house and land evaluation
September 16th, 2008 by Questions
how does a trustee or creditor find out how much ones house is worth if one desides to file for bankruptcy?, and if one has land that the house sits on, is it just the first 5 acres that is of concern when it is time to sell or is it different when one files for bankruptcy ( I heard it is just the first 5 acres). like to know for sure.
if a consumer proposal is filed instead of bankruptcy, (ie: the amount owing is 50,000.00) about how much do one have to pay back? is it 50% or the whole thing?
Posted from: New Brunswick