Debt

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

You have a lot of possibilities if you don’t know how to pay off collections. They are as follows: Each strategy has its own set of advantages and disadvantages. Find out more about each of them in the sections below. Bank Account Draft/ACH Many debt collectors will want information about your checking account so that

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

Under federal law, debt collectors are banned from making any false, fraudulent, or misleading representations in order to collect a debt. The Fair Debt Collection Practices Act is a federal law that prohibits this (FDCPA). Statements that are untrue. Debt collectors, for example, may not make misleading claims or imply that: Unless the law allows

If you don’t pay your credit card account on time, you’ll be charged late penalties, your interest rate will rise, and your credit score will suffer. If you keep missing payments, your card may be stopped, your debt may be transferred to a collection agency, and the debt collector may sue you and garnish your