Effect of UK Credit Rating now that I'm here in Canada?
#16
Re: Effect of UK Credit Rating now that I'm here in Canada?
In theory, there is nothing stopping residents from most countries enforcing judgments in other jurisdictions. Where there is not a reciprocal arrangement, that is when it becomes complicated/expensive
#17
Re: Effect of UK Credit Rating now that I'm here in Canada?
Unless, of course, they obtain a Canadian judgment to enable them to enforce the English one, a relatively straightforward and inexpensive procedure.
#18
Account Closed
Joined: Jan 2007
Posts: 2,404
Re: Effect of UK Credit Rating now that I'm here in Canada?
...If they're prepared to go through the process of PROVING you live in Canada and then accept the risk of you simply moving back to the UK....
#19
Re: Effect of UK Credit Rating now that I'm here in Canada?
In which case they would be able to enforce it in either country. "Proof" would simply be via an affidavit from the creditor stating "reasonable" belief - no difficult really
#20
Forum Regular
Joined: Jul 2008
Location: sheffield..but my heart is in Vancouver
Posts: 38
Re: Effect of UK Credit Rating now that I'm here in Canada?
sorry to hijack this thread slightly.... so what if you're declared bankrupt? How much of an effect does that have on your credit in Canada?
... not that we are - yet!! lol
... not that we are - yet!! lol