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Ever felt like you’re stuck in a financial maze with no exit in sight? Debt can weigh you down, making every day feel like an uphill battle. But what if there’s a way to reset and start fresh? How many times can you do a consumer proposal? The straightforward answer is that you can file […]

Who Can Put a Lien on Your House in Canada?

Liens can significantly impact property ownership in Canada, often catching homeowners off guard. Understanding liens—what they are, the types that exist, and who can place them on your property—is crucial for any homeowner. This article unpacks the complexities of liens, explores potential lien holders, and discusses the consequences they can have on property sales. It […]

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rent to own

Is it possible to rent to own while making payments to the backruptcy program?

Posted from: Ontario

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One Response to “rent to own”

A licensed trustee said...

Certainly, BUT if you are already in a rent to own when you file for bankruptcy you may lose the money that you have already built up in the rent to own account.

Make certain you discuss this with your trustee BEFORE you file.