what’s the worst they can do?

So, I see that I can have my wages garnished, my income tax return taken, be harrassed and be potentially sued.  Sure, but can they jail me?  There's no debtor's prison, right?  If I get sued and don't show up, could I be jailed for that?  Can they take me to court if they can't find me?  I've just gone into default, it was sent to Nordon. They want a huge amount, don't have it. 

Here are my concerns: 

-renting an apartment

-crossing the border

-buying land

-my debt impinging on potential future wife/commonlaw partner

Are any of these a problem?

Hi Poly

Nice to hear from you.
I was wondering if you married a rich man and left the country.

 

 Debto's prison was abolished in the fifdties - or sixties from what I gather.

 Renting an apartment may require a credit check. It depends on the residential group you are applying to. If you wish to cross the border, this will not restrain you from doing so. If you wish to buy land, I do not see them placing a lien against it unless it is owned free and clear. I don't think it will be an issue. If you owe CCRA tax debt, then that would be different.

Now, the only way that the debt issue will impinge on you and your future partner is if you both let it. Become aware, that's all. Know what your options are and research them well. Don't fall victim to programs that will be of no benefit to you in the event that you feel the need to seek help.

 

Hey as long as you are happy poly, that's the main thing.

I wish you all the best.
You deserve it.

thanks everyone for the replies.  I'm really glad this website is here, takes some of the worry away.  That's the worst thing -the unknown.  I heard that $10/month is the legal amount to keep them off of you.  But I have 4 different loans (had the '99 loans and then after than with the switch.  I'm in Ontario), and now that two of them have gone to NorDom I imagine those have been split up further.  So would I have to be paying at least $40/month, more if they've been split?  $40 a month...hmm, nope, don't have it.  I didn't actually finish my degree, so that's pretty much useless to me. So were the classes (poli sci and philosophy at Carleton -crappy!). My philosophy dept has the highest default rate of any program in ontario.  Wish I knew that going in.  Anyway, I'm heading out west to apprentice in welding/machining/CAD for custom bicycle frame building, so I'll eventually get my papers and have some actual skills.  Then I might be able to actually pay down some of these loans.  I owe just under $20,000, and the want(ed) $200/month for eleven years, then $100/month for three more years.  Sorry, not possible. 

Can they take your IR to cover defaulted OSLs? thx.

 

 What this may be is the "Cure" or Early-out" program where the bank assigns the account(s) to recover the payments and interest that is only in arrears. The agencies that are part of this program only house the accounts for 6 months or so and if they do ot recovery the "risk" amount, or the "past due monies", then the account goes back to the lender and then assigned for "full" collection. This is the best way to describe it in Layman's terms.

 If this was not the case, then the collector may be trying to  recommend the accounts be closed and then be sent to another agency. Usually, they cannot be closed until a certain time has lapsed. How long has Snore-Don had the accounts?

 

your sanity and well being are the most important things.

the collection agency and the bank are not going to close if you dont give them any money right now.

do it on your own terms when you can afford it.  and if you cant afford it, they will have to make due without it.

I'm probably not the best person to answer that...I had been paying $400 a month into a consumer proposal -- first with wages with my job, then with EI benefits since January -- for the past two and a half years until I jumped the pond. Thus EI was cut off, and I can't work until my residence permit has been granted; that can take six months.

When I realized that one of the consequences of moving would be defaulting on the consumer proposal, I contacted Johnny. He's helping me with my happily ever after...

Was I being irresponsible? Well...I was living with my parents (because of the freaking student loans) and my teenaged son in a relatively economically depressed city. I couldn't find work in my field without moving within Canada anyways, which costs money. The consumer proposal would have gone belly up anyways, as I struggled to save up moving money, first and last month's rent, deposits, furniture...yadda. And if I didn't move...my EI was running out in December anyways, so the CP would still default. So, with my son going away for school, I decided to follow my heart and move in with my sweetie in Europe. Live your life first, as Johnny says.

I don't think the provincial evil ones can touch you. It's different for the federal evil ones, I believe -- Johnny can elaborate upon that.

There are a lot of members here who live in other countries...they could probably answer your questions!

Poly

hunter2

i am not sure how it works - someone else on this site told me that there would be a "see also"  at the bottom of our credit reports siting the other spouse.  remember, the credit bureaus are notoriously slow ( up to 90 days behind) in posting information and updates.  maybe it depends which bureau you are dealing with (?). 

another possibility - though again i have no realy idea how it works and am terrified to pull my report to check - it may only reference you if you have any joint debts or accounts.  again, i rally dont' know how it all works.

my sl's are still in my maiden name as are any credit cards i had prior to our wedding.  heck it took me two years to get around to changing my drivers license and health card.

the referral would just be your name or sin number i believe, no actual record of your debts or your credit rating should appear on his.  i am going to be without a phone (adn my computer) for most of the week, otherwise i would try and dig up the info for you (and myself). 

hopefully one of our members will know the answer and post it for us !