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Thank you, FLAandNYLAWYER
The one with MBNA I fully intend to settle as per the proposal. It's not an issue.
however I look at the other one i need to ask the question.
How likely in your experience or knowledge would it be for this to be domesticated in the US or indeed the UK creditor filing a law suit against me in the US. Would this be very costly for them to do this. What is the minimum I could do to prevent them taking any action?
I am correct in assuming that unless there is a court proceeding it will not adversely affect my credit rating in the US
okay thanks - only another few questions -
1) How long would it take for a UK Creditor to file a suit in the US on this subject.
2)What is the minimum i can do to prevent them from taking action.
I'm willing to offer to pay a minimal amount.
To put my cards on the table........ I have been in dispute with these creditors and they have not been very flexible with me and i was told by Scots Pro Lawyer that the debt was not enforcable in the US, so I decided to leave and ignore it, again the advise given.
I have a great life here in the US, comfortably financially, getting married next year and
planning to start a family. I refer to question 2 .... I can offer to pay a nominal fee but will not be able to make what they would call minimum monthly payments without it serioulsy affecting the quality of my life. From this perspective if I offered to make nominal payments would that prevent them from taking action.? or do you recommend anything else.
one more for you
When I get married I will be moving into my fiancee's house, it's her house and her asset , I have and will have no claim on it. in this case will her house be classed as an asset. if so how can i avoid this.
so even if they do file suit .....it's not too late to work out a payment plan. ?
Thanks for your advise you've been a great help.
That is correct. And in Texas, wages and homestead are protected.
My pleasure. Please request me directly if you need additional assistance.
I'm sorry but I have two more question and in need of simplification to ease my mind.
It's good to know that in Texas wages and homestead are protected.
So by working out a payment plan will also protect the only assets I have which is my car and household goods?
So all in all ..... there is a lot of time and water to go under the bridge before I need to get into a payment plan which in the end would protect any assets I have?
How long would it take for something like this to actually register in the US ?
It may never actually happen. However if it does, you will be served with a summons and complaint and have 20 days to respond.
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