Bankruptcy after illness
August 7th, 2010 by Questions
Im currently on long term disability after illness and cannot return to work. my spouse works part time- we are debating bankruptcy. Here are our concerns:
Mtg is insured through cmhc-would turn over keys to home as well-does cmhc have any claim against us after. also, there is a court order to have a hydro poll moved on the property. if we forclose, that is no longer our concern correct? we have unsecured debt and no assets. that is all wiped out as well? lastly, would i lose my long term disability benefits? please advise. thank you,.
Posted from: Ontario