April 23rd, 2012 by Questions
Our mortgage is greater than the value of the property. We also have unsecured debt and will be filing a consumer proposal.
Question: Is the remaining debt on the property after a foreclosure treated any different than the remaining debt after a sale?
Is the remaining debt still eligible to be a part of a Consumer Proposal even if the Bank gets a Court Judgement for the balance?
Posted from: British Columbia
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