What is Reddit's opinion of How to Escape Student Debt By Leaving the USA?

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I am the author of How to Escape Student Debt by Leaving the USA, which is the only guide on this topic and is available on Kindle https://www.amazon.com/Escape-Student-Debt-Start-Abroad-ebook/dp/B079KHXSXZ. 
You can move abroad and there is virtually no chance of anyone effectively collecting if you do not have any assets in the US.  Of course, the debt continues to grow with interest etc.  Nonetheless, you now have new life wherever you live and you will be fine. 
I did file for the COVID stimulus money and had cheques sent to a US address.  Under no circumstances should you give the IRS or any US agency your whereabouts abroad.  You can still renew your US passport and I have travelled back to the US without problems.  However, use a third party company to receive your US passport.
As for the inheritance, I would recommend your parents creating a trust to transfer assets to you.  You can contact me via PM if you want to discuss the specifics or continue the correspondence here. 

I am the author of How to Escape Student Debt by Leaving the USA, which you can find on Kindle https://www.amazon.com/Escape-Student-Debt-Start-Abroad-ebook/dp/B079KHXSXZ.
You can contact me via PM if you want to mention the country.  I suspect the lender is trying
to demonstrate that it served you so it can collect a default judgment in the US.  Nonetheless, the lender would likely have to file suit in your country and you will have numerous defences such as statute of limitations, public policy, deficient service, etc.
Do remove your name from all US bank accounts and keep quiet about your whereabouts on social media when you relocate. 

I left the US more than a decade ago, in part, to leave my student loans behind.  I have built up a great life in my new country, so much so that I wrote a book titled How to
Escape Student Debt by Leaving the USA, which is available on Kindle https://www.amazon.com/Escape-Student-Debt-Start-Abroad-ebook/dp/B079KHXSXZ.
I started working, saving, and investing and I have done very well.  Had I spent years repaying my loans, I would not have been able to save and invest money right away.  This is one of the greatest downsides to becoming a debt slave.  I know people who spent many years repaying their loans instead of working for themselves and getting ahead.
I have had no problems entering and leaving the US when I go to see family.  However, I am going to renounce my US citizenship in the coming months.  I am happy to answer questions you might have. 

It is very easy. 
Apply to the immigration agency of the country to which you want to
relocate.  Depending on your age and
backgrounds, it may happen instantly or take a few months.  I am happy to answer any questions.  You can check out the book I wrote on the
subject https://www.amazon.com/Escape-Student-Debt-Start-Abroad-ebook/dp/B079KHXSXZ. 

I responded in the thread with this:

I commend the OP for finding a solution to his problem. In fact, I did something very similar and I wrote a guide called How to Escape Student Debt by Leaving the USA, which is available on Kindle https://www.amazon.com/Escape-Student-Debt-Start-Abroad-ebook/dp/B079KHXSXZ/ref=sr_1_2?keywords=how+to+escape+student+debt&qid=1578773828&s=amazon-devices&sr=8-2. The entire student loan system is a racket and leaving is a viable option to start over somewhere else. The reality is that those who repay their loans place themselves at an enormous financial disadvantage compared to someone who can save, invest, and accumulate wealth.

Big companies declare bankruptcy when it suits them. Similarly, the politicians create debts that they will never repay, except via inflation. The entire system is crooked. People like the OP are simply bailing themselves out without lobbying the US government for their bailout, as everyone is doing under the pretext of Covid-19.

Good luck to you OP. Do the smart thing and live a wonderful life.

I wish you good luck. Australia is a great country and I have spent a bit of time there myself. I wrote a bit about this topic in my guide, How to Escape Student Debt by Leaving the USA which is available on Kindle https://www.amazon.com/Escape-Student-Debt-Start-Abroad-ebook/dp/B079KHXSXZ/ref=sr_1_2?keywords=how+to+escape+student+debt&qid=1578773828&s=amazon-devices&sr=8-2.

No one will bother you with the student loans in Australia, except if you are a New Zealander. The New Zealand government is aggressively targeting defaulted borrowers who leave the country and the New Zealand government is able to do quite effectively in Commonwealth countries like the UK and Australia. If you follow the tips in my book, you will be fine.

I commend the OP for finding a solution to his problem. In fact, I did something very similar and I wrote a guide called How to Escape Student Debt by Leaving the USA, which is available on Kindle https://www.amazon.com/Escape-Student-Debt-Start-Abroad-ebook/dp/B079KHXSXZ/ref=sr_1_2?keywords=how+to+escape+student+debt&qid=1578773828&s=amazon-devices&sr=8-2. The entire student loan system is a racket and leaving is a viable option to start over somewhere else. The reality is that those who repay their loans place themselves at an enormous financial disadvantage compared to someone who can save, invest, and accumulate wealth.

