Job Discussion Forums

[31]

[ls650]

From http://www.dictionary.com

gar�nish�ee ( P ) Pronunciation Key (g�rn-sh)
n.
A third party who has been notified that money or property in his or her hands but belonging to a defendant has been seized by legal writ.

tr.v. gar�nish�eed, gar�nish�ee�ing, gar�nish�ees
To seize by garnishment: garnishee a debtor's wages.
To serve with a garnishment: garnishee an employer.

Source: The American Heritage� Dictionary of the English Language, Fourth Edition

[merlin]

Will they refuse to renew your passport? NO
Can I get deported? No
Could collections agencies come after me in Buenos Aires? If they do sick the dogs on them. If they by some miracle get your phone number just answer in Russian

The 4 year deferment for studying is a good idea. It will give you 4 years to think about it. 4 years can be a long time.

From the picture you've pinted it seems your mind's already decided and you just want to make sure nothing really bad happens because of it. Nothing really bad will. Your credit rating will be damaged and if you ever try to get financial aid again you'll find it very difficult and if you get a job in the US they'll start garnishing your wages as soon as you file an income tax return. You prob ably won't be able to get any governmental jobs and will find buying a house in the US more difficult.

So, if you plan on living "abroad" for therest of your life chances are you'll never have to deal with this problem.

But I'm going to just throw something out here:
Does your leaving the US forever have anything to do with George W. and the war on terror?

A lot of people are doing this but it seems really ridiculous. who's to say that one day the tide won't change? What if one day you'll be able to get a US green card for a "significant other". Impossible? I thought gays in the military were impossible until Clinton just did it and George W. hasn't had the balls to reverse it. It just takes one democrat who badly needs the gay vote to just administratively make it a reality in less than a month.

You never know what changes there will be in the future.

So it looks like you're going to default on your student loan. Not good but not so terrible either.

But just try to make it your last one and keep things in perspective: Bush is gonna be assassinated. Cheney will then so totally screw up so bad and then try for re-election. Then we'll see where all these democrat presidential candidate wannabes have been hiding.

[JonnytheMann]

If I really do decide to stay for a long time, I can reconsolidate my loans because right now I have great credit. I will find a consolidator that allows me to pay the loans back over like ... 20-30 years instead of 10. I will make the best payments I can. It seems it'd be better to have slightly crappy credit back home than completely destroyed credit. Hopefully, I will be able to find some type of job via the internet to supplement my income. Maybe translating.

We'll see what happens ... four years is a long time. And maybe my relationship won't work out despite what I think. And it would be very foolish to screw up my life back home. So it looks like deferment, and then payment.

Also, there is a rumor that when one of my older relatives passes away, I am going to inherit $30,000 or so ... so maybe that could pay off my loans. Not that I want this relative to die at all ... I will be very, very sad. But my aunt told me that I would inherit that money so maybe it will be my saving grace.

As far as Bush ... I wouldn't leave the country over him. Yes, he annoys me, but fleeing the country isn't the answer.

[thelmadatter]

I think that could be a really good plan. I hope your relative doesnt die either and it is probably best not to plan or put hopes on an inheritance... You just never know what will happen.

[Volodiya]

Read this, if you haven't already read it, or something very similar.

http://www.washoelegalservices.org/student.htm#what

[booty]

[Justin Trullinger]

Just a note on gays in the military:

A previous poster seemed to be implying that Clinton's administration had taken care of this issue. What really happened, after all the promises, hearings, investigations, etc, was: "Don't ask, don't tell."

While this may have minimized the witch hunts to identify and kick out homosexuals in the armed forces, it still leaves the "no gays" sign pretty clearly on the military entry door. It is clearly against the rules for open, "out" homosexuals to serve in our armed forces.

Maybe this will be changing soon, as they seem to be having a heck of a time getting anyone at all to sign up these days, but so far, the rules remain.

Regards,
Justin

[moonraven]

FYI, debt collectors do NOT catch you in the end--or in any other part.

I had to dump my debts when the peso crashed at the end of 1994. They made harrassing phone calls to my mother until I wrote them all letters and threatened them with legal action if they didn't leave her alone. That was it. They did not track me down in Mexico, or have process servers lurking in the airports on the many trips I have made back to the US. I do not need credit in the US.

Speaking as an accountant, I can tell you that the slowest balance sheet slam dunkers write everything off at the end of the financial year. Otherwise they are commiting fraud by listing uncollectable items as receivables (which are assets).

[JonnytheMann]

Is it the same for credit card debt? Just wondering cuz I know Visa, Mastercard, etc. are worldwide companies. Let's say, just for the sake of arguement, I went on a wild spending spree with my American credit cards in Argentina and decided not to pay them back. Could Visa or Mastercard send people after me in Argentina?

I sooooooo promise that I am just wondering this for hypothetical reasons. I'm not gonna go insane like this. I was just wondering. Honest ...

[moonraven]

I was talking about credit card debt.

[darkhorse]

You can avoid debt collectors for your entire life if that's the goal. They can't "do anything" to you in the U.S. or Borneo other than wreck your credit. Whether this is something you consider bad enough to avoid, I don't know. I personally don't understand why you would want to destroy your "great credit" so casually. If you return to the U.S. you will won't be able to get a car loan or a house mortgage. Some employers even check credit ratings now, which I think is horrific, but there you are.

Perhaps you don't want to thing about the big picture at this moment in time, but you can destroy something in a moment that will take years and years to rebuild.

[darkhorse]

P.S. Regarding student loans, you are dealing with the U.S. government. If you return to the states they WILL withold any tax refunds and they WILL find you eventually, and garnish your wages. In the meantime, while they are looking for you, they will pass back your defaulted loan to collection agency after collection agency which will each tack on horrendous fees, making your original loan look like chump change.

Consolidate NOW.

[JonnytheMann]

Yeah, I've decided that I am not going to destroy my credit by defaulting on my loans. It would just be so foolish. If anything, I will enroll in a Argentine university so that I can defer my loans. I will pay what I can each month even though nothing is due. When I am done studying, I will pay what I can each month. Someone told me that if I keep paying on them, even if it's under the amount that's required, then I should be okay.

I'll definitely consolidate them as well.

Maybe after a few great years in Argentina, I'll just have to go some place for one year with my bf where we can earn a lot of money together for one year in order to pay off my loans.

I appreciate all the wisdom from you guys. It's shown me to think long term. Much appreciated.

[merlin]

Good to hear it Jonny. Do as we say and not as we've done.