come back to the U.S. to live permanently. You can certainly try to, however, once you do return it’s likely that you’ll come back to the same debt (if it hasn’t tripled in late fees, interests, tax liens, and more).
So, if you’re going to go. You’ll have to stay gone.
Is It Legal?
While it is legal for you to move to any part of the world you’d like, the federal government can still come after you. Your debt is one thing, but the IRS is another. If you have unpaid debt balances when you move, those balances may eventually be canceled and be reported to the IRS, at which point the unpaid debt may be considered part of your income.
If you owe more than $600 to any one company, if it’s canceled, forgiven, or discharged in a bankruptcy, it can potentially be considered income in which you now have to claim on your taxes.
Another fact to note is, your debt collectors can file a lawsuit against you. If they are already in the process of