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former US resident alien/Canadian returning to Canada

Wednesday, April 25, 2007
former US resident alien/Canadian returning to Canada
Due to loss of employments in the US (4 states in the last 8 years)due to circumstances beyond his control, a Canadian citizen came back to Canada to accept an employment after 8 years of being a permanent resident of the US. His unfortunate situation needless to say cause him to be insolvent on both sides of the border. He had left leaving behind almost $35,000.00US in credit card and line of credit debts and another$70,000Cdn.w/c he is unable to repay with his insufficient employment income. His last placeof residence is Georgia. Pls. advise.
Answer

I am not a Bankrutpcy attorney but I suggest you have a real good look at Chapter 7 in states if you want to get back in shape there and a Consumer proposal in Canada. either way you will likely have to put an legal end to your debts in both places and start over.

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