Consumer Proposals

June 12th, 2007 by Questions

My situation being that I owe CRA $100,000. I am in the process of selling my half of my house which has $56,000 tied up in a mortgage leaving $100,000 equity.
I am in a quandry as to what I can do about this as I have had my head in the sand for a long time now?
Any advice?

Questions

One Response to “Consumer Proposals”



June 13, 2007 at 9:03 am, A licensed trustee said:

Before you refinance/sell your house I suggest you contact a trustee to discuss your situation – a proposal might work, but you need o strategize BEFORE you sell the house.

Please post a follow up comment below:

(Note: comments are reviewed by moderators and then posted after approval. In addition, due to high volume some of the comments might not be posted.)