не могли- Интер права, значит не было< bankruptsy declaration with Trustee> это банки за неуплаты ипотеки забирали с < court order>
<This brings us back to the original question, which is one that we get all the time. The Ontario Execution Act states that your primary residence is exempt from bankruptcy proceedings with a maximum value of $10,783. This means that you are only allowed to maintain $10,783 of equity in your home during bankruptcy. If you have more than $10,783 worth of equity, then there are ultimately two options:
Option A: Your house can be surrendered and/or sold, with the resulting funds being added to the bankruptcy estate. In this case, you would not be keeping your home, but sometimes it makes the most sense.
Option B: You can pay the difference in equity to your trustee and keep the house. With this option, you would consider the total amount of equity you have in your home and pay that amount to the trustee, minus $10,000, which is exempt. The trustee adds these funds to the bankruptcy estate for distribution to your creditors in accordance with the Bankruptcy and Insolvency Act.
If you are hoping to keep your home, your trustee will work with you to find an acceptable solution that makes sense in your situation. Declaring bankruptcy does not mean that you will lose your home. It is common for people in bankruptcy to keep their homes.
smartc00kie
© (29.11.2023 Ср 00:19)
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