CMHC and Bankruptcy

November 18th, 2011 by Questions

Can CMHC come after you for the shortfall if you’ve claimed bankruptcy?

Assuming foreclosure came first, then CMHC comes to us for shortfall and we then file bankruptcy….what happens to the shortfall then?

Posted from: British Columbia


One Response to “CMHC and Bankruptcy”

, A licensed trustee said:

The shortfall will be included in your bankruptcy just like your other unsecured debts (credit cards, income taxes, etc, etc).

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