Ask Experts Questions for FREE Help !
Ask
    Lola04's Avatar
    Lola04 Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Jan 25, 2011, 05:07 AM
    Debt
    I am a canadian living in europe. I owe a big sum of money to a canadian bank(credit card) which I am unable to pay now; I am unemployed. I was wondering if the collectors could catch me here in Europe? I won't be back to canada for the next six years, can debt statute of limitaions apply to me?
    excon's Avatar
    excon Posts: 21,482, Reputation: 2992
    Uber Member
    		  
    #2

    Jan 25, 2011, 06:41 AM

    Hello l:

    You can hide, but they can sue you WITHOUT you being there, and your accounts in Europe CAN be seized.

    excon
Not your question? Ask your question View similar questions
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Is credit card debt open account debt or a written agreement debt? [ 16 Answers ]

I am currently fighting a credit card debt action filed against me by Unifund. The issue is whether credit card debt is open account debt subject to 3 year SOL in the State of Washington or a written agreement debt subject to 6 years. I asked the same question on another forum and received an...

A company issues long term debt on 1/1/08. Debt has face value of $300k and annual st [ 1 Answers ]

a company issues long term debt on 1/1/08. Debt has face value of $300k and annual stated interest rate of 10%. Debt matures 1/1/2013 assume debg agreement rquires company to make annual interest payment every Jan 1st. What is a timeline indicating the timing and magnitude of future cash outflows...

DEBT! What should I do debt consolidation,debt settlement bankruptcy (kind of long) [ 8 Answers ]

Hello to everyone :) I've been reding on here and seen the great questions asked and answered, and thought I'd ask a few questions. Ok so here is my situation, I have total about 35k worth the credit card debt (3 cards, amex 20k, visa 5k and another visa 10K), a 12k car loan and a house in WA....

View more questions Search