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I foreclosed on my home and the money the bank got after the sale was a lot less than what it was mortgaged for. I understand that CMHC will be coming to collect the difference from me. can I offer CMHC a consumer proposal?

Posted from: British Columbia

One Response to “CMHC”

A licensed trustee said...

Certainly – you need to understand that it may take CMHC a few years to get around to contacting you about the shortfall. Contact a local trustee to discuss your situation. (Don’t forget to tell them about your prior bankruptcy).