House loan

June 24th, 2012 by Questions

I bought a property (house) in another country but I borrowed the money from a credit union in Canada. If I apply for bankruptcy, would I lose the house that I bought ?

Posted from: Quebec


One Response to “House loan”

, A licensed trustee said:

Probably the house will have to be sold to pay down your Canadian debt. This is something to discuss with your trustee BEFORE you decide to file.

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