Bankruptcy while having mortgage
Hello,
I currently have a total of $120,000 in unsecured debt. I am planning to file for bankruptcy, and I am afraid of losing my house. The trustee told me they have no interest in my house as it has zero equity.
My concern is that my mortgage is with Scotiabank, and I also have a $70,000 line of credit with them that will be included in the bankruptcy.
Can the bank force the sale of the house? Or require that I repay the full mortgage if I file for bankruptcy? Will I be able to keep the house and continue making the regular mortgage payments?
u/Secure_Cucumber9094 — 2 days ago