April 1st, 2011 by Questions
i’m considering a consumer proposal for all my unsecured debts (credit cards) since interest and minimum payments are so high.
My question is, If a proposal is accepted, when It comes time to renew my home mortgage and bank notices that I’m making payments under a proposal with all my unsecured debts, will that affect the chance to renew with bank?
Will Bank refuse to renew because of It?
my mortgage is pretty much my priority and haven’t missed a single payment.
Thanks in advance for clarifying this.
Posted from: Ontario