skh62
 
Reply Tue 9 Jun, 2009 09:54 am
If someone was to declare bankruptcy or just have a poor credit history in the US, would that history carry forward to a different country if they were to relocate?
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Type: Question • Score: 2 • Views: 1,265 • Replies: 7
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contrex
 
  1  
Reply Tue 9 Jun, 2009 11:27 am
@skh62,
Probably not, depending if the credit reference agencies have links to US agencies, but there is another aspect to this: in your new country you will have NO credit history, which can be nearly as bad.

Also note that it is not usually possible to just "up sticks" and move to another country. Most Western countries have strict immigration laws and you would need to get a visa. This is not a trivial task.
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reginekelly16
 
  1  
Reply Tue 8 Oct, 2013 08:33 am
@skh62,
I think it won't carry forward if ever that someone will relocate to other country.
contrex
 
  1  
Reply Tue 8 Oct, 2013 11:02 am
@reginekelly16,
You woke up a thread that was over 4 years old.
reginekelly16
 
  1  
Reply Wed 9 Oct, 2013 04:09 am
@contrex,
funny
0 Replies
 
forextraordinaire
 
  1  
Reply Thu 10 Oct, 2013 02:21 am
@skh62,
As per my knowledge its not applicable for other country. However bankruptcy remains for 10 years or so.
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Bankruptcy
 
  1  
Reply Tue 22 Oct, 2013 12:31 am
@skh62,
probably not. Bankruptcy is not applicable in other country
ryaan
 
  0  
Reply Wed 6 Nov, 2013 06:39 am
@Bankruptcy,
I think it would not be carry forward because most of the companies have data of their own country but if there is some connection between credit agencies with that companies it can also happen.
0 Replies
 
 

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