Real estate blog entries tagged with bankruptcy by Robert Morrow (Chase Realty Inc. Brokerage)

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Home : Blogs : Robert Morrow : Hamilton Home Review-Robert J. Morrow, editor : Tag "bankruptcy"

bankruptcy: Five things to consider before bankruptcy - 02/05/09 09:54 AM

Okay, I know it's a subject we don't like to discuss. But with job losses mounting in certain parts of Ontario, it is clear that many will be considering bankruptcy as a solution to their problems.
The first consideration is whether or not you lose your home. And although people will give you differing advice on this, it is the "intent" of the law not to kick you out of your home. Most trustees will work out an arrangement with the bank (or other mortgage holder) so that you pay back equity in the home. After all, in most cases, paying … (2 comments)

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Robert Morrow

Hamilton, ON

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Chase Realty Inc. Brokerage

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Blog by Hamilton Home Review's editor, Robert J. Morrow, a licensed Realtor with Chase Realty Inc., in Ancaster, ON, Canada.

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