Am I in trouble? Need advice.

[JRScott]

From his original post it seems he might own some property.

[CindyLou]

There is no debtors jail. Debts are civil, not criminal. Your BK case will be a complicated one.

As far as the IRS, as long as you have previously paid taxes on that money and can prove where it came from, then the reporting will just be a formality. You didn't do anything wrong by withdrawing the money. Just don't attempt to hide it before filing bk, that could bite you in the butt.

Also, you might want to check the cash carrying limits between countries. They can confiscate money over certain amounts.

Depending on which state you are moving to, some of that cash may be able to be exempted. I'm sure you are going to blow through quite a bit of it just moving back to the US anyway.

[glebus]

Actually, if you are not yet naturalized, you will have problems coming back to the US on your green card, since you are not allowed to be absent from here for more than 6 months. I would think that based on the fact that you took cash from credit cards before you left, and you do not own any property here in the US, you would be charged with fraud. If convicted, you would also be deported.

I got my citizenship back in April. Say, if I go back and make attempts to repay, can I be charged with fraud and convicted? Or will I be charged if I file for bankruptcy or just charged by credit card companies? And what they can convict me to? Thanks.

[glebus]

I am still confused. Can anyone reply, please? I do need to go back and start repaying, but I am scared about possibility of charging me with cc fraud and jail time. Any thoughts? thank you.

[JRScott]

If you go back and attempt to repay the loans I don't see how they could claim fraud.

If you filed bankruptcy and haven't made any payments at all on the cards then it is possible they will object. I'm not sure you would be charged with fraud, it would depend on the strength of your argument and your presentation of the facts. It is something you'd need a lawyer to really go over and check things out more thoroughly than we can on these forums. If you attempt to make some payments though prior to filing, say 3-4 months worth, I don't think you'd be charged with fraud. However you might need to make an accounting for where the money went and any large cash reserves most likely will have to be surrendered.

[glebus]

Thanks to everybody. From all of this i figure i really need a lawyer.

[hamim16]

Every year, the IRS tries to find residents who have moved and never received their check. You really need a lawyer to consult about this matter. Because IRS is strict. I'm not sure you would be charged with fraud, depend on your argument and your presentation of the facts.

[scorpion35]

I am still confused. Can anyone reply, please? I do need to go back and start repaying, but I am scared about possibility of charging me with cc fraud and jail time. Any thoughts? thank you.

2 year old post

[Lockeout]

2 year old post

Admins, PLEASE bring back datestamps!