Will USA debt follow me to Canada?

[scylla]

I apologize, I just found the proper term - "Citizenship by descent". Does the settlement funds requirement apply in this case?

No - it doesn't apply.

I'm assuming you have a parent who was born in Canada if you are asking about this.

 

[CSmith0415]

Yes, my mother was living in the US (married) when I was born. She was born in Canada.

Ty for your help btw

 

[asmita_k]

Hey everyone,

Quick financial breakdown of debts:

• Federal Student Loans
  • 24k+ Subsidized
  • 43k+ Unsubsidized
• Private Loans
  • 36k+ w/ Cosigner
  • 70k+ w/ Cosigner
  • 4.5k+
• CreditCards (while I was in school)
  • 4.7k+
  • 4k+
  • 1.5k+
  • 2.5k+

Background: Started from a poor family and wanted to make a life for myself. Got caught up in the hype with private schools here in the US and took a risk. I earned my bachelor's degree but now have a huge mountain of debt. I literally am just one major hospital visit away from not being able to afford much of anything.

I've been wanting to leave the US for years now, just recently did I find out that Canada would be a great option. (Specifically, I've been looking at the Nova Soctia area)

However, I am concerned, I know that I will likely make less than I do here in the US and I am current on all my bills. Should something happen, or if I can no longer afford them, could either the private/credit-card lenders or the US Gov't come bang down my door in Canada and haul me back to the US? I have every intention to continue paying them, but only if I can. I don't want to end up not being able to afford basic needs just to pay off debts from another country.

Should I consider perhaps declaring bankruptcy if I do make it into Canada to protect me from future suits?

I've had a few suggest to just forget about them but never plan to live back in the United States for a while to be realistic since Canada does not care that much about them.

Anyone else gone through this before?

hi i know its been so long and i am in similar situation like yours. i moved to canada from US and it seem like i wont be able to pay for my credit card starting this month and i have aroun 11k debt. how can i get rid of it, can i file bank ruptcy? i called my bank but they cannot lower my interest rate and i barely makes money here to pay even the minimum payment of my card. i could have just ignored it but i dont want to have a criminal background which would affect for my PR application here at canada. can you please guide me????