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My mom lives here with me in Mexico and she has just confessed that she was over her head in Credit card Debt. I'm trying to understand what the options are as we’re also in the process of losing our property to foreclosure and are wondering about that as well, we are US citizens. Our life is good here in Mexico and there is no need to ever return to the US. Aside from bad credit, what could happen to my mom if she visits family back in the US? I know the credit agencies could sue her, but what exactly happens if she never receives the summons or appears in court and looses by default? She is an older woman and we take care of her now here in Mexico. She won’t even get on a plane from fear of Immigration taking her Passport. Can you advise me EXACTLY what can happen? How can she be affected since she doesn’t live in the US anymore?
We have tried working out things with the credit card company, but they will not lower the interest or work out any plan with us and the payments they are requesting are to high for us to pay ($300) and barely cover the interest ($305). Any ideas PLEASE?
Thanks!!!
Hello Rick,
Thank you for your question.
They may obtain a judgment, seize some assets ( if in the us ), levy bank accounts. ect
In reality, nothing will happen if she's in Mexico.
I'm sure she's a proud person that has tried to make good on her obligations, the credit card company made it difficult.
If she really wants to pay off the accounts, we can assist her in doing so.
Contact me at
Mike.Moore@OntrackFinancialGroup.com
We can communicate there.
Ontrack Financial Group llc
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