Big companies declare bankruptcy when it suits them. Similarly, the politicians create debts that they will never repay, except via inflation. The entire system is crooked. People like the OP are simply bailing themselves out without lobbying the US government for their bailout, as everyone is doing under the pretext of Covid-19.

Good luck to you OP. Do the smart thing and live a wonderful life.

I am the author of the e-book How to Escape Student Debt by Leaving the USA, which is available on Kindle https://www.amazon.com/Escape-Student-Debt-Start-Abroad-ebook/dp/B079KHXSXZ/ref=sr_1_2?keywords=how+to+escape+student+debt&qid=1578773828&s=amazon-devices&sr=8-2. The short answer is that you are free. Currently, the US government and private lenders do not pursue defaulted student loans abroad. You are also free to travel to the United States.

I recommend keeping a low profile on social media etc. You can travel to the US. However, the situation could change, albeit it is unlikely. The UK and New Zealand pursue their student debtors abroad, but only in Commonwealth countries where it is easy to confirm judgments thanks to reciprocal treaties. The UK does have some teeth to collect student debts in the EU. This does not apply to you based on what you tell me, but is for information purposes.

Renouncing your US citizenship does not affect your loans or any US tax that you might owe. They are entirely distinct things. There are pros and cons to renouncing. Here is a good video from another source on the renunciation topic https://www.youtube.com/watch?v=UYjooV1eadw.

I do low cost consultations for people in your situation (student loan defaulters overseas/interested in international living renouncing US citizenship). You can contact me via private message here and we can set up a private discussion if you are interested. I am happy to answer general questions on here as well.

I left the United States and wrote a guide on the topic called How to Escape Student Debt by Leaving the USA, which is available on Kindle.  https://www.amazon.com/Escape-Student-Debt-Start-Abroad-ebook/dp/B079KHXSXZ

If she does not plan to return and live in the United States, then it is virtually impossible for the US government or student loan companies to do anything.  Of course, I still suggest taking precautions and not broadcasting one’s whereabouts, as I do know of some indiscreet people who broadcast their whereabouts and did hear from student loan providers. 
It is worth noting that the debt in the United States does not disappear or go away.  However, it is exceedingly difficult for any creditor to collect.  The UK and other countries have their own
credit scoring systems, so she will be able to apply for credit cards, mortgages, etc. 
The topic of renouncing US citizenship is a separate one.  I have decided to renounce, but it
has more to do with avoiding the exit tax and disconnecting myself from the US permanently.  I am happy to discuss this part of the question in more detail. 

I wrote a guide How to Escape Student Debt by Leaving the USA, which is available on Kindle https://www.amazon.com/Escape-Student-Debt-Start-Abroad-ebook/dp/B079KHXSXZ/ref=sr_1_1?crid=A3ZJXJI8X2VX&dchild=1&keywords=how+to+escape+student+debt+by+leaving+the+usa&qid=1615492691&sprefix=how+to+escape+student+%2Caps%2C259&sr=8-1. The short answer is that leaving the USA worked for me. I was able to save and invest the money that I would have devoted towards repaying debt, which helped me make immense financial progress in life.

Deciding where to go really depends on personal preferences and goals. I am happy to answer specific questions you might have.

Check out my book on Kindle, How to Escape Student Debt by Leaving the USA https://www.amazon.com/Escape-Student-Debt-Start-Abroad-ebook/dp/B079KHXSXZ/ref=sr_1_2?keywords=how+to+escape+student+debt&qid=1578773828&s=amazon-devices&sr=8-2. It is the only definitive guide on this topic.

If you stay in France and you do not plan to return to the US permanently to live, then you will be ok. However, you need to take the precautions that I recommend in the book, such as not providing your contact details to the lenders or post your whereabouts on Facebook. The US government cannot collect the debt effectively if you emigrate from the US.

You can visit the US anytime you want. I have been there three times this year and I obtained US passports for my children, so they inexplicably want to live there in the future.

I left ten years ago, in part, to avoid my debts. Starting fresh allowed me to save, invest, and become a USD millionaire. I earn extremely good money allowing my wife to stay at home with my children and I own a beautiful house.

