PR .UNPAID DEBT IN CANADA

[AahG0187]

Hi..I left Canada in 2016 because of not having an eligibility to apply for a PR back then. I had some unpaid debts at that time which I was trying to pay off but couldn't continue to pay as I moved back to India. I just checked my credit score and my debt with interest has gone up to $16400. I have received my ITA and wanted to know if this debt would affect my PR application ?
I have proof of funds worth $35000 which even if they minus the liabilities is still enough for 1 person as given in their site
Please help if anyone knows anything about it

 

[scylla]

Hi..I left Canada in 2016 because of not having an eligibility to apply for a PR back then. I had some unpaid debts at that time which I was trying to pay off but couldn't continue to pay as I moved back to India. I just checked my credit score and my debt with interest has gone up to $16400. I have received my ITA and wanted to know if this debt would affect my PR application ?
I have proof of funds worth $35000 which even if they minus the liabilities is still enough for 1 person as given in their site
Please help if anyone knows anything about it

Your debt won't impact you getting PR.

However this debt will create problems for you once in Canada (getting banking products, getting a car, buying / renting a place, potentially stop you from getting a job). Recommend you pay it off as soon as you can.

 

[WarHammer]

Hi..I left Canada in 2016 because of not having an eligibility to apply for a PR back then. I had some unpaid debts at that time which I was trying to pay off but couldn't continue to pay as I moved back to India. I just checked my credit score and my debt with interest has gone up to $16400. I have received my ITA and wanted to know if this debt would affect my PR application ?
I have proof of funds worth $35000 which even if they minus the liabilities is still enough for 1 person as given in their site
Please help if anyone knows anything about it

Fortunately for your unpaid debt is not a crime. But there is a reasonable chance it will show up during background screening which can potentially be a blocker.

Say you do get your PR, your life becomes a nightmare unless you have tons of liquid cash and don’t care about credit. You can forget about renting a decent apartment, buying a car etc unless you pay off your debt.

 

[AahG0187]

Will I need to show these Canadian debts in my proof of funds letter I submit in my application ?

 

[Harsimran1606]

Will I need to show these Canadian debts in my proof of funds letter I submit in my application ?

No i have the same situation like you. I also had a debt around $15000 when i applied under express entry..i did not mention naything about debt in application and right now am permanent resident...

 

[Govardhan7]

No i have the same situation like you. I also had a debt around $15000 when i applied under express entry..i did not mention naything about debt in application and right now am permanent resident...

Could you explain more on this. Do you have debt in which country and from which country did you apply for your PR..?

 

[Govardhan7]

Will I need to show these Canadian debts in my proof of funds letter I submit in my application ?

Did you get your PR..?