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#real-estate-law#ontario
Added: 22 days ago

Can a mortgage financing company take away my home if I don't pay the loan in full?

A few years back I co-signed a second mortgage for my son. Unfortunately, he lost the house. I have been paying on this second mortgage for about 4 years. The amount is 40,000. The payments are up to date. It is through… (Read more)


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Samuel Michaels

Founder & Lawyer, SM Legal


Though it is unlikely that the company will be able to force you from your home, we cannot determine all the risks without a full review of the evidence and circumstances.


In your circumstances, you may benefit from contacting a lawyer. We can recommend Mark Evans (http://www.lexpand.ca/about-us/mark-harris-evans/) an Ontario-based real estate lawyer.


Answered: 22 days ago