I was thinking...If I built up my credit scores for 10 or so years then decided to get like 15 or so Credit Cards and max them out...

Then fly to Mexico or the Philippines and live it large for a couple of years then come back to the US.

When does the Statute of Limitations Run out? I live in SC...I think it varies by state.

Not saying I would do it but...it is a thought. Thanks any info.

Don't Torch me! ha

10 (for SC) Years for Statute of Limitations. Good luck.

OP is talking ten years from now --- if he was talking about next week and could post some pictures ....

if you're not charged criminally for conspiracy to defraud, fraud, theft, etc...

you probably have a problem for 20-25 years.

figure a couple of years of them screwing around, another year or two for them to sue you... get a judgment good for 10 years... then they renew it for another 10.

germanpope said:OP is talking ten years from now --- if he was talking about next week and could post some pictures ....

ooooh, the pope wants to see a young, naive, possible boy's pics? how scandalous

anyway, you could live like a king in a 3rd world country for about 20k, right?

How could they go after you criminally? it is just credit card debt!

It's also fraud.

How is this any different from all the Bozos getting ARM mort. and not being able to pay them back. They are irresponsible and should be prosecuted for being morons. That will never happen though.

Being unable to pay and having the bank take your home and planning to defraud the bank of money and leave the country are very different things.

It was just a thought. I am talking about 500k!

500k is a tiny amount of money in exchange for 10-20 years of your life. Get a good education and have common sense and you'll make much more than that in that time frame.

jacobhorne said:It was just a thought. I am talking about 500k! some people have done AOR with this amount. I guess they should be prosecuted if they mess up?!?

Hahahaha...right, that's the same. Perhaps you should review the word intent.

You had a good point in your OP...up until the first ellipsis.

jacobhorne said:Funny guys and gals...

What about this plan:

I sell all assets and never come back to the US. I permanently live in another country that does not extradite.

How bout that one?

Would you still post on FatWallet Finance?

RichFish: I am just entertaining an idea!

I am not packing my bags tomorrow. Listen, I will have a house, property, etc. in 10 years... I am not sure about the country yet I am sure their are tons of countries that do not extradite.

"Afghanistan, Algeria, Angola, Bahrain, Bangladesh, Benin, Bhutan,
Botswana, Brunei, Burkina Faso, Burundi, Cambodia, Cameroon, Cape
Verde, Central African Republic, Chad, China, Comoros, Djibouti,
Equatorial Guinea, Ethiopia, Gabon, Guinea, Guinea Bissau, Indonesia,
Iran, Ivory Coast, Jordan, Kuwait, Laos, Lebanon, Libya, Madagascar,
Mali, Maldives, Mauritania, Mongolia, Morocco, Mozambique, Nepal,
Niger, Oman, Philippines, Qatar, Rwanda, Samoa, Sao Tome e Principe,
Saudi Arabia, Senegal, Somalia, Sudan, Syria, Togo, Tunisia, Uganda,
USSR, United Arab Emirates, Vanuatu, Vietnam, Yemen, Yemen South,
Zaire & Zimbabwe" - from yahoo answers

All of these..... Philippines might be nice (would only have to borrow 300k)

I was just wondering if this was possible... You ppl act like this is for real...

Calm down Fatwallet people. lol.

arkleseizure Do u have a life?

answer = no

just don't post if you think this is absurdly stupid. very simple.

Hope you feel good with your stabs...merry Christmas I am glad I entertain you.

I have morals and this is not moral! I understand that. I was just wondering!!!

Just like the person who thought up AOR....