Can American credit card companies also garnish my salary or reposses my property in Canada for non-payments?
2006-06-26 09:32:18 · 6 answers · asked by Bilal 1 in Business & Finance ➔ Credit
if they know where you are they can treat you the same as if you were in the US
your credit rating is still going to follow you though
2006-06-26 14:10:16 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Studly is right to some aspect.
However, all the Collections Agency of Creditor has to do once they find you is forward the account to a Lawyer or Collections Agency in Canada and then they can start the Lawsuit against you and enforce the judgment. And if he amount is in the "thousands" like you claim, I would lay money on them doing just that. I am a Bill Collector and I have Attorney's all over the worked that work for us. All we have to do is Send them the paperwork and they will file the suit. If the contract states venue, then you are really screwed. For a price, an American Judgment can be Transcribed in to certain parts of Canada. I have done many a time.
Your theory has many holes in it.
2006-06-27 07:13:54 · answer #2 · answered by icsowesmemoney 3 · 0⤊ 0⤋
Before your creditor can sue you, they must first locate you and serve you with a summons to appear in court.
If they find you, you can be served in Canada. If you don't come back and appear in court, the creditor will get a default judgement.
Collecting after that is their problem. Court orders from the US are not enforcable in Canada.
Unless they can prove this was fraud, they can not press criminal charges. So the comment about extriditing you from Canada is stupid.
2006-06-27 04:23:19 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Dude...a thousand? And, (shudder) CANADA? Just kidding on both parts. But seriously, if you're going to rack up the $ and flee the country I'd suggest a warmer climate and something closer to a million dollars. (Sheesh!)
PS. They can extradite you for many things.
2006-06-26 09:37:33 · answer #4 · answered by Anonymous · 0⤊ 0⤋
My mom's friend "cashed out" all of her credit cards and moved to Canada. I don't think they've located her but she can't ever come back to the U.S. and try to get anything w/o clearing that up. And guess who wants to move back to the good ol' U.S.of A? LOL!!!
2006-06-26 09:37:06 · answer #5 · answered by Karma Eve 5 · 0⤊ 0⤋
good luck with that, move to a warmer place,
2006-06-26 09:59:46 · answer #6 · answered by noms 3 · 0⤊ 0⤋