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You live in Canada now and have a credit card from the US that you am not able to pay anymore what can you do What happens If you stop paying you owe 5000 and am not able to work yet in Canada?
Wiki User
∙ 19y ago
Pertaining to the issue of personal debt, civil courts do not have jurisdiction to operate outside of the U.S. Which means the person would not be pursued for repayment via the Canadian judicial system. If however, the person left property in the U.S. it can be seized and possibly liquidated to repay outstanding debt(s).
Wiki User
∙ 19y ago
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What happens when paying off an equity line of credit?
Nothing happens when you pay of an equity line of credit. The equity that you used for your line of credit is now safe.
How would a person know credit score?
A credit score is obtained by information in your credit history. It tells a lending institution how dependable you can be for paying back debt. Credit scores range from 1 to 9, and you do have the right to know what is written in your credit history. In Canada, you do this by contacting one of Canada's credit bureaus (either TransUnion Canada or Equifax Canada).
What happens if you never paying credit card debt?
You are likely to have your wages garnished. Your credit cards will be cancelled and liens may be placed on property.
Can the vanquis bank help you with your credit score?
Any bank can help you with your credit score. However it is ultimately up to you what happens to your credit score. Paying bills on time is most important.
What happens if you stop paying on a credit card?
they will add a late fee to your bill, try and contact you, eventually lower your credit limit, and have a collecting agency contact you
What happens when paying off an equity line of credit?
Nothing happens when you pay of an equity line of credit. The equity that you used for your line of credit is now safe.
How would a person know credit score?
A credit score is obtained by information in your credit history. It tells a lending institution how dependable you can be for paying back debt. Credit scores range from 1 to 9, and you do have the right to know what is written in your credit history. In Canada, you do this by contacting one of Canada's credit bureaus (either TransUnion Canada or Equifax Canada).
What happens if you leave Australia without paying your credit cards can i still apply for a visa?
no
What happens if you leave Australia and move to Europe without paying your credit card bill?
you die!
What happens if you never paying credit card debt?
You are likely to have your wages garnished. Your credit cards will be cancelled and liens may be placed on property.
Can the vanquis bank help you with your credit score?
Any bank can help you with your credit score. However it is ultimately up to you what happens to your credit score. Paying bills on time is most important.
What happens if you stop paying on a credit card?
they will add a late fee to your bill, try and contact you, eventually lower your credit limit, and have a collecting agency contact you
What happens if you are a cosigner on a house that is being foreclosed on?
The foreclosure will affect your credit record. You are fully responsible for paying the loan.
What happens if someone stops paying their credit card bill?
If someone stops paying their credit card bill, the account will go into collections. Additional fees and interests will be added to the account. Based on the amount owed on the credit card bill, the lender may file suit.
What happens if you stop paying your credit card bill?
your credit will be screwed... and it will take a long time to get good credit agian.. your credit will be screwed... and it will take a long time to get good credit agian.. your credit will be screwed... and it will take a long time to get good credit agian..
how can i get help paying my credit cards and hospital bills?
help paying credit cards
How long does it take a new immigrant to get credit in Canada?
== == As a new comer to Canada, you will NOT be able to borrow, or have any credit cards for at least 3 years after arriving. You are considered to be like a newborn baby, with NO CREDIT history in Canada. It will take at least 3 years of continual employment, plus a record of paying your monthly bills with no problems, before you begin to be allowed to have credit extended to you.
