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

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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.

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Mortgage Renewal

I filed for bankruptcy and just got discharged the beginning of this year. My mortgage renewal is coming in 2 years (2007). What would be my chances of having my mortgage renewed? If the bank turns me down, where can i go to? Your help is greatly appreciated. Thanks!

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One Response to “Mortgage Renewal”

A licensed trustee said...

If your mortgage is in good standing (you haven’t missed any payments) and the value of your home has not decreased then you should not have any difficulties renewing your mortgage with your existing lender when it comes do.

If you think there are reasons why you might have a problem then I suggest you call your lender a few months prior to renewal to discuss those concerns with them. At least then you will have some advance warning if their is going to be a problem.