I have run up a lot of bills here in the USA. I have a loan with a
bank (personal unsecured loan) for $10,000.  I am going to give them
back the car that I financed with them too - and will likely lose
money on that deal since I've owned the car just 3 months.

I have run up my credit cards and owe maybe 6,000.

I recently had the mother of my son run us through the administrative
system for child support when I could not keep paying temporarily the
$400 per month that we agreed on and which I've paid for 2 yrs.  Now I
will owe $700 per month they are telling me.

I went to college and got student loans all the way through my masters
degree. I owe 90+ thousand there.  I am not in default there yet.

If i move to another country - what are the chances that the US court
system will pursue me - or that someone will pursue me overseas to
asia if I leave soon?

And, if they would pursue me...  could they extradite me for something like this? 

If I remain here I will declare bankruptcy and probably enter a mental
home because of the stress of not being able to pay everything.  So
I'm thinking (knowing) that my better option is to get out and hope
that things calm down in 10 yrs or so.

I will continue to either send money to my ex for my son - or save
money in an account for him until he grows up and can decide if he
will give the money to his mom or if he would like to use it for
himself.

I have a condo that I have about 28,000 in equity in if I sold it -
and it is on the market and I'm hoping for a quick sale.  If it does
not sell quickly I am sure that someone will sue me for a lien on it. 
Approximately how long does that process take?

Pretty extensive huh?

Do you have income?  From a job?

The child support is your biggest legal concern.  Failure to repay the
other bills is not a crime, but you become wanted by the law when you
fall behind on the child support.

Go see a bankruptcy attorney.  Mention very early in the conversation
that you have the $28K equity in the condo - and the attorney will see
a paycheck in his/her future.  And if you are going to lose that $28K,
it might as well be spent at least in part toward your legal defense.

It doesn't look like there are treaties with Asian countries for child
support extradition.
http://travel.state.gov/law/child_support.html

But remember that if you are sending money, then there is a way to
find you.  If someone wants you badly enough, they will hire a private
entity to find you.  And in such a case, it might be much healthier
for you to have been caught by the police.

Ok - so no concerns about the $ issues.  I pretty much thought that. 
However, yes, the child support - is going to get me so to speak.

I wanted to continue paying to some degree while I'm abroad, but, you
are correct - they will find me if I pay.  But, they will find me
anyway.  There are many many ways to track me - the easiest of which
would be keep bothering my family until someone cracks (back here
stateside).  Sprint asked me to verify some personal info one time in
regards to the possibility of my account having been stolen.  They
knew my brothers name, sister's name, and even my first wife's name
from 19 yrs ago.  They'll find me - absolutely.  And yes, I know about
the extradition between countries and the couple that I plan on living
in do not have any present agreement with the USA for child support
reasons - which is some comfort.

I'm very concerned about doing any jailtime at any point in my life. 
My financial worries are many - and hopefully I will never have to
worry about jailtime!  Don't think I could handle that.

Oh - and what did you mean by:

"If someone wants you badly enough, they will hire a private
entity to find you.  And in such a case, it might be much healthier
for you to have been caught by the police."



Thanks for your comment.

Vern

I mean that if you skipped out on the child support, maybe mom would
meet a new man who is the vengeful type and would seek to punish you
to impress her.  He could have you beaten up or worse.  It's just
something to consider.  Good luck to you.

I answered this once before, but my answer was rejected because I
offered you my email address to ask further questions and it was
cancelled.  Here it is in a nutshell.

This assumes you will be gone for over 7 years:

Your student loan will last forever if it is federally funded in any
way.  You probably already know this, but though it will last forever,
they will help you get back on track on a payment plan after you
return.

Your child support can be paid via auto pay using a billpay service
like BankofAmerica.Com has.  That way you can continue to pay without
anyone knowing where you are.  Besides, I think Bank of America
prefers you use paperless statementing anyway.  To further hide, you
can put money in one bank and have them either auto pay your bank of
america account, or you can have bank of america auto debit the
account you put money into.  Get it?

Your car is either upside down or void of equity - most are till
payoff.  Leave it at the airport on your way out to avoid paying a cab
fare.  The longer you dont pay them prior to that point, the better
off you are.

The condo:  it has equity and needs to be sold at any cost, though I
hope you are trying to sell it yourself first rather than using an
agent first.  Agents fees come out at the end and can cost you 7+%
plus closing costs, etc.

The rest of your debts, credit cards and other unsecure debts, 2nd
mortgages, home equity loans, even first mortgages all are listed on
your credit.  After 7 years with no activity they will drop off, and
if they don't you can write and demand that they delist them.  Even if
you still "owe" them, they will still fall off your credit after 7
years with no activity (payments or charges).

People who file bankruptcy in the U.S. are doing so because they are
asking the courts for releif from creditors, releif from debt, releif
from overburden, and they need it right now.  They don't care what
there credit looks like, and they don't care that their credit files
will have a "Bankruptcy" on them for the next TEN!!!!!! years.

They point - Bankruptcy stays on the credit file 10 years, bad debts
that are not touched (paid) are on the credit file 7 years.  Which
would you rather come back to in 7+ years when you return from Asia? 
A credit file where all of your accounts are listed as "included in
bankruptcy" or all fallen off?

As for hiding from your creditors - anyone can get a non-published
phone number and a post office box.  Anyone can deceive creditors by
going to a mortgage company web site and applying for a loan with a
different address other than there own.  And anyone can get a portable
phone number through a VoIP service for pennies over what the current
phone companies charge.  Anyone can use "Mail Boxes Etc." to get there
mail so they "look" like they have a "real" address, rather than just
a P.O.Box.

Good Luck

And the only one to worry about when it comes to the law is the child
support.  The rest is just credit.  Chill out.