Lastly, remove your co-signers. If they co-signed and you leave, then they are on the hook for the debt. Do not do this to them. You should be able to restructure the debt and remove the co-signers. Feel free to ask any questions.

^^^^AUTOMOD The following is a copy of the above post. This comment is a record of the above post as it was originally written, in case the post is deleted or edited. Read this before contacting the mod team

A similar post on this forum persuaded me to discuss the topic and try to dispel some misconceptions and ask the question of whether I am an A---. I left the US over a decade ago, in part, to escape my student loans. I wrote the only definitive guide on the topic How to Escape Student Debt by Leaving the USA, which is available on Kindle https://www.amazon.com/Escape-Student-Debt-Start-Abroad-ebook/dp/B079KHXSXZ/ref=sr_1_2?keywords=how+to+escape+student+debt&qid=1578773828&s=amazon-devices&sr=8-2.

I managed to graduate debt free from undergrad by living frugally and working full time. Unfortunately, I decided to go to law school and despite doing well, I dropped out after my first year. It simply was not right for me.

I certainly would not describe myself as proud of what I did, but I felt it was a necessity. By moving abroad, saving money, and investing it wisely, I became a USD millionaire. People do not realise the enormous power of compounding money when one is young and opportunity costs. If you stay in the US and become a debt slave, you make it more difficult to get ahead long term. I have a wonderful wife and two children, as well as a beautiful house. My quality of life is better than what I would have in the US.

I also ignore all the US tax-filing obligations because I despise the US government and I believe starving the beast is the best way to effectuate change. It is ironic that the US fought the War of 1812 against Great Britain, in part, because of the British practice of impressment, yet now the US effectively does the same to Americans abroad. The British state regarded its subjects as British even if they had immigrated to America and felt justified conscripting people into naval service. Citizenship based taxation is the exact same thing and the US government enjoys the dubious distinction along with Eritrea of taxing citizens who leave.

I can effectively ignore FATCA because I have other citizenships. I just fill out the paperwork stating that I am not a US citizen and provide my local documents, which is what the FATCA IGAs require. Imagine the US forcing banks in other countries to adhere to US law and require every person in the world who wants to open a bank account to declare whether or not he is a US citizen. I have not renounced because I refuse to pay the USD $2,350 renunciation fee. I am also able to travel in and out of the US without a problem and I have obtained US passports for my children if for some inexplicable reason they want to live there.

I am happy to hear from people including the comments filled with venom and opprobrium. I am also happy to answer questions from anyone who is thinking of doing this.

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I left the country for similar reasons. Feel free to check out my book discussing the topic of leaving the USA to escape student debts https://www.amazon.com/Escape-Student-Debt-Start-Abroad-ebook/dp/B079KHXSXZ/ref=sr_1_2?keywords=how+to+escape+student+debt&qid=1578773828&s=amazon-devices&sr=8-2. As far as I know, it is the only such book in existence. Feel free to ask any questions.

Hello. I am the author of How to Escape Student Debt by Leaving the USA, available on Kindle https://www.amazon.com/Escape-Student-Debt-Start-Abroad-ebook/dp/B079KHXSXZ/ref=sr_1_2?keywords=how+to+escape+student+debt&qid=1578773828&s=amazon-devices&sr=8-2. Your story thrills me because it shows how anyone can make a new life for himself outside the United States. Life is not easy and establishing oneself as an adult is hard. However, you flatten the curve and place yourself in a better position when you do not have gigantic student debts preventing you from establishing yourself. Well done!

Check out the book I wrote on the topic How to Leave the USA to Escape Student Debt https://www.amazon.com/Escape-Student-Debt-Start-Abroad-ebook/dp/B079KHXSXZ/ref=sr_1_2?keywords=how+to+escape+student+debt&qid=1578773828&s=amazon-devices&sr=8-2

https://www.amazon.com/Escape-Student-Debt-Start-Abroad-ebook/dp/B079KHXSXZ/ref=sr_1_2?keywords=how+to+escape+student+debt&qid=1578773828&s=amazon-devices&sr=8-2

Check out my book. The whole thing smells like a trap. If I were you, wait patiently until the Coronavirus hysteria abates and leave the US to return to Asia.

No one has troubled me after I left the US to escape student loans. I have even written a guide that discusses this topic in more detail https://www.amazon.com/Escape-Student-Debt-Start-Abroad-ebook/dp/B079KHXSXZ/ref=sr_1_2?keywords=how+to+escape+student+debt&qid=1578773828&s=amazon-devices&sr=8-2.