mortgage fraud

can i do a consumer proposal if i was a straw buyer or do i have to claim bankruptcy

Posted from: Alberta

One Response to “mortgage fraud”

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.