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<blockquote data-quote="Jerry85" data-source="post: 388081" data-attributes="member: 5324"><p>I agree with you completely that Swedish banks and credit card institutions will not put any time or financial resources to pursue a civil court procedure on a debtor that lives outside the Nordic countries when it comes to collecting private debts, because it's to complicated, expensive to hire lawyers and there is a lack of international coorporation between the OECD countries to collect private debts such as bank loans and credit card debts, because the execution laws for private debts are different between the Western countries. </p><p></p><p>As long as you don't have any major amounts of unpaid bank loans or credit card bills the likelihood that the bank or credit company will collect the debt by pursuing a civil court complaint is negligible. However when it comes to state debts there are international treaties and agreements that makes it possible for the tax authorities to corporate with each other internationally in order to collect tax debts, fee and penalties from debtors living abroad. </p><p></p><p>I personally moved from Sweden in the Summer 2020 and left behind almost 50.000 euro worth of debts. Most of the debts were student loans (30.000 euro) and the rest was mainly credit card debts. I can't disclose where I live now because of still being searched by the Swedish banks, but I can say that I live in a Central European country. I have been living here for three and a half years and I have NEVER received a letter from a Swedish bank neither a letter from a local debt collection agency in my country threatening taking me to court. </p><p></p><p>This goes to show that it is very easy to dodge paying your debts when you leave Sweden and move to a country outside the Nordic countries as long as you have student loans and private debts, because there aren't even a coorporation between the EU countries when it comes to collecting these debts from debtors moving between EU countries, even through you're settled in the country and have reported your address to the tax authority. </p><p></p><p>It's important to mention that I have never reported that to the Swedish Tax Agency (Skatteverket) that I left Sweden. It think that is the main reason why the Swedish banks and credit card companies are not chasing me abroad, because I haven't reported to the Tax Agency that I have left the country. They still believe that I'm physically living in the country when that's not the case. The Swedish Enforcement Authority (Kronofogden) can't do anything abroad. They can't seizure assets that are available in foreign bank accounts, apartments or houses, because they're only allowed by law to execute in Sweden. </p><p></p><p>In my opinion, as long as you don't have any state debts and you live outside the Nordic countries you don't need to worry about anything.</p></blockquote><p></p>
[QUOTE="Jerry85, post: 388081, member: 5324"] I agree with you completely that Swedish banks and credit card institutions will not put any time or financial resources to pursue a civil court procedure on a debtor that lives outside the Nordic countries when it comes to collecting private debts, because it's to complicated, expensive to hire lawyers and there is a lack of international coorporation between the OECD countries to collect private debts such as bank loans and credit card debts, because the execution laws for private debts are different between the Western countries. As long as you don't have any major amounts of unpaid bank loans or credit card bills the likelihood that the bank or credit company will collect the debt by pursuing a civil court complaint is negligible. However when it comes to state debts there are international treaties and agreements that makes it possible for the tax authorities to corporate with each other internationally in order to collect tax debts, fee and penalties from debtors living abroad. I personally moved from Sweden in the Summer 2020 and left behind almost 50.000 euro worth of debts. Most of the debts were student loans (30.000 euro) and the rest was mainly credit card debts. I can't disclose where I live now because of still being searched by the Swedish banks, but I can say that I live in a Central European country. I have been living here for three and a half years and I have NEVER received a letter from a Swedish bank neither a letter from a local debt collection agency in my country threatening taking me to court. This goes to show that it is very easy to dodge paying your debts when you leave Sweden and move to a country outside the Nordic countries as long as you have student loans and private debts, because there aren't even a coorporation between the EU countries when it comes to collecting these debts from debtors moving between EU countries, even through you're settled in the country and have reported your address to the tax authority. It's important to mention that I have never reported that to the Swedish Tax Agency (Skatteverket) that I left Sweden. It think that is the main reason why the Swedish banks and credit card companies are not chasing me abroad, because I haven't reported to the Tax Agency that I have left the country. They still believe that I'm physically living in the country when that's not the case. The Swedish Enforcement Authority (Kronofogden) can't do anything abroad. They can't seizure assets that are available in foreign bank accounts, apartments or houses, because they're only allowed by law to execute in Sweden. In my opinion, as long as you don't have any state debts and you live outside the Nordic countries you don't need to worry about anything. [/QUOTE]
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