I'm in Canada, and I'm wondering if anyone can tell me what happens if I never pay off old credit card bills

To get a very true an accurate answer ( because your situation may require assistance ) you should consult a bankrupcy attorney...

There are ways to repair your credit , you just have to want to do it .

I'm glad you got your thoughts off your chest! I'm in a similar situation you're in. I know how you feel. I am staring my A levels and can't be bothered to learn anymore- to be honest I don't know why I'm in college in the first place! Anyway, all I can say from my experience is that you have to decide whether you want to get in to University or not. Maybe you should try and make up with your friend, I have lost a best friend because of something which was probably most likely my fault. But in a way I think that was good for me, but it took a long time to get over it. So yeah, don't let that happen to yourself. If you do want to take college seriously, you should make a study timetable so you can seperate where you have free time to chill with your friends, and then obviously when you need to work. This is what I am gonna do, and it should help you. If you can't stick to that then there really is no point in bothering at all. You have to remember that college is the stepping stone to getting a good career to uni- so don't mess up your life! (although that is kind of your decision- lol!) I hope I helped in some small way, eventhough I talk for too long.. Good luck!

They will come after you until you pay up. My husband had stuff from a number of years ago, and when we went to buy a house it all came back to haunt him. I can't imagine it's any different in Canada...as for the 5 year thing, if that was true wouldn't we all be doing it? Seek credit help now, it may not be too late.

yeah u need 2 consult like a proffesional because if u dont pay them the goverement might like come and take ur posessions and everything u have and ull be bankrupt and maybe u might want 2 quite moneymart, cause u have a computer u could get an online job ive herd theres alot of high paying jobs on the internet if u cant leave ur house well i hope i helped a little im sorry if i didnt

if u dont pay of your dredit the repo guys will come and take ur stuff

Big fines or possibly prison time.