CONSUMER PROPOSAL AND A MORTGAGE
October 16th, 2008 by Questions
We are just starting the process of a consumer proposal and I am worried about our mortgage. We have an unsecured loan with the mortgage company for 10,000 and a first mortgage with them .Our renewal date is not up in March 2011.Will this unsecured loan have any effect on my current mortgage? I am having a difficult time keeping the mortgage payments up to date right now I am paying 1 month behind??
I am worried that the company will give me problems knowing that we are filing a consumer proposal and being a little late on my payments. I have been calling them and making payment arrangements to try get caught up but that may take a couple of months. I just want to keep my house.
Posted from: Ontario