This is our main tax information forum which deals with topics concerning Canadians living and working in the U.S., U.S. citizens contemplating working in Canada, and all aspects of Canadian and U.S. income tax and related adminstrative issues.
Moderator: Mark T Serbinski CA CPA
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If you want to take the debts loan then this it will depends on some factors like your credit score, etc. Your credit score must match with the required credit score. If you take the debts loan and if you not be able to pay the amount within the time period then you have to face some serious issues. The creditor can do the debt collection process, if you don't know the debt collection process then must know from this (https://thestepchange.com/debt-informat ... on-process). They can send you several notification regarding the payments and if you ignored or missed that, then they can send you some legal notice.