Personal Bankruptcy

April 3rd, 2009 by Questions

Just inherited money from my Mother who has passed.I filed for personal Bankruptcy 3 yrs ago.I want to purchase a home for my family.I will put down a good amount but would need a mortgage.What is some good advice for this problem that is haunting me.Thanks, Deb

Posted from: Quebec


One Response to “Personal Bankruptcy”

, Barton Goth - Goth & Company Inc. -Trustee in Bankruptcy said:

The general rule with a mortgage is the more you put down the better. As for how much you will need, you would have to discuss this with your bank or with a mortgage broker as I simply do not know enough about your situation (i.e. income, job history, when you were discharged, what you have done to re-establish your credit etc.) for me to even attempt to predict what type of a position you are in.

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