http://www.bankruptcy-canada.ca/consumer-proposals/2009/01/can-a-mortgage-be-cancelled.html Personal Bankruptcy Canada Blog Fri, 10 Feb 2012 15:23:44 +0000 hourly 1 http://www.bankruptcy-canada.ca/consumer-proposals/2009/01/can-a-mortgage-be-cancelled.html#comment-85144 Barton Goth - Goth & Company Inc. -Trustee in Bankruptcy Sat, 31 Jan 2009 16:11:23 +0000 http://www.bankruptcy-canada.ca/consumer-proposals/2009/01/can-a-mortgage-be-cancelled.html#comment-85144 Typically there is no impact on someone's mortgage when a consumer proposal is filed. We do an extremely high percentage of proposals compared to many trustee's and I have seen people have trouble renewing mortgages with new institutions, but never a mortgage canceled in the middle where there is a good history of payments being made on time. Typically there is no impact on someone’s mortgage when a consumer proposal is filed. We do an extremely high percentage of proposals compared to many trustee’s and I have seen people have trouble renewing mortgages with new institutions, but never a mortgage canceled in the middle where there is a good history of payments being made on time.

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