Hi!
I'm engaged to be married next year in America, and I plan to move there as soon as my Visa is cleared (I'm Australian.) I've managed to consolidate my credit card and bank/car loans so I've got $10,000 owing with my bank.
Where do I go from here?! Can I move overseas and continue to pay off my debt from there? Do I need liquid cash for my move or is it more important to get this paid off first? Finally, I was wondering if banks ever "settle" a debt for an amount that is lower than what is owed (ie: if someone cannot pay it off). I doubt I'll be earning a huge wage overseas, and I'll be in New York where rent is exorbitant to say the least!!
Any help/advice would be GREATLY appreciated!
I'm engaged to be married next year in America, and I plan to move there as soon as my Visa is cleared (I'm Australian.) I've managed to consolidate my credit card and bank/car loans so I've got $10,000 owing with my bank.
Where do I go from here?! Can I move overseas and continue to pay off my debt from there? Do I need liquid cash for my move or is it more important to get this paid off first? Finally, I was wondering if banks ever "settle" a debt for an amount that is lower than what is owed (ie: if someone cannot pay it off). I doubt I'll be earning a huge wage overseas, and I'll be in New York where rent is exorbitant to say the least!!
Any help/advice would be GREATLY appreciated!
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