Bankruptcy Myth #1
You must wait 7 years to get a Mortgage after Bankruptcy. Wrong! View my informative video and find out just what is required to get
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You must wait 7 years to get a Mortgage after Bankruptcy. Wrong! View my informative video and find out just what is required to get
Bankruptcy is a legal process under the Bankruptcy and Insolvency Act in Canada. Your Tustee will act to help relive you of your debts and deal with your creditors. Once discharged yo can begin to re-build your credit right away. Ask the mortgage Doctor how?
The Mortgage Doctor The concept behind Bankruptcy in Canada is this: You assign (surrender) everything you own to a trustee in bankruptcy in exchange for
Start to rebuild your credit the day after you are discharged from a Consumer Proposal or Bankruptcy learn more today.
Start to re-establish your credit the day after you are discharged. We have national lenders who will offer secured Visa Cards and RRSP loans to help you get started today!
No Need to wait 7 yrs to re-establish your credit after Bankruptcy or Consumer Proposal. Here at the Durham region Mortgage Doctor we have Capitol One Secured Master card application, Home Trust Secured Visa and Prudent Financial Loans to offer clients.
Start to re-build your credit the day after you are discharged do not wait until 7 years after!
If you claim bankruptcy and get divorced from your spouse you are both still jointly responsible for all joint debts until they are all paid off.
If you and your spouse have no joint debts then if you claim bankruptcy by yourself your spouse is not affected. If you and your spouse have any joint debts then your spouse will be held jointly responsible for those joint debts.
Traditionally if you have ever had bad or poor credit it would be very challenging for you to obtain a mortgage with a great interest rate. In today’s mortgage market it has changed and now there are many opportunities for borrowers with a poor credit history. When you contact a Mortgage Intelligence mortgage professional they will be able to help you get a great rate.
Oshawa, Ontario L1G 5N3
(905) 404-8001
(866) 452-1100
info@themds.ca
The Mortgage Doctors is Durham Region’s Mortgage Superstore. Our Mortgage Brokers use their expertises to advise and obtain approvals on mortgage financing that fits your mortgage needs.
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