Latest Posts
Home > Ask The Get Out of Debt Experts > In Debt in Greece and Need to Move to Canada. – Confused

In Debt in Greece and Need to Move to Canada. – Confused

“Dear Steve,

Have a mortgage in Greece that no longer can be paid. Been out of work for 6 months. Have a wife and 3 kids and family in North America, that is willing to get us back on our feet.

If we moved to Canada ( have citizenship), can Greece come after us for the mortagage we still owe on the house?

Confused”

Don’t miss our free Get Out of Debt – “How To” Guide Series on a number of topics, for loads of practical advice, tips, and help to beat back debt. – Click Here

The Answer

Dear Confused,

Well, first of all, you need to do what you have to do.

Since Greece is part of the EU there is an approach to insolvency that may be available to you. This is important because if you can hand the house back and close the door on the mortgage debt before you leave Greece then you will not need to worry about the old debt resurfacing.

Greece is an interesting country when it comes to consumer debt problems. As I remember, Austria, France, Denmark and Greece did not allow for the possibility of wage attachments.

Talk to a legal adviser in Greece, for specific responsibilities and rights you may have under the current law. But for the most part, the international debt collections industry is not that sophisticated. I would be surprised if you moved to Canada and anyone chased you or had any legal authority over you for the debt.

Please update me on your progress by posting updates here in the comments section of your question. I’m very interested in how this works out for you.

Big Hug!

In Debt in Greece and Need to Move to Canada.   Confused
Get Out of Debt Guy – Twitter, G+, Facebook

If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free.

In Debt in Greece and Need to Move to Canada. - Confused by

Share This and Spread the Word

About Steve Rhode

Steve Rhode
Steve Rhode is the Get Out of Debt Guy and has been helping good people with bad debt problems since 1994. You can learn more about Steve, here.

Get My FREE Get Out of Debt Guy Newsletter

It is the smart thing to do.

I promise to keep your email safe and secure.

Close

I want to keep you posted each weekday with just one email about the latest get out of debt news, scam alerts and information to beat back debt.

You can unsubscribe at any time with just one click.

After you subscribe, check your email to confirm your subscription. If the confirmation email does not appear in your inbox in a few minutes, check your spam folder for it. Sometimes it likes to annoyingly hide there.


  • It will keep you posted on the latest scams.
  • You will be alerted to the latest articles.
  • You will wind up smarter than everyone else dealing with debt.