http://www.bankruptcy-canada.ca/money-management-and-problems/2008/05/mortgage-shortfall-2.html Personal Bankruptcy Canada Blog Fri, 10 Feb 2012 15:23:44 +0000 hourly 1 http://www.bankruptcy-canada.ca/money-management-and-problems/2008/05/mortgage-shortfall-2.html#comment-37541 Barton Goth - Goth & Company Inc. - Bankruptcy Trustees Fri, 30 May 2008 13:58:15 +0000 http://www.bankruptcy-canada.ca/money-management-and-problems/2008/05/mortgage-shortfall-2.html#comment-37541 This is completly up to the bank and how they want to proceed.. They usually will set the price at whatever their experts believe they can obtain in a relatively short time frame. Often times the price will be set low, but the sale is conducted as a public auction, so as you can see there is a lot of flexibility available to the bank. This is completly up to the bank and how they want to proceed.. They usually will set the price at whatever their experts believe they can obtain in a relatively short time frame. Often times the price will be set low, but the sale is conducted as a public auction, so as you can see there is a lot of flexibility available to the bank.

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