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Mortgage & Bankruptcy in Saskatchewan

I have a mortgage and have never missed a payment. It has been in place for 4 years, and i just renewed for another 7 years. I am behind on my property tax. What will happen to my home if I claim bankruptcy?

One Response to “Mortgage & Bankruptcy in Saskatchewan”

A licensed trustee said...

As a general rule, it is possible to go bankrupt in Saskatchewan and not lose your home. You are still liable for getting your property taxes caught up. You can find more information at the bankruptcy Saskatchewan web site. This is a complicated area, so I would strongly recommend you consult a bankruptcy trustee before making any decisions.