assets that need to be declared
November 28th, 2011 by Questions
I am considering to file personal bankruptcy and did not find the answer in FAQ :
I & my father qualified for a mortgage for a house 5 yrs ago, therefore jointly hold the house title & mortgage, my father contributed 100% for the down payment, since he could not qualify for the mtg. I put my name on it just to qulaify for the mtg. Do I need to declare this house being my assets whether I live in it or not?. Will it effect in any way to his credit, can debtors can come after the house ?.
Posted from: Alberta