More specifically, when someone takes out the highest loan amount from the bank that they can & then flees the country in order to not pay it back, what exactly happens in such cases?
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Nothing buddy. Source: have several family members/friends who have done it and fled to Dominican Republic (their birth country) some have even come back and nothing happens to them but a bad credit score. Only talking 30-80k here though. Can buy a nice house to retire out there with that though
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