Overseas Credit Card Debt Collection
Hi!
I have a credit debt (around CAD8,000) from when I lived/worked in Singapore and I have now returned to Canada. Can they come after me in Canada for the outstanding amount and do you think they would take any legal action to collect this amount. The only thing they've done so far is send me emails and mail me monthly statements. The debt has been outstanding since 2003.
Also, can this outstanding debt affect my credit rating here in Canada?
Any advice on this matter would be most appreciated!
Thanks so much!