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We Are Moving Out of America. Can We Just Leave Our Student Loans Behind? – Anouck

“Dear Steve, I’m a Dutch citizen, my husband is a US citizen. He has federal student loans on his own (approx. $20K), and I co-signed for his private student loan with Sallie Mae (aka The Devil) for about $40K. We have filed for Chapter 13 and are currently not making payments. We are planning on … Read more

I’m a Dutch Citizen and Traveling to the UK. Will I Be Arrested for Old Debts? – Debby

“Hello, My situation is as follows: I have lived in the UK for around 2 years a few years back and when I left I also left a few different debts: 1) around 250 pounds of council tax 2) 175 overdraft at Lloyds 3) I do not know for sure but it might be possible … Read more

CPA Pleads Guilty In Connection With $670 Million Fraud Scheme

Certified public accountant (CPA) and alleged outside auditor for Provident Capital Indemnity (PCI), Jorge Luis Castillo, plead guilty last week for his role in a $670 million fraud scheme effecting victims across the country and abroad. Castillo plead guilty to conspiring to commit mail and wire fraud, which carries a maximum penalty of 20 years … Read more

In the Netherlands, Banks Bid For Your Business

Instead of researching which bank offers the highest interest rate, Dutch consumers can now put their money up for auction, getting banks to bid on their savings. After registering with new online facilitator Spaarbod, consumers state how much money they’d like to put aside, for how long and on which terms. The website automatically calculates … Read more

American’s Stranded in the Netherlands Because of Debt to Texas Bank

The 64-year-old ship captain and his crew, whose vessel has been stranded in the Netherlands for months due to a financial obligation gone awry between his employer and a local bank. It all started July 25 when a tugboat, the Alois, based in Orange, Texas, had been towing ship hulls from Romania, said Salem, who … Read more