Debt

You can’t go to jail today for not paying a “civil debt,” such as a credit card, loan, or medical bill. If you don’t pay your taxes or child support, you may be sentenced to prison. The use of prison to punish destitute criminal defendants who fail to pay court costs and fines as part […]

Is there a quick answer? As an immigrant to the United States, you cannot be deported for debt. However, debt can harm you in other ways. Here’s all you need to know about how debt affects your new life in America – and your immigration status. Can you financially emigrate if you have debt? Yes,

With the recent election results in the United States, there has been a lot of chatter about people coming up here to the Great White North for some poutine rather than staying in the United States. On election night, Canada’s immigration website even crashed owing to a rush in traffic! If you’ve set your sights

If you have named a beneficiary in your will for the property, they will inherit it when you pass away. They will also inherit any debts associated with it. As a result, if you haven’t paid off your mortgage, the beneficiary will be responsible for it. In Australia, mortgage debt is common, with an average

Depending on state law, survivors who aren’t spouses may be liable for certain debts, although they normally aren’t unless they co-signed for the loan or sought for credit with the person who died. Does your parents debt go to you when they die? Losing a loved one is a particularly tough experience. While money is

However, it is a prevalent misunderstanding that paying off debt immediately and completely improves your credit score. It’s true that paying off revolving debt, such as credit card balances, improves your credit score by lowering your credit utilization rate. Closing certain lines of credit, on the other hand, can temporarily lower your credit score. Paying

Will the military be able to help you pay off your college loans? Yes, but not for husbands and wives. Unfortunately, spouses of service personnel are not eligible for military student loan forgiveness. Your best choice is to take use of the military’s spouse employment assistance program to find work and begin paying off your

The majority of people have a secured loan, such as a mortgage or a car loan. In Chapter 7 bankruptcy, these debts, known as secured debts, can be challenging. Even if the secured debt is wiped out (discharged)—as it frequently is—the creditor retains the ability to repossess the property if you fail to pay (default

If you leave, you risk delaying your departure or potentially facing legal charges, as well as being listed as an absconder in immigration records. When you leave the UAE, your bank has the authority to demand prompt and complete payment of your debts. What happens if you leave UAE without paying off debt? A travel

Fines that have not been paid may prevent you from leaving New Zealand. You may be denied entry to any New Zealand international airport if you owe outstanding fines or reparations. So pay what you owe right away, and you’ll be able to travel like everyone else. Can you leave NZ with unpaid fines? If