FILL OUT THE FORM BELOW AND RECEIVE A NO-OBLIGATION CONSULTATION

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If you have unsecured debt of under $10,000 and live in the Province of Ontario filing bankruptcy may not be the best option for you. We suggest you contact the Office of the Superintendent of Bankruptcy at 416-973-6441 to discuss your options, or you can visit their website here.

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Mortgage

Will my mortgage bank know about CP? I have no other debts with them?

Posted from: Ontario

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One Response to “Mortgage”

A licensed trustee said...

Yes, they will, but don’t worry about it. The law requires you to list everyone that you owe money to – mortgages, car loans, all your credit cards, loans, etc, etc.

The law also says that the mortgage company (and car loans and other secured debts) cannot cancel or fail to renew your mortgage simply because you filed a consumer proposal.