debt here in the u.s. would it

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Mairsol said (much snipped), "Maybe you should be questioning your own morality for such eagerness to bash a young lady trying to find her way, who is in a stressful situation. I don't feel that need, thankfully. And according to Pat, I should because she's an American like me"

Nope.. I don't think you should bash anyone, whether she is an American or not. I neither stated nor implied anything like that. I only commented on what I perceive as your eagerness to criticize others in these forums, and to bash most things American. That's all... and the more you post, the more I think you prove me correct.

Pat

Mac

Dec 14, 2002, 8:27 AM

Post #22 of 34 (5095 views)

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Re: [pedro] what happens if i move to mexico leaving all my debt here in the u.s. would it a

Growing up first would help, too.

pedro naco

Dec 14, 2002, 8:43 AM

Post #23 of 34 (4746 views)

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Re: [pat] what happens if i move to mexico leaving all my debt here in the u.s. would it

marisol's posts on matters such as these are fraught with a niavite that boggles the mind of an objectively thinking person until one reviews her novelets-then one can comprehend how she achieves her own self confussion on the original issue.

what i see is ,that according to marisol, one is not responsible for one's own actions-its always the elusive "they and them" that caused my misfortune!

i repeat, where is the original poster who gave marisol the platform on which to spout her disjointed retoric to the point where confusion once again reigns.

marisol ,why would you want to champion a person who admits to wanting to solve her financial problems by simply moving to another country in the hopes that nobody will persue her-perhaps you could give her your address so that she can move next door to you and you can loan her lots of money because you feel so sorry for her-then she can move to canada after cleaning you out where i will definately not loan her any -so then were's she gonna go

tony ferrell

Dec 14, 2002, 10:36 AM

Post #24 of 34 (4735 views)

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Re: [MarisolEnPlayas] what happens if i move to mexico leaving all my debt here in the u.s. would it

Marisol,
I came up with no conclusion I said IF therefore no
conclusion was made. You on the other hand said she would be "neglecting" her debts. It was you who
ASSumed she would be merely neglecting her debts.
She may very well be committing fraud or be over her
head or worst. Even the worst case scenario like a
serious illness, she can someone file for bankruptcy.
Then she can go to Mexico.
In the long run she would be in a much better position
because she would not have her debt or possible
jail time hanging over her head. Sorry you mistook
me pointing out your assumption as an attack on
this woman.
Look at both of my "solutions" - both solve the debt
problem so she can go to Mexico in peace. tony

Moondog

Dec 14, 2002, 9:30 PM

Post #25 of 34 (4703 views)

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Re: [kimberlysoria] what happens if i move to mexico leaving all my debt here in the u.s. would it a

I have an Idea why we're not hearing from Kimberley. She's probably on vacation----might as well make it $45,000 if its that easy.

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