No they can't.
However, if the debts with a lending institutions/bank which also do business within the country they now live, they will have a very difficult time establishing a new lince of credit.
Also, the debtor can still be sued in the country in which the debt was made and the creditor can "hold" the judgment award for the length of time allowed under the law, or execute it against property that may still belong to the absentee debtor.
No they won't.
Unless you lived and built a credit record in Canada, there is no reason to get your credit score from the country. If you lived in Canada and have since moved from the country, you may still acquire your Canadian credit information through the online sites of the major Canadian credit reporting bureaus.
they moved to the next place. the next country with the biggest flame
they moved to the next place. the next country with the biggest flame
He moved form Prussia to Germany to further his education and then later to work as a professor.
The movement of people between countries is migration. People who do this are called migrants. If people have moved countries through necessity, i.e. famine, war, persecution, then they become refugees in the country they have moved to.
Most credit card issuers have moved to a monthly minimum payment due of 4% of the outstanding balance. For a $50,000 balance this would equate to $2,000. Some issuers only require 2% or 3% minimum payments, which would equate to $1,000 or $1,500, respectively. You would need to check with your credit card issuer to determine their particular minimum payment requirements. Check out CreditCards.com/calculators.php to look at different scenarios.
Well I don't think that they purposefully came to the US but someone brought some with them because they didn't wanted to leave them in their home country when they moved to another country.
It depends! Let's face it any time potential creditors find out that you have stiffed previous creditors, those creditors don't care if the creditors were foreign or not. Generally speaking if you leave the country you will probably be able to walk away from your debts here because those debts are tracked by the credit bureaus through the social security number. If you leave the country those creditors will continually look for you here, see if you pop up somewhere to work, or purchase property. Once you leave you're outside the system, but if you wave a flag from across the border, they WILL come after you if its worth their while and never forget, if its enough money they will find you. If you're a dual citizen you're more likely to get away with it. If you're not and you emigrate, you're not likely to get away with it because when you apply for a visa generally the host country will want to check up on you and might even run a credit check on you which actually DOES appear on your credit report here. So when your creditors come and look for you they will see that 'such and such' country ran a credit check on you and know where you are..... Good luck
Yes. You've moved the debt from one account to another, so the first account would recognize the transfer as a payment and the second account would treat it as a new debt.
Positive effects would be that they like the new country very well. Negative effects would be that they don't like it, or they cannot leave, like if they moved from Australia to Cuba, or they tell family member or friends, and they tell others and more and more people move from a country to a different country, and it causes over-population.
The largest.