I am US citizen residing in Asia. I have no US property, bank accounts, or income of any sort within the US. I have just been informed that a summons had been delivered to my parents' home regarding an unpaid student loan
(the total is $14,0000 plus fees), and I now have two weeks to respond. That being said, I do not wish to pay this loan. I understand my legal obligations, and I am fully aware of the average opinion on moral obligations, but I have made the personal decision to not pay off my students loans due to economic opinions I hold. That being said, I do wish to be strategic here.
I currently have a total amount of student load debt of $220,000, which is increasing daily due to interest, fees, etc. Again, I do not intend to pay it off. I also do not intend to return to the US, and my credit is already destroyed. I am not concerned with my credit score, etc.
I understand that if I do not respond to the summons, a default judgment will be granted, and eventually the lender will be able to garnish wages, place liens on property, and so forth. However, considering that I am not in the US, have no bank account with US entities, hold no property in the US, and otherwise have nothing of any value in the country, is there any real risk involved in not responding to the summons? Can I be jailed? Can they come after my very small income here in Asia? Or is there any other threat I am unaware of?
I apologize for the length of this, but I wanted all the facts to be presented. Any advice would be greatly appreciated.
Thank you in advance.