August 27th, 2012 by Questions

I’m discharged on aug27,2010. I have 2 questions:
1) should I put or somebody else put the money in my account,will they ask me where did I get the money from and why…and what I should say…
2) I want to buy a house, Have I the right to ask for mortgage credit from the bank?

plz reply…thank you for your help…I love this site…..

Posted from: Ontario


One Response to “Teresa”

, A licensed trustee said:

If you have been discharged for 2 years then you may conduct yourslef just like any other Canadian – put money in the bank, apply for a mortgage, whatever you like.

I suggest you go and speak to a loans officer at your bank BEFORE you depsoit any large sums or apply for a mortgage. They will be able to have a look at your current credit rating (with your permission of course) and then they can advise you how best to proceed…

Good luck as you move forward.

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