Hello Anon Hello Cosmo, there is a 14 day rule in the industry that almost all lenders adhere to. If the payment is late but arrives within 14 days of the due date no record of that missed payment is recorded. However if the payment is late past 14 days there is a record kept on file which never disappears. This can be a problem if in the future you are looking to refinance with that lender and they find out there are many lates on their file. They may just decide that they are not going to take a risk. The good news is that mortgages in Canada are not reflected on your credit bureau so if there is a problem another lender will not have access to this info and your approval will be based on your credit bureau instead. One thing to remember that banks will send the file to their legal department if a payment is not made after 60-90 days. Any legal costs the bank incurs (even if you bring the mortgage up to date) will most likely be forwarded on to you. Call the bank today and make sure they know of the situation, they may be able to help with programs like skip a payment, or extending your amortization to lower your payments. If you or any reader would like more information please do not hesitate to give me a call at any time. Abraham Niyazi - Mortgage Agent - Lic# M08010640 - Centum One Financial Lic# 10758 - Cell: 416-993-4082 - Office: 1-866-RATE-708 - http://www.centum.ca/abraham_niyazi/ I have access to many Banks/Lenders across Canada and have 11 years experience in the industry.

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I am a us green card holder for 2 decades. ever since i got the green card, i never managed to secure a job in us as i was too highly educated and i did not want to work for $7 per hour. upto 2005, my brother supported me with food and accommodation. he fed me for 15 years and still wants to look after me food/accommodation wise. but he makes $40k per annum and pays mortgage and fees for daughter at university. as a result he lives on bread and water but fed me better.it is 2010 now and i have not been able to go back to us due to lack of funds (to get food stamps in us i have to have paid 40 quarters of taxes but i have never worked and never filed taxes. i did do 15 years of unpaid voluntary work to help five needy/disabled neighbours. in uk i get state benefits so i have no bills for my food or accommodation or medicines (i am seriously diabetic). i had a friend who overstayed out of us for 2.5 years but me managed to get into us via toronto, canada because often if you flash your green card, they just let you pass. another person i read about, he was out of us for 3 years but he said i only left 10 weeks ago and immigration officer let him in. this is because when you leave us, there is no immigration so if a green card holder leave usa, they do not know when you left (compared to tourist visa when they attach a slip in your passport which airline check in people remove so they know when you left the country). yet another person i read about as follows. this person left us to go to france to attend a wedding. 10 days later when he was returning, he found out that he left his green card in a relatives home who is not contactable. there was no time to wait so he decided to enter us under visa waiver having electronically registered the same in us embassy at paris. then he came back to france within the time it said on the sticker stuck to his passport. he then collected his green card and entered us with his green card and there was no problem. there are three scenarios above and i need to ask which i can get away with. this is the last time i will leave us, you guys will think i should not be allowed to enter us as i had no intyention of staying there. not true. i could not stay due to lack of funds and was ill with diabetis and could nto pay doctor and even a dentist. i am now in touch with a person who says he will give me below minimum wage for 18 hours work per day for at least 15 months. i do need to enter us and i am at my wits end. please advise as i do not want to lose the green card. i wish i had done a few hours a week job when i was there upto 2005 or even applied for citizenship and then i could have been out of us even for decades. help from legally qua;ified people greatly appreciated. ps: does us now keep records for departure from usa (for green card holders) and how about me entering us via toronto or may be under visa waiver and then return to uk within the expiry period and then enter us again but with green card.

Hate to bust your bubble, but the US DOES keep track of all who enter and LEAVE the US..including green card holders (my husband is a green card holder) IF (and this is a HUGE if) you managed to enter the US again....understand they will catch this. Either when you apply to have your green card renewed or when you apply for citizenship. During renewal of green cards, and citizenship processing..they have a lot more time to comb over your record, and will discover your extended absence from the US. At that time you will be placed in removal proceeding. Your green card has been dead for many, many years now. If you want to legally return, you need to start the process all over again. Donna

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I am a u.s. citizen who lives here and i went up to canada to purchase a condo a few years ago, well time was coming around and i needed to get a mortgage for this property so i found someone and signed some documents stating that his brokerage fee was $3,417 canadian. instead of directly purchasing this condo i was able to "assign" my contract to another person so i no longer needed the mortgage--all obligations went to the new buyer. so i never got the mortgage, and didn't need it anymore and i went back to the loan officer and told him, and he insisted that i pay him. i told him that i didn't feel as though i owed him since it never closed, and this is the way commissioned jobs work. well i just got another email from him 3 months later and he has told me to pay him as he is "planning closure" on my case in the courts. can this guy really sue (and win) and go after me here in the states? thanks for the help.

If you defaulted on a legal contract, (written or verbal) he can certainly sue you in the Canadian court system for the amount owed and reasonable damages. Now unless you go to Canada, it will be hard for him to collect from you through the Canadian court system. Unfortunately if you don't go represent yourself, he will likely win the case, and you will have an outstanding judgement against you that may prevent your from conducting any business in Canada or even visiting in the future. Additionally the Canadian courts can potentially petition the American courts to seek financial reimbursement from you directly through wage garnishments or liens on your property. If you know you are in the right based on your contract, the best course of action would likely be to let them present their suit, hire a Canadian lawyer to represent you, and prove your case in court (and counter sue for expenses). If you are contractually in the wrong, your best course of action will be to pay them the money you owe before they compound it with legal fees and damages. I hope this helps.