house and consumer proposal

March 28th, 2009 by Questions

Can I purchase a home while in consumer proposal. My previous mortgage was paid when the house sold..its only unsecured debt thats included in my proposal. The whole thing happened because of my divorce and my ex not paying his bills…so they came after me and I opted to pay half in a proposal rather than bankrupt myself. Thanks

Posted from: Ontario

Questions

One Response to “house and consumer proposal”


March 30, 2009 at 9:51 am, Barton Goth - Goth & Company Inc. -Trustee in Bankruptcy said:

The only difficulty you may have is finding someone who will finance the home (of course it won’t be as difficult to find as if you had filed a bankruptcy). If you can find someone who will finance it there is no problem from the proposal end of things.

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.)