Connecting You with Trusted Licensed Insolvency Trustees – We’re Here to Guide, Not Decide. Learn More

Free Consultation

Mortgage and credit card TD

I owe approximately 19,000 in unsecured debt and 11,000 in a home equitly loan. One credit card is $5000 plus my overdraft of 1300 with TDCAnada trust. My mortgage is with TD as well. My renewal comes up in March 2013. If I were to file a CP would they still renew my mortgage at a decent rate or shoulf I wait till after renewal to File??
Thanks

Posted from: Ontario

One Response to “Mortgage and credit card TD”

A licensed trustee said...

As long as you don’t have payment problems with your mortgage you should not have any problems renewing it. MNortgages are handled by a different department at the bank and have their own rules for renewing.