What happens to unpaid debts acquired in one country when moving to another country?
I am a canadian citizen residing in the US. Before moving here, I had a lot of debts. I was, at the moment going to school by correspondance and was getting student loans. I figured I would be able to pay my debts with the loans, but for unrelated reasons I got kicked out of school and lost my student loans.
Now, I am curently married to an american, and living in the US. I do not currently have my citizenship because we cannot afford it at the moment. I tried to get in contact with creditors and pay a little bit, but I soon ran out of money.
Noone currently has the adress I live at and I am making sure to keep it this way.
What are the repercutions of me not living in Canada anymore, as far as the debts go? What can creditors do if they do figure out where I reside.
The debts were mostly, a bill for electronics, credit card and student loans.
Thank you!
While collection activity can (and probably will) continue, however, if the canadian version of a judgment is obtained, I seriously doubt that it will cross over to the US successfully.
This, however, is not the end. While right now you may not be considering returning to Canada, it is quite possible that you may have to return for any number of reasons (personal, financial, employment, or family). when you do, you might find these debts and their ramifications waiting for you there.
based upon that, I would recommend that you reach out to these creditors and work something out with them.
