FILL OUT THE FORM BELOW AND RECEIVE A NO-OBLIGATION CONSULTATION

"*" indicates required fields

Phone

This field is for validation purposes and should be left unchanged.

Name*

Phone Number*

Email*

This field is hidden when viewing the form

What's the best time to contact you?*

Location*

What city do you live in?*

Total Unsecured Debt*

*Unsecured debt includes credit cards, lines of credit, bank overdrafts, payday loans, and unsecured personal loans (excluding student loans). It does not include mortgages and car loans.

This field is hidden when viewing the form

Source

How can we help you?

If you have unsecured debt of under $10,000 and live in the Province of Ontario filing bankruptcy may not be the best option for you. We suggest you contact the Office of the Superintendent of Bankruptcy at 416-973-6441 to discuss your options, or you can visit their website here.

Agreement*

I understand that Bankruptcy-Canada.ca does not provide debt relief services directly and agree to securely share this information with a local Licensed Insolvency Trustee (LIT) for a free, confidential consultation.

Select Trustee By Province

would I qualify?

I’m on title on my moms house and my share is only 11%. My siblings and I helped her get a loan to do renovations and to pay off some personal bills. We pay some money on a monthly basis. There is equity in the house. I don’t live in the house. Would I qualify to file for a consumer proposal?

Posted from: British Columbia

Share this post:

X (Twitter) Facebook Pinterest LinkedIn Email

One Response to “would I qualify?”

Barton Goth – Goth & Company Inc. -Trustee in Bankruptcy said...

The presence of equity in your mothers property doesn’t prevent you from being able to file a consumer proposal. However, the presence of this equity must be considered when crafting the consumer proposal, but contact a local trustee and they will assist you with determining the type of offer that will be required.