January 20th, 2011 by Questions
can i do a consumer proposal if i was a straw buyer or do i have to claim bankruptcy
Posted from: Alberta
January 21, 2011 at 5:15 pm, Barton Goth - Goth & Company Inc. -Trustee in Bankruptcy said:
This depends. Techincally you can do a consumer propoasl on the shortfall from a mortgage. However, if you acted in a fraudulent manner or misrepresented yourself and you were found guilty by court, then this would become a debt that can’t be released by a bankruptcy or a consumer proposal.
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