Opening Bank Account if you owe the bank money
He owes the bank a few thousand dollars in unsecured credit card debt. No payments have been made on the debt in over 4 years and it has been transferred to multiple collection agencies. They never sued him or got a judgment.
When does a bank 'wipe the slate clean' if the customer wants to deal with them again?
If anyone knows how the Canadian banks generally deal with this, please post!