Consumer proposal in Toronto

by Editor Bankruptcy Toronto on December 10, 2010

Question: How soon can you purchase a home after your discharge from a consumer proposal and would you be able to take advantage a good interest rate?

Answer: That will depend on a number of factors.  The proposal is one factor, but other factors will include the amount of equity you have in your home, and your income, and whether or not you have a co-signor.  Your bank or mortgage broker can provide you with more information.

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