Debt Consolidation
Debt Consolidation Credit Counseling Bankruptcy
Bookmark & Share this page
Personal Finances
Home
Financial Health Check
Types of Debt
Credit Report and Credit Score
Can you fix your finances yourself?
Ask a Question
Free Bankruptcy Evaluation
Bankruptcy America Online Bankruptcy Support Group
Debt Consolidation
Introduction
Loan Qualification Calculator
Blog - Postings
More about Debt Consolidation
Services - How to Choose
Services - How to Find
FAQ
Credit Counseling
Introduction
DMP Qualification Calculator
Blog - Postings
More about Credit Counseling
Agency - How to Choose
FAQ
Bankruptcy
Introduction
Chapter 7 Qualification
Blog - Postings
More about Bankruptcy
Chapter 13 Bankruptcy
Chapter 7 Bankruptcy
Lawyer - How to Choose
Lawyer - How to Find
FAQ
Related Information
Financial Help Outside the US
Related Articles
Useful Links
Previous Articles
Topics
Archives
Site Feed
RSS Site Feed
Comments RSS

Bankruptcy if not a US resident

I have been working in the US for the past 6 years and have been
denied permanent residency status because terms of my employment
has changed. I was forced to leave the US. I am now facing no, or
little income and debt of 50,000 US and debt of 100,000 in Canada.
I am planning to declare bankruptcy in Canada. What are my US
options and ramifications.
thank you

I am not an attorney but I feel.

Likely your unsecured debt will complile till it goes to collections and they ultimately find out you have left, and right it off because you are not responding. Your secured debt will be repossessed and disposed of. You will have incinerated your US credit rating. You could file for us Bankruptcy but why? unless you are intending to return and work in US and need credit again.
But, as far as I know entry to the US in later visits will not be effected from a Homeland security stand point.

Leave a Reply

You must be logged in to post a comment.