this post was submitted on 17 Aug 2023
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Work Reform

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[–] jeanofthedead@sh.itjust.works 5 points 1 year ago (7 children)

I don’t think your debt disappears if you expatriate.

[–] sturmblast@lemmy.world 4 points 1 year ago (3 children)

it doesn't go away but if you don't come back it doesn't really matter

[–] kungen@feddit.nu 3 points 1 year ago (1 children)

Depends on where you're disappearing to, and how smart your lenders are -- many countries cooperate with foreign debt enforcement.

In Sweden for example, a foreign lender can apply for debt enforcement with our national enforcement agency (Kronofogden). They then handle it the same as domestic debt by garnishing your wages or confiscating your property for example.

[–] Matt_Shatt@lemm.ee 2 points 1 year ago

Can’t garnish me or take my things if I expatriate and just become homeless. Checkmate government!

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