If a person defaults, the debt stays on their credit report in the US for (I think...) seven years. This can have various consequences depending on the new hom

If a person defaults, the debt stays on their credit report in the US for (I think...) seven years. This can have various consequences depending on the new home country and its agreements with the US - from credit issues and possible legal action, to absolutely no consequences at all. Obviously if the person moves back to the US, they'll likely be chased by debt collectors and possibly the IRS.