2009-02-22
You're thinking of the Limitations Act of British Columbia - specifically s.3. (Most of the Canadian provinces have similar legislation). That statute says that, for the type of debt that you're referring to, if 6 years goes by without you making payments or otherwise "acknowledging" the debt, the creditor can no longer attempt to collect from you - i.e., the debt is gone. So, in your case, your creditors will continue to try to collect from you for some period of time. If they eventually give up and there are no payments and no communication between the two of you for 6 years after they give up, the creditors cannot ever go after you to collect those debts. There are different rules for different types of debts, but yours would appear to fall under the above provisions. So, even if you're living in another country, the creditors can still take collection action and avoid the 6 year limitation. If you want to have a look at the statute, you can access it atStatute of Limitations Judy A. Scott Meyers Norris Penny Limited British Columbia 604-949-2100
2025-06-19
With the school year beginning and thousands of Canadian students beginning a new semester of post-secondary studies, all those hard-earned dollars from summer gigs are now being applied to tuition, books, transportation, housing, and supplies.
2025-06-18
The cost of daily goods has been rising over the past few years — increasing the price of food, gas, clothing, and many other essential items that Canadians need in their day-to-day lives.
2025-06-16
Bankruptcy Alternatives to Bankruptcy
Let’s review what a Consumer Proposal is, as well as the pros and cons of filing a Proposal, to help you determine if it’s the right solution for your unique situation.
