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    borderjumpr's Avatar
    borderjumpr Posts: 2, Reputation: 1
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    #1

    Jul 21, 2011, 05:03 PM
    Bankruptcy
    I have dual citizenship. I live in canada, have credit card debt in the states, if I file bankruptcy on this debt, can the credit card companies come to collect in canada
    JudyKayTee's Avatar
    JudyKayTee Posts: 46,503, Reputation: 4600
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    #2

    Jul 21, 2011, 06:01 PM

    Yes, there is no borderline when it comes to unpaid credit cards.

    If you file in bankruptcy the debts are discharged.

    What are you asking?
    borderjumpr's Avatar
    borderjumpr Posts: 2, Reputation: 1
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    #3

    Jul 21, 2011, 08:02 PM
    Ok, I guess what I'm actually asking is this, if I file bankruptcy in the states, credit card debt, I have no assets in the states as I live here in canada where I have a job, own a home, etc. so when we file, in the states, do I have to lis tmy canadian assets or just the states stuff, which is nothing? Bottom line is, I want to eliminate the united states credit card debt as it will never get paid off in my lifetime but I really don't want the banks to come after my home here in canada
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
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    #4

    Jul 21, 2011, 08:09 PM

    When you file bankruptcy you have to list all assets no matter where they are at, and all debts, no matter where they are at.

    Your property and assets in Canada will be viewed to see if you qualify for bankruptcy according to the rules.
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