Moving to DR - Can I get away from my debts?

[jvalverde]

Can I start over in DR without getting hassled by creditos in the US? Can I start a new credit history in DR? I am goign to marry my girlfriend and we plan to live in Santiago - not the United States. Thanks!

[Hillbilly]

This does not bode well for you. The DR is interconnected to most credit watch systems in the US so if you ever go to a bank and post your ID you will be singled out as a risk..Settle your debts there before you come here.

HB??

[A.J.]

I agree with HB - it is also a good idea to settle your debts in the case you want to move back to the US.

If you debts are too much for you consider contacting Consumer Credit Counseling (CCC) and setting up a payment plan to consolidate your debts and lower your interest.

[bushit]

You could also change your identity... - but that would be naughty.

[Mr_DR]

Originally Posted by jvalverde

Can I start over in DR without getting hassled by creditos in the US? Can I start a new credit history in DR? I am goign to marry my girlfriend and we plan to live in Santiago - not the United States. Thanks!

Just take the easy way out...file for bankruptcy...it does not take too long to rebuild your credit these days...I know a couple that that did it and in less than 2 years they were getting credit cards offers and bought a $60,000 trailer on credit.

[BushBaby]

This should set up BIG warning signals!!

If you Can't handle your credit in the US, there is NO way you will be able to handle it in the DR!!! Please, reconsider your desire to move to the DR until you are able to control your personal finances - it is a dog eat dog existence down here & you could find yourself in FAR worse a situation if you don't pay your creditors!! ~ Grahame.

[Ken]

i agree with those who say you should settle up in some way before leaving the US. Since you plan to marry and live here, you will want to get permanet residency, renew your passport when it expires, etc. Somewhere along the line your past will catch up with you if you left the US under a cloud.

[Stodgord]

If you go to DR make sure you don't get deep into debt otherwise you'll learned the famous Dominican phrase "le embargaron to' ". Over there, the authorities do not baby you with personal bankruptsy like in the US. It is actually embarrassing because your creditor will go to your house with the police and pratically place all of your belongings on the street for everyone to see before they take them.

[Naufrago]

Moving out of the country should slow your creditors down a bit. Leave no forwarding address. Don't use your SSN for anything. Changing your name wouldn't be terrible idea, maybe just the spelling of your last name. And most importantly stay out of the credit game from now on. The rates down here will kill you anyway, if you can get it. And you'll sleep better, spending only what you earn. Let us know if they catch up with you. I'd be a little suprised to hear that they find you. Good Luck with your escape.

[Voyager]

Relocating to a new country and burning all bridges whilst doing it seems to me a very dangerous thing to do. What if things don't work out in DR? Was nun, kleine Mann? Relocate from DR to Haiti?