What to do if sister come back to India without paying CC bills
27-Sep-2023 (In Banking / Finance Law)
My sister is having total credit card debt of 75000 $ belonging to multiple banks in USA. She was working in USA on H1B Visa. . Her VISA got expired and she doesn't has any plans/opportunity to come back to USA. And she can't pay this amount. Please answer:- 1)My sister's permanent address was on her passport and must also with the bank since she gave the passport copy at the time of opening the account. Can the collection agencies reach my sister on her permanent address in india ? 2)My sister still works with the same US MNC in india .Can her employer (US MNC) take any action against her due to this debt in USA? 3) India is not a signee of Hague convention on foreign judgments in civil and commercial matters. So ,any civil judgment passed in USA shouldn't be valid in india. Can there still be any legal action in India due to this debt in US? 4) Will there be any option for settlement on partial amount ?
Collection agencies may or may not be able to reach your sister's address. But, the police one day may finally reach your sister place. If the banks in USA write to the MNC she is working for, the company may write to the Indian Company. Employer will refer to the terms and conditions of the employment and then decide course of action. India may not be signatory to the Hague Convention on foreign judgments, but there are host of other treaties in place between the two countries, and which can potentially govern this issue of enforceability of the judgment in a foreign territory. Option of partial settlement of the amount is at the discretion of the bank.
My sister is having total credit card debt of 75000 $ belonging to multiple banks in USA. She was working in USA on H1B Visa. . Her VISA got expired and she doesn't has any plans/opportunity to come back to USA. And she can't pay this amount. Please answer:- 1)My sister's permanent address was on her passport and must also with the bank since she gave the passport copy at the time of opening the account. Can the collection agencies reach my sister on her permanent address in india ? 2)My sister still works with the same US MNC in india .Can her employer (US MNC) take any action against her due to this debt in USA? 3) India is not a signee of Hague convention on foreign judgments in civil and commercial matters. So ,any civil judgment passed in USA shouldn't be valid in india. Can there still be any legal action in India due to this debt in US? 4) Will there be any option for settlement on partial amount ? Pls contact me for the same i will help u.
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