• kungen@feddit.nu
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          1 year ago

          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
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            1 year ago

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

      • waraukaeru@kbin.social
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        1 year ago

        You can get on income-based repayment. You have no American income, so you pay nothing. Eventually the debt is cancelled, as long as you don’t move back.

        • pinkdrunkenelephants
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          1 year ago

          Yes we can. Band together and buy land in small, remote towns and build intentional communities where money is not needed. Incorporate them into separate counties so no taxes can be levied. Conduct all business in crypto.