Tag

co-sign
Mortgage Guarantor Declares Bankruptcy Today’s question came from a mortgage broker whose client has guaranteed his daughter’s mortgage loan, but he is now considering personal bankruptcy. Will his guarantee survive the bankruptcy, or will it be removed? If it is removed, the debtor is worried the mortgage company might wish to re-approve his daughter on...
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Co-sign for $250,000 – what if you die Today’s question came from Richard in Toronto. His son has been accepted to medical school in the USA. Son needs lots of $$ to get through the program. Canadian banks offer VERY LARGE lines of credit for such circumstances – most often for medicine, dentistry, law, engineering...
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